An end terrace house configured as a four-bedroom HMO in need of modernisation. Tenanted and ideal for investors. (Title number: LA241213)
FOR SALE BY AUCTION: To be sold by public auction on the owner's instruction. A two-bedroom end terrace house in need of modernisation. Configured as a four-bedroom house of multiple occupation. Tenanted and ideal for investors. To be sold via online bidding on Friday, 26th January 2024.
Auctioneers comments: 'This Lot offers an opportunity to buy a four-bedroom HMO in Burnley.'
Auction date
The property is to be sold by public auction on Friday, 26 January 2024 via a 2-hour online bidding window.
To view
The property can be viewed by booking onto one of the advertised managed block viewings. Once you have registered to bid by setting up your online bidding account, you will be emailed a Calendly link to do this. Each block viewing is strictly 30 minutes, and no ad hoc viewings will be available. In most cases, a video tour will be available.
Description
Four bedrooms, tenanted, 883 sqft, end terrace, leasehold (865 years remaining)
Location
Burnley, North West, 0.6 miles to Burnley Barracks railway station
Accommodation
Ground Floor: Kitchen and two bedrooms
First Floor: Two bedrooms and bathroom
Outside
Courtyard
EPC rating
D
Tenure
Leasehold
999 years from 1 October 1889
Local authority and council tax band
Lancashire County Council and Burnley Borough Council
Council tax band: A
Pre-auction bids
To make a pre-auction bid, you must be an approved bidder. Once you have set up your online bidding account, verified your ID and paid the security deposit, you can email the amount you would like to bid. The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable. Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min. £5,000) and all auction fees listed. The Auctioneer reserves the right to refuse any bid.
Auction fees
In addition to the 10% deposit (min. £5,000) of your winning bid, you must pay an auction buying commission of 1.75% plus VAT (min. fee of £1,750 plus VAT) of the purchase price and auction buying fee of £1,900 plus VAT. Please be aware that additional fees may be payable on completion, including disbursements in the legal pack. Check the legal pack for each lot you are interested in before bidding.
* 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.
Lot 94 - 3 St. Johns Road, Burnley, Lancashire, BB12 6RP
Loading the bidding panel...
Agreement Documents
Additional Documents
Related Documents
Virtual Tour
Lot 94 - Video TourShare
More Properties View more
Flat 85 Lakeside, 82 Eaton Drive, Kingston upon Thames, Surrey, KT2 7RA
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.