* Unfurnished
* Freehold
* Ideal Investment Opportunity - calling all landlords! Ground Floor Flat with Sitting Tenant
* For sale via modern method of auction
* Newly Renovated (New Boiler, New Carpets. Redecoration etc)
* Old Victorian Terrace - Split into Two Separate Dwellings - Option to Buy Both
* 10% Yield Return
* No Chain & Available now
* Prime Town Centre Location in Horwich - Walking Distance to Amenities & Travel Links
* Short Drive to M61, Middlebrook & Horwich Parkway Station
* Buyers fees apply
* For Sale by Modern Auction – T & c’s apply
For sale by modern method of auction via iamsold
auction ending 23rd January
recently renovated ground floor flat **fantastic investment opportunity in
heart of horwich**
calling all investors & landlords 10% yield
New Boiler and Recent Renovation - Popular Victorian Split Terrace on Popular
Street - No Chain - Ample Local Parking
An excellent opportunity to purchase this mid Victorian terrace which has been
split into two separate units on assured shorthold tenancies. This ground
floor flat can now be purchased individually and has undergone recent
renovation including new carpets, new boiler, redecoration and more. . . . It
would ideally suit any landlords looking for their first straight forward btl
investment or someone to add to their portfolio.
The unit needs to be viewed to appreciate the size and offers an excellent
return on investment. The new owner would need to do nothing and would get
return on investment immediately. The ground floor flat has lounge, bathroom,
double bedroom, kitchen to the rear with range of wall and base units and
access to the newly painted rear yard.
The position is unrivalled being in the middle of a number of large terraces
and array of shops in the heart of the ever popular Chorley New Road close to
many other retail units, cafes and ample free parking on the road. It is
offered with No Chain and available immediately.
Properties finished to this standard and returning a good yield in this area
of Horwich are not offered for sale very often. Please call the office to
arrange a viewing.
Auctioneer Comments
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 (for standard Grade 1 properties). This additional time allows
buyers to proceed with mortgage finance (subject to lending criteria,
affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a
non - refundable Reservation Fee. This being 4. 2% of the purchase price
including VAT, subject to a minimum of £6, 000. 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 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.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties
to you. Whilst these services are recommended as it is believed they
will be of benefit; you are under no obligation to use any of these services
and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive
payment for the recommendation and you will be informed of any referral
arrangement and payment prior to any services being taken by you

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