For sale by Unconditional Online Auction.

A residential investment opportunity comprising an end-terrace dwelling sold subject to a tenancy detailing a rent of £440pcm (£5,280pa). The property offers accommodation over two storeys, including a modern kitchen, three-piece bathroom, and two double bedrooms. The property benefits from on-road parking to the front and a yard to the rear.

Location:
The property fronts Laithe Street in a residential area of Burnley, approximately 0.5 miles to the south of the town centre. Nearby amenities include schools and shops.

Sitting Room 3.9m x 3.9m (12' 10" x 12' 10")
Modern Kitchen 3.9m x 3m (12' 10" x 9' 10")
Bedroom One 3.9m x 2.9m (12' 10" x 9' 6")
Bedroom Two 3.9m x 2.8m (12' 10" x 9' 2")
Bathroom
Flood Risk Rivers & Seas No Risk
Surface Water Low
Mobile Phone Coverage O2, EE, Three and Vodafone are available.
Satellite & Cable TV Availability BT, Sky and Virgin are available.
Broadband (estimated speeds) Standard 14 mbps
Superfast 48 mbps
Ultrafast 900 mbps
Note to Buyers We have not been provided with evidence of rent increase and cannot therefore confirm the rental figure referred to in our marketing. We are advised the tenant is in rent arrears. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Note Please be advised that the auctioneers have not personally inspected the property and there is no access available for viewings. Please be advised that Prospective buyers, particularly those relying on financing options who may require a survey, are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure: Freehold

EPC Rating: E

Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Timed Auction and is being sold under and Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £2,400 inc. VAT

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.