* Freehold
* Mid - Terrace
* Two Bedrooms
* Kitchen/Diner
* Quiet Residential Area
* Short Walk To Local Amenities
* UPVC Double Glazing
* New Boiler in 2020
* Fully Re - wired in 2020
* Ideal For Landlords & Investors
* Tax Band - A
**for sale by the modern method of auction - Starting Bid Price £45, 000 plus
Reservation Fee**
***Please Note the property is still going through first registration with
land registry and the transaction may take longer than 56 days. The winning
bidder must allow flexibility on timescales to fit in with Land Registry
processes. ***
Located in a quiet residential area, this two bedroom, mid - terrace property is
a short walk to Colne Town Centre with all the local amenities on offer,
schools and good travel links. This property would present an ideal purchase
for landlords and investors looking for a buy - to - let property or first - time
buyers looking to gain a foothold on the property ladder.
The accommodation briefly comprises on the ground floor a good - sized lounge
accessed by a UPVC double glazed door and boasting a large window letting in
an abundance of natural light. An inner hallway with a staircase ascending to
the first floor leads to a large kitchen/diner to the rear of the property
with fitted cupboards within the alcove, stainless steel sink and a useful
under stair storage cupboard.
To the first floor a central landing leads to a generous double bedroom to the
front of the property with an over - stair storage cupboard, a good sized single
to the rear and a bathroom housing a three - piece suite comprising a low - level
WC, pedestal wash basin, shower cubicle and a storage cupboard.
Externally there is an enclosed yard to the rear.
The property benefits from UPVC double glazing and has recently had a new
boiler fitted and a full re - wire.
For Sale by Modern Method of Auction; Starting Bid Price £45, 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. 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. 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.

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