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23 Herbert Street, Burnley BB11 4JX

Lot no: 131 Sold After Auction
 

Guide Price £36,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 25th May 2023

10.00am
Key Features
  • Three Storey Mid Terrace Property
  • Three Bedrooms
  • Rear Yard
  • Sold with Tenant in Situ
  • EPC Rating: D
  • Council Tax Band: A
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Sold After Auction

Terraced House

Property Description:

A three bedroom mid terraced house.

Internal viewings will not be possible at this time, and is being sold with the tenant in situ. The vendor has advised that the property is currently let at £425 per calendar month.

We have been unable to gain access to inspect the property, however the owner has advised that the property comprises of the kitchen and lounge to the ground floor. Two bedrooms and bathroom to the first floor, bedroom three to the second floor. Externally there is a yard to the rear.

The property is located close to local amenities with a good selection of shops and is close to Burnley town centre and the university. There are good transport links close by with the property being a short walk from Burnley Manchester Road train station, and a short drive from the M65 motorway.

Leasehold Information

Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Ground Floor

Kitchen and Lounge

First Floor

Two Bedrooms and Family Bathroom

Second Floor

Bedroom

Externally

Rear Yard

Tenure:

Leasehold. Subject to tenancy.



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 Variable Fee (England and Wales).

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

All sales are subject to SDL Property Auctions’ Buyers Terms.


Auction Deposit and Fees

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

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.


Guide Price & Reserve Price

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.