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Old Hall Farm, Oswald Street, Burnley, BB12 0BX

Lot no: 71 Sold at Auction for £300,000
 

Guide Price £275,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 27th August 2020

10.30am
Key Features
  • 18 bedroom detached house, suitable for redevelopment (STP)
  • Well located on a large plot of land (approximately 2 acres)
  • Property benefits from many of its original features
  • Situated only a short distance outside of Burnley town centre
  • EPC Rating: D
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Sold at Auction for £300,000

Farm House

Property Description:

This substantial property is well located on a large plot of land (approximately 2 acres), within a semi-rural but quiet and scenic setting. The vast property is partly in working order and is more or less ready to go but there are parts of the property that do require work. The property benefits from many of its original features and could really be brought to life with new investment.

Having previously been used as a bed and breakfast, the property would now suit a number of alternative uses or redevelopment, subject to any necessary building and planning consents. In terms of location, the property is situated only a short distance outside of Burnley town centre and close to both Thompson and Queens park. There are many local amenities located on or around Colne Road and Burnley central station is not far. Viewings are highly advised in order to fully appreciate the scope of this building which in brief, comprises:

Ground Floor:
Kitchen

11ft 2 x 14ft 5

Dining Room

8ft 9 x 16ft 2

Utility Room

9ft 7 x 8ft 2

TV Room

21ft x 12ft 3

Additional Reception Room

11ft 6 x 15ft 6

Wash Room

6ft 4 x 5ft 6

Living Room

20ft 4 x 14ft 2

Bathoom

8ft 01 x 5ft 4

Bedroom One

14ft 6 x 12ft 10

Bedroom Two

15ft 7 x 12ft 3

Bedroom Three

15ft 8 x 12ft 01

Bedroom Four

15ft 9 x 12ft 2

Bedroom Five

15ft 8 x 11ft 8

Bedroom Six

15ft 5 x 9ft 8

Toilet Block

16ft 5 x 10ft 2

First Floor:
Bedroom Seven

11ft 7 x 11ft 10

Bedroom Eight

15ft 5 x 11ft 9

Bedroom Nine

11ft 3 x 15ft 8

Bedroom Ten

15ft 10 x 11ft 04

Bedroom Eleven

11ft 3 x 15ft 6

Bedroom Twelve

16ft 5 x 11ft 04

Bedroom Thirteen

11ft 8 x 15ft 7

Bedroom Fourteen

15ft 7 x 11ft 4

Toilet and Shower Block

12ft 10 x 10ft 9

Office

11ft 6 x 10ft 8

Bedroom Fifteen

15ft 10 x 13ft 3

Bedroom Sixteen

9ft 4 x 17ft 5

Bedroom Seventeen

13ft 04 x 13ft 05

Shower Room
Toilet
Outside:

Parking and large gardens.

Tenure:

Freehold.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

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).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.