Accrington Road, Burnley

Petty Real are delighted to present for sale this well-presented two-bedroom mid-terrace property on Accrington Road, Burnley. This excellent opportunity is available via the Modern Method of Auction in partnership with IAmSold, making it perfect for investors seeking instant cash flow or first-time buyers. The property boasts existing tenancy, providing a lucrative annual income of £6,600 (£550 per calendar month) to the new landlord. Petty Real's Lettings Team is available to assist with fully managed services upon purchase.

Entering via the small yard forecourt, you step into the spacious reception room, offering ample room for large freestanding items, including an L-shaped sofa, coffee table, and media centre. The kitchen is well-apportioned, featuring counter space and storage along the left and rear walls. A gas hob with oven is located on the left, while the sink is positioned on the rear wall beside the back door to the yard. The kitchen accommodates a washing machine, dryer, and an American-style fridge freezer, complemented by a handy understairs store perfect for pantry use.

Heading upstairs, the master bedroom overlooks the front, mirroring the size of the reception room below. This spacious room provides ample space for a large bed, wardrobe, bedside cabinets, and additional furnishings. Centrally located between the two bedrooms is the family bathroom, a three-piece suite comprising a bath with an overhead shower, sink, and toilet. The second bedroom is another great size, offering space for a large bed and wardrobe, and benefits from useful over-stairs storage opportunity.

All viewings will be conducted through Petty Real, with offers and feedback managed by the auctioneer. The property carries a starting bid of £60,000, subject to a private reserve. Note a non-refundable reservation fee of 4.5% (minimum £6,600 pounds}inc. VAT) is payable by the successful bidder. Be sure not to miss out on an opportunity to view this home before bidding.

For Sale by Modern Method of Auction; Starting Bid Price £60,000 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.