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Union Road, Oswaldtwistle, BB5

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

958 sq ft

89 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.

Description

*** INVESTMENT OPPORTUNITY - 2 FLATS SOLD WITH TENANTS IN SITU ACHIEVING OVER 10% RENTAL YIELD ***

To be sold via online auction - powered by The Auction Group

Nestled on Union Road in the vibrant area of Oswaldtwistle, this charming property presents an excellent investment opportunity.

This unique residence comprises of two self contained flats, each neutrally renovated making them an ideal addition to any investment portfolio. Each apartment comprises of a contemporary kitchen and living room, a bedroom, and bathroom space. This thoughtful layout not only maximises space but also offers versatility for potential tenants.

Currently sold with one tenant in situ, this property is ideal for those looking to invest in the rental market without the immediate need for renovations . The location is well-connected, making it attractive for renters seeking convenience and accessibility to local amenities.

With its prime location close to local amenities, transport links, and reputable schools, this property is ideally positioned for convenience and lifestyle. The versatility and potential for strong rental yields make this an unmissable opportunity for both seasoned investors and first time buyers alike. Early viewing is highly recommended to appreciate the scope and quality of accommodation on offer.

Auction Details

To be sold via Online Auction, via unconditional terms, completion strictly within 28 days

Bidding window opens - TBC

Auction Ends - TBC

Starting price - £100,000 (Reserve price is higher & unpublished)

Fees All fees are payable by banks transfer only (we do not take card payments)

Buyers premium - Please note that there is a buyers premium of £6000 inc vat that applies to this lot payable by the buyer within 2 hours of winning the auction. The buyer's premium does not constitute part of the sale price, this is the auctioneer's fee and is to be paid over and above the sale price paid to the vendor.

Searches - searches have been ordered and will be made available for download from The Auction Groups website prior to bidding taking place

Entrance

Wooden door leading into the vestibule.

Vestibule

1.5m x 0.97m

Tiled flooring and a door to the hall.

Hall

3.71m x 1.3m

Coving to the ceiling, part-clad elevations, picture rail, stairs to the first floor and doors leading to flat one and flat two.

Hall

2.26m x 1.07m

Smoke alarm, laminate flooring and doors leading to the lounge and to bedroom one.

Bedroom

3.18m x 3.02m

Hardwood double glazed window.

Lounge

4.29m x 3.76m

UPVC double glazed window, electric heater, electric fire, under-stairs storage and a door to the kitchen.

Kitchen

2.01m x 2.01m

Hardwood single glazed window, a range of wall and base units, granite effect work surfaces, stainless steel sink, drainer and mixer tap, integrated electric oven, four ring gas hob, extractor hood, space for a fridge, plumbing for a washing machine, laminate flooring and a door to the inner hall.

Inner Hall

1.5m x 0.99m

Loft access, storage, tile effect flooring, UPVC double glazed door to the rear yard , door to the bathroom and stairs leading to the first floor and flat two.

Bathroom

1.88m x 1.88m

UPVC double glazed window, three piece suite comprises: pedestal wash basin with mixer tap, a panelled bath with direct feed shower, dual flush WC, extractor fan and tiled flooring.

Landing

4.34m x 1.73m

Loft access, smoke alarm, spotlights and doors leading to the bathroom, kitchen, bedroom and the lounge.

Lounge

4.39m x 4.12m

Hardwood double glazed window, fuse box, coving to the ceiling and a door to storage.

Kitchen

2.79m x 2.21m

A range of wall and base units, laminate work surfaces, stainless steel sink, drainer and mixer tap, space for a freestanding oven, part-tiled elevations, plumbing for a washing machine, space for a fridge and laminate flooring.

Bedroom

2.9m x 2.87m

Hardwood double glazed window.

Bathroom

2.03m x 1.98m

Hardwood double glazed window, three piece suite comprises: dual flush WC, pedestal wash basin with traditional taps, a panelled bath with mixer tap and rinse head, part-tiled elevations and laminate flooring.

Front Garden

Paved garden.

Yard

Enclosed rear yard.

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.
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GARDENA property has access to an outdoor space, which could be private or shared.
Front garden,Private garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Union Road, Oswaldtwistle, BB5

Approximate location

Add an important place to see how long it'd take to get there from our property listings.

__mins driving to your place

Affordability

Monthly repayments£502
Property: £ 100,000
Deposit: £ 10,000
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
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.
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About The Auction Group Limited, Auction

7 Blackburn Road, Accrington, BB5 1HF

Branch profile description :

The Auction Group: a revolutionary force in the world of property auctions. Our mission is simple yet profound: to transform the auction experience through modern innovation while upholding the timeless principles of success and sale security.

We are here to stand out from the crowd. First and foremost, our unwavering commitment to ensure the success of every sale sets us apart from our competition. We list to sell and leave no stone unturned until this is achieved. Furthermore, our dedication to utilising cutting-edge technology means that our clients benefit from unparalleled efficiency and convenience throughout the auction process.

Whether you're a buyer or seller, our platform is designed to streamline transactions and provide peace of mind every step of the way. But perhaps what truly distinguishes us is our client-centric approach. We believe that every interaction should be personalised and tailored to meet your unique needs and preferences. When you choose The Auction Group you're not just a client-you're a valued partner in achieving your property goals.

We invite you to start your journey with The Auction Group and to discover this difference for yourself

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Disclaimer - Property reference b2f680ca-1dce-4cbe-941a-41e9911ba012. 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 The Auction Group Limited, Auction. 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 The Auction Group Limited, Auction on 01254 963355.

*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.”

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**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.