Midgley Street, Colne

Located on Midgley Street in Colne, this two-bedroom terrace offers a fantastic opportunity for first-time buyers, investors, or anyone looking for a conveniently placed home close to local amenities. The property combines practical living spaces with scope for personalisation, making it an appealing choice in today’s market.

On the ground floor, the accommodation includes a welcoming lounge positioned to the front of the property. This space provides a comfortable setting for everyday relaxation and could easily be styled to suit modern tastes. To the rear is a fitted kitchen with ample units and work surfaces, designed to meet the needs of day-to-day living.

The first floor comprises two well-proportioned bedrooms, offering flexibility for use as sleeping quarters, a home office, or hobby space depending on requirements. The three-piece bathroom is also located on this level, fitted with a bath, hand wash basin, and WC.

In addition to the main accommodation, the property benefits from an attic space which is currently used for storage, enhancing practicality and helping to keep the home organised.

Externally, there is a rear yard that provides a private outdoor area, suitable for low-maintenance use, seating, or storage.

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 4.5% 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.