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SOLD STC

Exchange Street, Colne

Guide Price
£50,000
Reduced on 27/07/2021
Petty Estate Agents Ltd, Colne
PROPERTY TYPE
Terraced
BEDROOMS
×2
BATHROOMS
×1

Key features

  • Stone-Built
  • Mid-Terrace
  • Three Double Bedrooms
  • Two Reception Rooms
  • Galley Kitchen
  • Fantastic Potential
  • Modernization Required
  • Close To Colne Town Centre
  • Garden Forecourt & Rear Yard
  • Virtual Tour Available

Property description

Tenure: Please confirm if this is a freehold or leasehold property with Petty Estate Agents Ltd

Stone-built mid-terrace property in the heart of Colne. Close to local amenities, bus stops, and a short walk to Colne Town Centre. Perfect for investors looking to add their own stamp or to start/grow their portfolio.

On the ground floor, the property briefly comprises a garden forecourt, living room with a gas fire, dining room with a gas fire and useful understairs storage, galley kitchen with matching wall, base and drawer units with a stainless steel sink/drainer, and a private enclosed rear yard.

On the first floor, there are two double bedrooms, a stylish three-piece bathroom suite comprising a low-level WC, pedestal hand wash basin, and paneled bath with an overhead shower. There is a third bedroom with a skylight to allow in natural lighting.

There is fantastic potential to create the ideal family home. There is potential to achieve £575-£600 PCM once the works have been complete.

For Sale by Modern Method of Auction; Starting Bid Price £50,000 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.

Brochures

Exchange Street, ColneBrochure
Energy Performance Certificates

Exchange Street, Colne

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Colne Station0.5 miles
  • Nelson Station2.3 miles
  • Brierfield Station3.4 miles
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About the agent

Petty Estate Agents Ltd, Colne

11 Albert Road, Colne, BB8 0RY

A home is probably the most valuable item you will ever buy or sell. As such it requires a range of expert services to ensure that you obtain the best deal possible.

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Disclaimer - Property reference 30751589. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Petty Estate Agents Ltd, Colne. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Petty Estate Agents Ltd, Colne on 01282 934041.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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