Offers over
£45,000
2 bed flat for saleA Hufling Lane, Burnley BB11
2 beds
1 bath
1 reception
EPC Rating: E
- Available immediately
- Auction
Simply Residential/Commercial
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About this property
Description
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £45,000
Located in a popular position just outside the village this first floor two bedroom fully let investment opportunity offers strong yields and a great opportunity for investors to get into the property market with bidding from just £45,000 * Terms apply see website for full details
Tenure
Leasehold
Lease Start Date 17 Oct 1871
Lease Term 2000 years from 17 October 1871
Lease Term Remaining 1847 years
Local Authority Lancashire
Council Tax Band: A
Annual Price: Approx £1,637
Conservation Area Burnley Wood
Flood Risk Very low
Floor Area approx 570 ft 2 / 53 m 2
Mobile coverage
EE
Vodafone
Three
O2
Broadband
Basic 9 Mbps
Superfast 80 Mbps
Ultrafast 2000 Mbps
Satellite / Fibre TV Availability
BT
Sky
Virgin
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a 'Starting Bid' or 'Guide Price' and is accompanied by a 'Reserve Price'. The 'Reserve Price' is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the 'Guide Price' / 'Starting Bid'.
These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Council Tax Band: A (Blackburn & Darwen Council)
Tenure: Leasehold
Ground Floor:
Hallway and staircase leading to first floor accommodation
First Floor:
Landing
Bedroom 1
Double bedroom
Bedroom 2
Single bedroom/office
Kitchen/Lounge
Open plan lounge and kitchen
Bathroom
Modern three piece bathroom
Utility
Gas central heating
Please Note
The property is sold as an investment fully let on an AST tenancy full details of which are available by downloading the legal pack - registered bidders.
Front Garden
Palisade garden area to the front of the property
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