>
2 bedroom terraced house for sale
16 Oat Street, Padiham, Burnley BB12 7BQ
£45,000
16 Oat Street, Padiham, Burnley BB12 7BQ
£45,000
Our Summary
- For sale on 24 April 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
- The property is in need of some refurbishment and has a current rental income of £325pcm
- 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 4
- 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: 24
- In Need of Some Refurbishment
Description
A two-bedroom mid-terraced property is being sold with a tenant in situ, located just a few minutes' drive from the recently renovated Padiham town centre. The property is in need of refurbishment and has a current rental income of £325 per calendar month. The property has two reception rooms, a kitchen, two bedrooms, and a bathroom. It is a leasehold property with a current EPC rating of D, and the sale will be conducted through an online auction event. The sale is unconditional, and binding contracts will be exchanged at the point of sale. The buyer will need to pay a 5% deposit and a buyer's fee of 4.8% of the purchase price, which will be taken into account when calculating the Stamp Duty Land Tax. The property is being sold with a guide price and a reserve price, and the buyer must read the legal pack carefully before bidding.