A Two Bedroom Mid Terrace House Offered With Vacant Possession

The property comprises a two bedroom mid terrace house arranged over ground and first floors.

Tenure

Leasehold. The property is held on a 999 year lease from 1st October 1882 (thus approximately 864 years unexpired) at a rent of £1.30 per annum.

Location

The property is situated on a residential road close to local shops and amenities in the town of Burnley. The open spaces of Thompson Park and Queens Park are within easy reach. Transport links are provided by both Burnley Central and Burnley Manchester rail stations.

Accommodation

Ground Floor Reception Room Kitchen Bathroom with WC & wash basin First Floor Two Bedrooms

Exterior

The property benefits from a rear garden.

The LHA rates for a 2 bedroom property in this postcode is £85 per week. Thus potential income of £4,420 per annum (source: https://lhadirect.voa.gov.uk).

Lot Type

Residential

Viewing Details

Tuesday 31st January 15:45 - 16:15 - CANCELLED Tuesday 14th February 13:00 - 13:30 Tuesday 21st February 11:30 - 12:00

Legal Pack Received

False

Addendum

Please note that this property is subject to a Buyers Premium of £750 + VAT. This is in addition to the buyer's admin fee of £650 + VAT charged by the auctioneers.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.