Townley Street, Briercliffe, Burnley

FOR SALE BY MODERN METHOD OF AUCTION | STARTING BID £60,000 | RENOVATION OPPORTUNITY | POPULAR BRIERCLIFFE LOCATION

Petty Real are delighted to present to the market Townley Street, Briercliffe – an exciting opportunity for investors, developers, and buyers looking to add value in one of Burnley’s most desirable residential locations.

Situated in the highly sought-after area of Briercliffe, this property is in need of full renovation and modernisation throughout, offering fantastic potential to create a superb home or lucrative rental investment. With strong local demand and excellent resale prospects, this is a savvy purchase for those with vision.

The accommodation currently comprises a traditional layout (details to be confirmed upon viewing), providing a blank canvas for refurbishment and redesign. Once modernised, the property would make an ideal first-time buyer home or addition to a rental portfolio.

The property is offered for sale by the Modern Method of Auction with a starting bid of £60,000. This method provides buyers with the security of reservation once agreed, alongside the flexibility to arrange finance.

Auction Details:
• Starting Bid: £60,000
• Sale by Modern Method of Auction
• Viewings strictly via Petty Real
• Viewing feedback and all offers to be submitted to the auctioneer, IAmSold

This is an excellent opportunity to acquire a competitively priced property in a strong residential area with significant potential for capital growth.

Early viewing is highly recommended to fully appreciate the opportunity on offer. Contact Petty Real today to arrange your appointment.

Property Description - The ground floor accommodation begins with a welcoming entrance vestibule (1m x 1m), leading directly into the primary reception room (4.1m x 4.2m). This well-proportioned space offers ample room for a variety of furniture configurations, with useful alcove areas to either side of the chimney breast providing ideal spots for additional storage or fitted units.

To the rear, the kitchen (3.0m x 3.4m) retains character features including the original fireplace positioned on the left-hand wall. There is counter space along the near wall, while the sink is situated within the bay window overlooking the rear yard, allowing for plenty of natural light. The kitchen also benefits from an understairs storage cupboard, perfect for household essentials and additional pantry space.

To the first floor, the master bedroom is located at the front of the property (4.0m x 3.9m). This generous double room currently features built-in wardrobes along the right-hand wall and further alcove space either side of the chimney breast, while still offering ample room for freestanding furniture.

Bedroom two (1.7m x 3.8m) is positioned across the landing and would make an ideal child’s bedroom, home office, or guest room.

The bathroom (2.2m x 2.7m) is located adjacent to the second bedroom and comprises a bath with overhead shower, wash basin, WC, and the boiler.

Overall, the property offers well-balanced accommodation with excellent scope to personalise and enhance.

Auctioneer Comments

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.