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House For Sale £80,000
Melville Street, Burnley BB10


Description
*attention landlords & investors*
*Tenants In-Situ*

*For sale by the modern method of Auction*

A garden fronted, end of terrace property in a popular residential area of Burnley. Close to Thursby park & playground, Bank Hall Park, Thompson Park, Queens Park and within walking distance to Burnley General hospital, this offers an ideal purchase with tenants in-situ.

The accommodation is arranged over two floors and briefly comprises on the ground floor; an entrance hallway with access to the stairs leading to the first floor and a well proportioned lounge situated to the front of the property with gas fire set within a feature fireplace providing and attractive focal point.

To the rear of the property is a spacious kitchen/diner housing a U shaped arrangement of matching wall, base and drawer units with contrasting work surfaces and splashbacks, stainless steel sink, integrated oven and hob with overhead extractor fan and a useful under stair storage cupboard.

On the first floor are two generous double bedrooms. One with fitted wardrobes, and a three-piece bathroom suite in white comprising low level WC, pedestal wash basin and corner bath with overhead shower.

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

Externally to the front of the property is a garden forecourt which wraps around to the side of the property with hedgerow borders. To the rear is a paved enclosed area together with a private block paved driveway with double wrought iron gates leading to a detached garage.

The lease is 999 years starting from 1st October 1936. There are 913 years left on the lease. The ground rent as stated on the title is £2.50 per annum.

For Sale by Modern Method of Auction; Starting Bid Price £80,000 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.

Follow the link for more information:
        
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