House For Sale £60,000
A two-bedroom mid-terrace situated between Burnley and Padiham with the M65 right on your doorstep with access to Manchester, Preston, and Blackburn. Local amenities are a short walk away and 'Good' schools are throughout the area. With generous-sized rooms, this property would be ideal for a first-time buyer or starter family home.
The property briefly comprises of a vestibule as you enter through the front door and then into the first on two reception rooms, which is currently being used as a dining room. Through a set of double glass doors into the second, larger reception room with an open staircase and storage underneath and also benefits a gas fire. At the back of the property is the kitchen with fitted matching wall, base and drawer units with contrasting work surfaces, double oven, gas hob, and stainless sink.
On the first floor, there is a generous-sized master bedroom with a built-in wardrobe across the length of the room, a well-proportioned bathroom with a three-piece white suite, including a pedestal wash basin and a 'B' shaped bath. The second bedroom is a good size which also benefits from having built-in storage.
Externally there is a walled-off garden to the rear.
There is a 990 year lease which started in 1894 and there are 861 years remaining.
The ground rent is £1.63 per annum.
The property is in a selective licensing area.
For Sale by Traditional Method of Auction; Starting Bid Price £60,000 plus Reservation Fee.
This property is for sale by the Traditional 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 28 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.
The property briefly comprises of a vestibule as you enter through the front door and then into the first on two reception rooms, which is currently being used as a dining room. Through a set of double glass doors into the second, larger reception room with an open staircase and storage underneath and also benefits a gas fire. At the back of the property is the kitchen with fitted matching wall, base and drawer units with contrasting work surfaces, double oven, gas hob, and stainless sink.
On the first floor, there is a generous-sized master bedroom with a built-in wardrobe across the length of the room, a well-proportioned bathroom with a three-piece white suite, including a pedestal wash basin and a 'B' shaped bath. The second bedroom is a good size which also benefits from having built-in storage.
Externally there is a walled-off garden to the rear.
There is a 990 year lease which started in 1894 and there are 861 years remaining.
The ground rent is £1.63 per annum.
The property is in a selective licensing area.
For Sale by Traditional Method of Auction; Starting Bid Price £60,000 plus Reservation Fee.
This property is for sale by the Traditional 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 28 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.
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