2 bed end terrace house for sale

Villiers Street, Padiham, Burnley BB12

Summary

This two-bedroom end-terraced property, offered at a competitive price below market value, presents an exceptional opportunity for investors looking to maximize rental yields in a thriving area. This property is an ideal addition to your portfolio.

Key Features
- Lounge
- Dining Room
- Two Bedrooms
- Bathroom
- Town Centre Location
- Close to Major Transport Links
- Selling with Tenant in Situ

Location and Area Improvements
Located just a short distance from Padiham Town Centre, this property benefits from an array of local amenities, including shops, restaurants, schools, and public services. The area has seen significant improvements in recent years, with substantial investments in flood defences that provide added peace of mind for residents. These upgrades to infrastructure demonstrate the local council's commitment to enhancing the area's future growth and appeal.
The property is well-connected with excellent transport links, including easy access to the M65 motorway, providing a quick route to nearby towns and cities, making it a prime location for commuters. Public transport options are also plentiful, with bus services that offer access to surrounding areas.

Investment Potential
With its strong rental yield prospects, this property offers a fantastic opportunity for those seeking to enter or expand their investment portfolio. The combination of a desirable location, ongoing area improvements, and the potential for growth makes this a must-view property for savvy investors. Don't miss out on this excellent chance to secure a property below market value with promising returns.

Some damp issues - some rendering needs replacing to the rear, kitchen and roof.

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 816
Ground Rent Review Period: No ground rent
Service Charge Review Period: No service charge

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.