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House For Sale £55,000
Mercer Street, Burnley


Description
For sale via modern method of auction, A two bedroom, semi-detached property located in a popular residential area on the borders of Burnley and Padiham. Close to local amenities, schools, bus stops and the M65 is a short drive away with links to Manchester, Preston and Blackburn.

Planning permission has previously been granted for a double height extension to the side of the property, with the original plans available upon request, making the property an ideal investment opportunity.

As you enter the property to the ground floor, you are greeted by a generous lounge/dining room, with a stone fireplace providing a focal point within the room. To the left is a lobby with a staircase ascending to the first floor.

To the rear of the property the kitchen houses matching wall, base and drawer units with co-ordinating work surfaces, stainless steel sink, freestanding cooker and plumbing for a washing machine. Adjoining the kitchen is a lean-to which is currently being used as a utility room, with access to the rear garden also.

To the first floor a central landing leads to two well-proportioned bedrooms to the front of the property, the master bedroom running the full length of the property. The bathroom houses a three-piece suite comprising a low-level WC, pedestal wash basin and panelled bath with overhead shower. The bathroom also benefits from a useful storage cupboard.

Externally there is a a garden forecourt to the front of the property and a paved area to the side which has previously been used as a driveway and once had planning permission for a double hight extension. To the rear is an enclosed garden laid mainly with paving stones and gravel and also an outhouse.

For Sale by Modern Method of Auction; Starting Bid Price £55,000 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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