2 bed terraced house for sale

Napier Street, Nelson BB9

This two-bedroom mid-terrace property on Napier Street, Nelson, is available for sale with a tenant in situ, offering an excellent opportunity for buy-to-let investors seeking immediate rental income. Currently let at £420 per calendar month, the property provides a reliable return from day one.

Situated in a convenient residential location, the property is close to local amenities including shops, schools, and transport links. Nelson town centre and the M65 motorway are easily accessible, enhancing the property's long-term rental potential.

The accommodation comprises a spacious front reception room leading into an open plan dining room and kitchen, creating a functional living space suitable for a range of tenants. The layout provides flexibility for everyday living and dining arrangements.

To the first floor, there are two well-proportioned bedrooms along with a three-piece family bathroom. The property benefits from gas central heating and double glazing, helping to ensure efficient energy usage and a comfortable internal environment.

Outside, there is a private rear yard, offering low-maintenance outdoor space. With a sitting tenant and consistent rental history, this property represents a ready-made investment in a location where demand for rental property remains strong.

For Sale by Modern Method of Auction; Starting Bid Price £60,000 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.