2 bed property for sale

Pritchard Street, Burnley BB11

Summary

Introducing a remarkable opportunity in the form of a meticulously designed 2 bedroom terraced House, boasting a remarkable 999 year lease with 869 years remaining. This property comes with the added benefit of a tenant in Situ, assuring a seamless transition of ownership for prospective investors. Beyond the ground floor, a spacious basement provides ample room for further customisation and expansion potential.

Located in an area renowned for its convenience, this property offers the coveted amenity of on street parking, ensuring ease of access for both residents and guests. The presence of a rear yard adds a touch of outdoor space for relaxation or potential landscaping projects. Functionality meets style with built-in storage solutions seamlessly integrated throughout the house, perfect for organising belongings and maximising living space.

Comprising 2 well-appointed bedrooms, each providing a serene sanctuary for rest and relaxation, this property is perfectly suited for both single individuals and small families seeking comfort and privacy. The property's proximity to local amenities further enhances its appeal, offering residents easy access to shopping, dining, and entertainment options, elevating the overall living experience.

Whether you are a seasoned investor seeking a promising addition to your portfolio or a discerning buyer looking for a property with long-term potential, this 2 bedroom terraced House presents an ideal opportunity. The tenant in Situ ensures immediate rental income, providing a solid foundation for a lucrative investment venture.

With its strategic location, thoughtful design elements, and practical features, this property stands as a testament to modern urban living. Explore the possibilities that this residence has to offer, and envision the lifestyle that awaits within its walls. Embrace the opportunity to own a property that seamlessly combines comfort, convenience, and investment potential. Book your viewing today and step into the future of real estate excellence.

500 ground rent payable on 1st January each year

EPC Rating: D
General Overview

This spacious two-bedroom mid-terraced home spans three floors and is ideal for investors. The bright living room features laminate flooring, UPVC double glazed windows, radiators, and ceiling spotlights. The modern kitchen includes grey cabinetry, integrated sink and tap, silver splashback, and points for oven and washing machine, with access to a basement offering matching flooring, lighting, frosted window, and ample storage. Upstairs, the master bedroom boasts fitted carpets, built-in storage, and two large windows. The second bedroom is ideal for a child or guest also featuring fitted carpets and includes storage space. The stylish bathroom features marble-effect tiles, a bath, pedestal sink, push-button toilet, and heated towel rail.

Yard

The rear yard features paved slabs, a secure brick wall, and a wooden gate for added privacy and safety.

Parking - On street

Council Tax Band: A
Tenure: Leasehold
Length of Lease: 869
Annual Ground Rent Amount: 500.00

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

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 or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this 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. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.