Lot 8 - 4 Apartments, 6,9,14 and 20 Barleyfield Mews, Burnley, Lancashire, BB12 6QB
- Unconditional Online Auction Sale
- Guide Price* : £165,000 plus
- Residential Investment - Portfolio 4 Units
- Let at an annual equivalent rent of £28,860
- Modern two bedroom apartments
- Gated and private development
- Convenient location
On behalf of the Receivers: Residential Investment comprising a Portfolio of 4 Apartments let at an annual equivalent rent of £28,860
Description
* VIDEO TOUR AVILABLE UPON REQUEST - Apartments 6 and 9) * The lot comprises comprises a Portfolio of 4 two bedroom apartments within a private and gated modern purpose built block, that benefits from intercom access, well maintained communal areas, electric wall heaters and an open plan kitchen/lounge area. The properties will be sold subject to a tenancies with a total combined rent equivalent to £28,860 per annum.
Location
Convenient location, approximately 250m from Junction 12 of the M65 motorway and 0.5 mile from Burnley Barracks railway station. Burnley town centre is within 1 mile to the east.
Tenure
Leasehold for 250 years from 1 January 2014. Current ground rents and service charge to be confirmed.
Accommodation
Per Unit: Entrance Hall, Storage, Two Bedrooms, Bathroom and Kitchen/Lounge.
Outside
Communal gardens and parking.
Tenancies
The properties are let on what were ASTs and now APTs as follows:
Apt 6 Barleyfield Mews £625.00
Apt 9 Barleyfield Mews £580.00
Apt 14 Barleyfield Mews £600.00
Apt 20 Barleyfield Mews £600.00
EPC
Energy Asset Rating is C (x 3) and B.
Council Tax Band
A
Lease Start Date
01/01/2014
Lease Duration
250 years (237 years unexpired)
Buyers Administration Fee
There will be a Buyer's Administration Fee of £6,000 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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