Lot 10 - 26 Blackthorn Lane, Bacup, Lancashire, OL13 8EG

  • Unconditional Online Auction Sale
  • Guide Price* : £50,000

Addendum

Notwithstanding the wording of the Special Conditions the Seller will not require the buyer to pay for any tenant arrears on this particular lot. The Receivers do not have possession of the original or a full copy of the tenancy agreement.

  • Residential Investment
  • 2 bedroom end terrace
  • Let at an annual equivalent gross rent of of £6,240

ON BEHALF OF RECEIVERS: Residential Investment comprising a 2 bedroom end terrace house let at a gross annual equivalent rent of £6240

Description

The property comprises a 2 bedroom end terrace house which will be sold with a tenant in situ with a monthly rent reserved of £520.

Location

The property is located in Bacup, a town in the Rossendale Borough in Lancashire. It is located approximately 23 miles north of Manchester and 7 miles to the south of Burnley. The subject property is located on Blackthorn Lane, a residential street which links to the A681 Todmorden Road via Lane Head Lane, which in turn leads to the main A646. Burnley Manchester Road Railway Station is within 7 miles from the property.

The surrounding area predominantly comprises terrace residential housing, similar to the subject. There are a number of local amenities in close proximity to the subject, including bars, shops, restaurants, schools, and Bacup Cricket Club. Further amenities including shops and restaurants are located in Burnley.

Tenure

Freehold title number LA910047.

Accommodation

Ground Floor: Living room and kitchen.
First Floor: 2 bedrooms and a family bathroom.

Outside

Driveway and garden at the front and garden at the rear.

Tenancies

The tenant is holding over from an assured shorthold tenancy agreement from March 2020 at a rent of £520 payable every 4 weeks. The Receivers do not have possession of the original or a full copy of the tenancy agreement.

EPC

Energy Asset Rating is C.

Council Tax Band

A

Buyers Administration Fee

There will be a Buyer's Administration Fee of £2400 (inc VAT) payable upon exchange of contracts.

Additional Information

1. The Internal pictures were taken either at the end of 2021 or the start of 2022.

2. 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.

3. 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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