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Morley Street, Padiham, Burnley

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Two Bedrooms
  • Mid Terrace
  • Living Room
  • Fitted Kitchen
  • Subject To Reserve Price
  • No Chain
  • Close To Amenities
  • Ideal Investment
  • Online Bidding

Description

For Sale by modern method of auction.

Welcome to this 2-bedroom terrace, offering an excellent opportunity for both investors and first-time homebuyers alike. Situated in a convenient location close to amenities and boasting easy access to transportation via bus links to Burnley and Clitheroe.

Upon entry, you are greeted by an entrance porch leading into an open and light-filled living room. The kitchen diner, situated to the rear, features matching wall and base units, providing ample storage space and a functional layout.

Venturing upstairs, you will find the main bedroom positioned at the front of the property. A central bathroom completes the upper level, featuring a shower over the bath. Additionally, a small double bedroom at the rear offers versatility to accommodate guests, family members, or to serve as a home office space.

Externally, the property benefits from a rear yard, with back gate access to the back street, convenience is further enhanced, allowing for easy entry and exit.

In summary, this property presents a fantastic opportunity to secure a comfortable residence or an investment property in a sought-after location. Don't miss out on the chance to make this your own.

Contact us today to arrange a viewing!

For Sale by Modern Method of Auction; Starting Bid Price £55,000 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 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 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

Morley Street, Padiham, BurnleyBrochure

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£1.5 per year (Ask agent about the review period)When and how often your ground rent will be reviewed.Read more about ground rent review period in our glossary page.

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

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LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

817 years left

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Morley Street, Padiham, Burnley

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hapton Station1.3 miles
  • Rose Grove Station1.6 miles
  • Burnley Barracks Station2.3 miles
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About the agent

Petty Real Estate Agents, Burnley

Old Red Lion, 2-4 Manchester Road, Burnley, BB11 1HH.

Petty Real Estate Agents, Burnley

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.

Assessing the value of your property

It is essential that your property is accurately priced to reflect its location and condition. Too low a price may produce a quick sale but leave you out of pocket, whereas too high a price may leave you with a no-sale situation

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Industry affiliations

National Association of Estate AgentsRoyal Institute of Chartered Surveyors

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Disclaimer - Property reference 32908891. 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 Real Estate Agents, Burnley. 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 Real Estate Agents, Burnley on 01282 953020.

*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.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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