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House For Sale £145,000
Chorley New Road, Horwich


Description
*FANTASTIC INVESTMENT OPPORTUNITY IN HEART OF HORWICH FOR SALE VIA MODERN METHOD OF AUCTION*

CALLING ALL INVESTORS AND LANDLORDS - SPLIT TERRACE OPTION WITH TWO SEPARATE UNITS

Victorian Terrace on Popular Street Recently Renovated - Both Fully Let with Combined Income Bringing in 6.6% Yield - No Chain - Ample Local Parking

An excellent opportunity to purchase this mid Victorian terrace which has been split into two separate units with both rented on assured shorthold tenancies. The upstairs has a long standing sitting tenant and has had a new boiler fitted and the ground floor has undergone recent refurbishment including new carpets, new boiler, redecoration and more.... It would ideally suit any landlords looking for their first straight forward BTL investment or someone to add to their portfolio.

The unit needs to be viewed to appreciate the size and offers an excellent return on investment. The new owner would need to do nothing and would get return on investment immediately. The ground floor flat has lounge, bathroom, double bedroom, kitchen to the rear with range of wall and base units and access to the rear yard. The communal stair case has been re-carpeted up to the first floor which includes kitchen with views of Rivington, bathroom, spacious lounge with staircase up to the mezzanine bedroom.

The position is unrivalled being in the middle of a number of large terraces and array of shops in the heart of the ever popular Chorley New Road close to many other retail units, cafes and ample free parking on the road. It is offered with No Chain and available immediately.

Auctioneers Comments:

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.


Properties finished to this standard and returning a good yield in this area of Horwich are not offered for sale very often. Please call the office to arrange a viewing!

Council Tax Band: A
Tenure: Freehold

Follow the link for more information:
        
onthemarket.com

  
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