26 Manchester Road
Burnley
Lancashire
BB11 1HH
Stockbridge Road, Padiham
Auction Guide £45,000 Sold
2 Bedroom House - Terraced
- LEASEHOLD
- Popular Residential Area
- Close To Local Amenities
- Two Double Bedrooms
- Four Piece Bathroom
- Built-In Storage
- Tenant In-Situ
- Landlords/Investors
- Buy-To-Let
- Modern Method Of Auction
Attractively priced and well worth a viewing.
*For Sale by the Modern Method of Auction* - Starting price of £55,000 plus reservation fee.
*Tenant In-Situ*
Located in a popular residential area in Padiham, close to local amenities and the Padiham Greenway, this two-bedroom, mid-terrace property presents an ideal purchase for landlords/investors looking for a buy-to-let property with a tenant in-situ.
The property briefly comprises to the ground floor, a generous living room with a gas fire, leading through to the large kitchen/diner which houses matching wall, base and drawer units with complimentary work surfaces, stainless steel sink and useful under stair storage cupboard.
To the first floor are two spacious double bedrooms both of which benefit from built-in wardrobes. The bathroom houses a four-piece suite in white comprising a low-level WC, pedestal wash basin, panelled bath and separate walk-in shower cubicle.
The property benefits from the modern-day comforts of gas central heating and UPVC double glazing.
Externally there is an enclosed yard to the rear.
The lease is 999 years starting from 1842. There are 819 years remaining. The ground rent is £1.15 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.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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