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House For Sale £50,000
Clifton Street


Description
*For Sale By the Modern Method of Auction - Starting Price £50,000 plus reservation fee*

*LANDLORDS & INVESTORS*
*Tenant In-Situ*

A stone built, mid-terrace property in an ideal location close to bus stops, train stations and a short walk to Burnley Town Centre. This property presents an ideal purchase for landlords and investors with a tenant in-situ.

The property briefly comprises an entrance lobby and hallway with stairs leading to the first floor and access to the spacious open-plan living/dining room, boasting a bay fronted window and stone fireplace with gas fire. The second reception room to the rear of the property has access to stairs leading down to the cellar. The kitchen houses matching wall, base and drawer units with contrasting worksurfaces and stainless steel sink.

On the first floor is a central landing accessing two spacious double bedrooms, one with useful built-in storage, a single bedroom and a large family bathroom housing a three piece suite in white comprising a low level WC, sink with vanity unit and panelled bath.

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

Externally there is a garden forecourt to the front and an enclosed yard to the rear.

The lease is 999 years and started in 1877. There are 854 years remaining. The ground rent is £2.30 per annum.

For Sale by Modern Method of Auction; Starting Bid Price £50,000 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:
        
onthemarket.com

  
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