26 Manchester Road
Burnley
Lancashire
BB11 1HH
SOLD AS SEEN BY MODERN METHOD OF AUCTION
This is a two bedroom mid terraced property being sold with a tenant in-situ paying £411pcm (£95 per week). An ideal investment providing an instant cash flow at a 7% yield.
There are two reception rooms, an extended kitchen and a rear yard.
To the first floor are two bedrooms and a family bathroom.
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, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
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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