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Villiers Street, Padiham, Burnley, BB12

PROPERTY TYPE

End of Terrace

BEDROOMS

2

BATHROOMS

1

SIZE

879 sq ft

82 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Floorplan 1Floorplan 2
4

Key features

  • TWO BEDROOMS
  • END TERRACED
  • DINING ROOM
  • REAR YARD
  • INVESTMENT OPPORTUNITY
  • LEASEHOLD
  • TENANT IN SITU
  • SOLD VIA MODERN AUCTION

Description

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £50,000

This two-bedroom end-terraced property, offered at a competitive price below market value, presents an exceptional opportunity for investors looking to maximize rental yields in a thriving area. This property is an ideal addition to your portfolio.

Key Features
• Lounge
• Dining Room
• Two Bedrooms
• Bathroom
• Town Centre Location
• Close to Major Transport Links
• Selling with Tenant in Situ

Location and Area Improvements
Located just a short distance from Padiham Town Centre, this property benefits from an array of local amenities, including shops, restaurants, schools, and public services. The area has seen significant improvements in recent years, with substantial investments in flood defences that provide added peace of mind for residents. These upgrades to infrastructure demonstrate the local council’s commitment to enhancing the area’s future growth and appeal.
The property is well-connected with excellent transport links, including easy access to the M65 motorway, providing a quick route to nearby towns and cities, making it a prime location for commuters. Public transport options are also plentiful, with bus services that offer access to surrounding areas.

Investment Potential
With its strong rental yield prospects, this property offers a fantastic opportunity for those seeking to enter or expand their investment portfolio. The combination of a desirable location, ongoing area improvements, and the potential for growth makes this a must-view property for savvy investors. Don’t miss out on this excellent chance to secure a property below market value with promising returns.

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’, and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.



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.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Energy performance certificate - ask agent

Villiers Street, Padiham, Burnley, BB12

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About Pendle Hill Properties, Read

154 Whalley Road, Read Lancashire BB12 7PN
Industry affiliations:
Get to know Pendle Hill Properties
Introduction

Established in 2008 we are a family owned and operated independent estate agent. We specialise in residential property sales and lettings covering all areas of East Lancashire. .

Pendle Hill Properties Objectives

To help and assist clients with all aspects of house sales and purchases whilst offering competitive sales and letting fees. We strive to provide a personal and professional approach to both selling and letting residential property.

Sellers 

We use email, text and telephone to help keep you informed every step of the way in your property sale. We keep our fees to a minimum so that you achieve full value for money in the services we provide.

Purchasers

Browse our web site at www.pendlehillproperties.co.uk and click REGISTER to receive emails alerts with all new property instructions or reductions.

Mortgages

Available from our in-house mortgage advisor. Call in the office for more details or phone 01282 772048

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£263
We think you can borrow up to
Add your household income above
Powered bynationwideThe Nationwide Logo represents a symbol of financial strength and community, empowering members to achieve their goals
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference PND_PND_LFSYCL_829_1000399589. 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 Pendle Hill Properties, Read. 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 Pendle Hill Properties, Read on 01282 953030.

*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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