House For Sale £55,000
Brennand Street, Burnley

Attention investors or first-time buyers looking to add their own stamp! Fantastic potential on the three-bed end-terrace situated off Colne Road. Close to supermarkets, schools and parks. This property is ideal for a growing family.

Entering into the front lounge has previously been used as a commercial shop. Easily converted back into residential living. To the rear is the dining room adjacent to the kitchen where the two rooms could be brought together to create a big, open-plan layout to create a great entertainment space.

The cellar can be accessed from the dining room.

On the first floor, there are two generous-sized single bedrooms and a double bedroom to the front. The bathroom comprises a low-level WC, a pedestal hand wash basin and a panelled bath with an overhead shower.

The property benefits from double glazing throughout and gas central heating including new radiators.

Externally there is an enclosed rear yard.

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.