Pritchard Street, Burnley, BB11

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £55000

Introducing a remarkable opportunity in the form of a meticulously designed 2 bedroom terraced House, boasting a remarkable 999 year lease with 869 years remaining. This property comes with the added benefit of a tenant in Situ, assuring a seamless transition of ownership for prospective investors. Beyond the ground floor, a spacious basement provides ample room for further customisation and expansion potential.

Located in an area renowned for its convenience, this property offers the coveted amenity of on street parking, ensuring ease of access for both residents and guests. The presence of a rear yard adds a touch of outdoor space for relaxation or potential landscaping projects. Functionality meets style with built-in storage solutions seamlessly integrated throughout the house, perfect for organising belongings and maximising living space.

Comprising 2 well-appointed bedrooms, each providing a serene sanctuary for rest and relaxation, this property is perfectly suited for both single individuals and small families seeking comfort and privacy. The property's proximity to local amenities further enhances its appeal, offering residents easy access to shopping, dining, and entertainment options, elevating the overall living experience.

Whether you are a seasoned investor seeking a promising addition to your portfolio or a discerning buyer looking for a property with long-term potential, this 2 bedroom terraced House presents an ideal opportunity. The tenant in Situ ensures immediate rental income, providing a solid foundation for a lucrative investment venture.

With its strategic location, thoughtful design elements, and practical features, this property stands as a testament to modern urban living. Explore the possibilities that this residence has to offer, and envision the lifestyle that awaits within its walls. Embrace the opportunity to own a property that seamlessly combines comfort, convenience, and investment potential. Book your viewing today and step into the future of real estate excellence.

£500 GROUND RENT PAYABLE ON 1ST JANUARY EACH YEAR

General Overview

This spacious two-bedroom mid-terraced home spans three floors and is ideal for investors. The bright living room features laminate flooring, UPVC double glazed windows, radiators, and ceiling spotlights. The modern kitchen includes grey cabinetry, integrated sink and tap, silver splashback, and points for oven and washing machine, with access to a basement offering matching flooring, lighting, frosted window, and ample storage. Upstairs, the master bedroom boasts fitted carpets, built-in storage, and two large windows. The second bedroom is ideal for a child or guest also featuring fitted carpets and includes storage space. The stylish bathroom features marble-effect tiles, a bath, pedestal sink, push-button toilet, and heated towel rail.

Auctioneer Comments

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.

Auctioneer Comments

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’.

These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

Auctioneer Comments

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.

Auctioneer Comments

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 up to 6% inc VAT (subject to a minimum which could be up to £7,200 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.

Yard

The rear yard features paved slabs, a secure brick wall, and a wooden gate for added privacy and safety.

Parking - On street

Disclaimer

We have not tested any appliances, fixtures, fittings, or services and cannot confirm they are in working order. Buyers must satisfy themselves as to condition, and no employee of Fardella & Bell is authorised to give any warranty or guarantee.
All measurements are approximate and may be subject to error. They should not be relied upon for furniture, fixtures, or floor coverings.
These particulars are provided in good faith, approved by the vendor(s), and are subject to error and omission. They do not form part of any offer or contract. Buyers should satisfy themselves on all matters, including any alterations or works and the relevant consents or approvals.

AML
All buyers and sellers must complete Anti-Money Laundering checks in line with HMRC regulations before a transaction can proceed. Fardella & Bell uses Coadjute’s Assured Compliance service, and a fee is payable for each individual check.