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Auction Guide   |   Ref: 30731023

£50,000

Skelton Street, Colne

  •   2 Bedrooms
  •   1 Bathrooms
  •   1 Receptions

Perfect investment opportunity! For Sale by Modern Method of Auction; Starting Bid Price £50,000 plus Reservation Fee.

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Key features

  • Stone- Built
  • End-Terrace
  • Two Bedrooms
  • Large, Spacious Lounge
  • Perfect Investment Property
  • Some Works Required
  • Close To Local Schools
  • Highly Sough After Area
  • Modern Method Of Auction
  • Fees Apply

Full property description

Perfect investment opportunity! For Sale by Modern Method of Auction; Starting Bid Price £50,000 plus Reservation Fee.

Close to Colne Town Centre, local schools, and local amenities. This stone-built end-terrace is situated in a highly sought-after area of Colne and provides the perfect opportunity for investors to add their own style and to get a fold hold on the property ladder or grow their current portfolio.

Entering the property into the entrance vestibule leading through into the spacious lounge which benefits from a gas fire. The rear kitchen has been fitted with matching wall, base, and drawer units with contrasting working surfaces.

On the first floor, there is a double bedroom to the front and a generously sized single to the rear. The three-piece bathroom suite is in white and comprises a low-level WC, pedestal hand wash basin, and a quadrant shower.

Externally there is an enclosed rear yard.

For Sale by Modern Method of Auction; Starting Bid Price £50,000 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, Colne

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