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Guide Price   |   Ref: 31442422

£45,000

26 Graham StreetPadihamBurnleyLancashire

  •   2 Bedrooms
  •   1 Bathrooms
  •   1 Receptions

*Attention Investors & Landlords*

*Tenant In-Situ*

Providing a fabulous investment opportunity this traditional stone-built, end of…

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Key features

  • LEASEHOLD
  • Tenants In-Situ For 15Years
  • Landlords & Investors
  • Two Bedrooms
  • Spacious Living Accommodation
  • Gas Central Heating
  • UPVC Double Glazing
  • Within Walking Distance To Town Centre
  • Popular Residential Area
  • Close To Local Amenities

Full property description

*Attention Investors & Landlords*

*Tenant In-Situ*

Providing a fabulous investment opportunity this traditional stone-built, end of terrace house occupies a convenient position within comfortable walking distance of Padiham town centre and all local amenities. The property is currently tenanted where the present tenants have occupied the property for a period of 15years.

The accommodation is arranged over two floors which comprises on the ground floor a lounge with feature gas fireplace and cabinet in the recessed alcove. The kitchen to the back of the property houses matching wall, base and drawer units with contrasting work surfaces, stainless steel sink, integrated oven, gas hob with overhead extractor fan and a useful under stair storage cupboard.

On the first floor the spacious master bedroom is located to the front of the property, with a central landing leading to a second, single bedroom with over stair storage cupboard and a large bathroom housing a three-piece suite in white comprising a low-level WC, pedestal wash basin and panelled bath with overhead shower.

The property benefits from the modern-day comforts of gas central heating and UPVC Double glazing.

Externally there is a generous, enclosed yard to the rear.

The lease is 999 years starting from 1842. There are 819 years remaining. The ground rent is £1.40 per annum. The property is council tax band A.

For Sale by Modern Method of Auction; Starting Bid Price £45,000 plus Reservation Fee.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance. The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition
to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Read more

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Property listed with…

Petty Real, Burnley

26 Manchester Rd, Burnley BB11 1HH

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