>
2 bedroom terraced house for sale
12 Ivy Street, Burnley BB10 1TD
£25,000
12 Ivy Street, Burnley BB10 1TD
£25,000
Our Summary
- For sale on 29 May 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of £3,600 inc
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 29
- Ideal investment opportunity
Description
A two-bedroom mid-terrace property is being sold at auction, with a tenant in situ producing £6,600 per annum. The property is leasehold, with a 2000-year lease from 1871, and is being sold with a guide price and reserve price. The buyer will need to pay a 5% deposit and a non-refundable auctioneer's fee of £3,600 inc. VAT, which will be taken into account when calculating the Stamp Duty Land Tax. The property is held on a 6-month agreement, and the lease documents will be available in the legal pack. The property is located in an area with very low flood risk, and has good mobile phone and broadband coverage. The auction will be broadcast online with live auctioneers, and bidders can register to bid by proxy, online, or by phone.