House For Sale £55,000
Morley Street, Padiham, Burnley

For Sale by modern method of auction.

Welcome to this 2-bedroom terrace, offering an excellent opportunity for both investors and first-time homebuyers alike. Situated in a convenient location close to amenities and boasting easy access to transportation via bus links to Burnley and Clitheroe.

Upon entry, you are greeted by an entrance porch leading into an open and light-filled living room. The kitchen diner, situated to the rear, features matching wall and base units, providing ample storage space and a functional layout.

Venturing upstairs, you will find the main bedroom positioned at the front of the property. A central bathroom completes the upper level, featuring a shower over the bath. Additionally, a small double bedroom at the rear offers versatility to accommodate guests, family members, or to serve as a home office space.

Externally, the property benefits from a rear yard, with back gate access to the back street, convenience is further enhanced, allowing for easy entry and exit.

In summary, this property presents a fantastic opportunity to secure a comfortable residence or an investment property in a sought-after location. Don't miss out on the chance to make this your own.

Contact us today to arrange a viewing!

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 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 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.