**For Sale by Modern Method of Auction; Starting Bid Price £70,000 plus Reservation Fee. End date 15th September**
Attention all investor & developers. This stone-built end-terrace provides fantastic potentials for a huge, family home with original features throughout. Close to Burnley General Hospital, bus stops, local School & Parks. Perfect for anyone looking for a project to add there own stamp.
The property briefly comprises a living room, dining room, cellar and rear kitchen. On the first floor there are two bedrooms, an occasional room to the rear along with the family bathroom.
The property is competitively priced to allow the new buyers to bring this property back to its former glory. The kitchen could be brought into the rear dining room creating a large, open plan kitchen/diner ideal for the family. The cellar provides plenty of storage space/workshop.
There is a spacious living room with a bay window providing an abundance of light. Upstairs there are currently two bedrooms, but there is fantastic potential to create a third bedroom by moving the bathroom central and creating a larger landing or move the staircase and change the layout completely.
Currently the family bathroom is through the bedrooms and houses a three-piece suite comprising low-level WC, pedestal hand wash basin and a bathtub.
Externally there is a garden forecourt to the front and to the rear is a wooden split gate to allow off-road parking.
For Sale by Modern Method of Auction; Starting Bid Price £70,000 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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