Requiring full refurbishment this mid terrace property makes a brilliant investment for those expanding their buy to let port-folio. With potential for £695+ PCM once renovated, its estimated this hits close to a 10% return PA.
The property comprises; front lounge, open plan sitting room/kitchen, two bedrooms and a bathroom. To the rear accessible from the kitchen is an enclosed yard.
The property is situated within walking distance of Darwen train station which is a 45 minute commute to Darwen making this a fantastic location for buy to lets. Also the vibrant town centre is within proximity with a range of bars & restaurants.
Auctioneers Comments:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Lounge
Sitting Room
Kitchen
Bedroom One
Bedroom Two
Bathroom
- Tenure: Freehold
- Investment Project
- Requires Full Re-Furb
- Potential For £695+ PCM Once Modernised
- Estimated 10% Return
- Walking Distance To Train Station - 45 Minute To Manchester
- For Sale by Modern Auction â€" T & C’s apply
- The Modern Method of Auction
- Buyers Fees Apply
- Subject to Reserve Price
- NO CHAIN
Tax Band | % | Taxable Sum | Tax |
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