For sale by Unconditional Online Auction.

A two-bedroom mid-terrace property in Burnley, currently let producing an income of £5,400 per annum.

A two-bedroom, mid terrace property situated in a popular residential area of Burnley. The property sits on the outskirts of Burnley Town Centre, within walking distance from Burnley Manchester Road train station and surrounded by a variety of other amenities and services.

A full selection of shops, schools and plenty of pubs, bars and restaurants can be found close by. There are a number of gyms and recreational facilities nearby and outdoor spaces within easy reach.

The property itself offers two reception rooms with a kitchen extension at the rear to the ground floor with two bedrooms and a family bathroom upstairs. Externally, there is a small enclosed front garden and a rear garden. The property is gas central heated and double glazed.

Leasehold Information 999 years from 22 October 1906. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Mobile Phone Coverage O2, EE, Three and Vodafone are available in this location.
Broadband (estimated speeds) Standard 4 Mbps. Ultrafast 900 Mbps.
Construction Material Sandstone or limestone, as built, no insulation (assumed). Information taken from EPC.
Draft Sales Details These sales details are awaiting vendor approval.

Tenure: Leasehold

EPC Rating: D

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 an 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 fees apply:

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

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 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.