Terraced House in Accrington

73 / 73A Barnes Street, Clayton le Moors, Accrington BB5 5PG
  • Lot No: 135
  • Property Type: Terraced House
  • Contract Type: Unconditional with Variable Fee

Guide Price* £105,000+ plus fees

Property Description

A mid-terrace property split into two flats, potential income when fully let is £13,740 per annum, based on comparable evidence. The property comprises a one bedroom flat to the ground floor and a two bedroom flat above. The property has been entirely renovated throughout to a very high standard, with brand new carpets laid throughout. The ground floor flat is generating a rental income of £550 per calendar month and the upper flat a rental income of £595 per calendar month. Combined rental income is £1,145 per calendar month. Internally, the ground floor flat is comprised of entrance hallway, which gives access to the spacious bedroom, living room, fitted kitchen, bathroom and enclosed rear garden. The first floor flat is comprised of entrance hallway, which gives access to the living room, two spacious bedrooms, the fitted kitchen and bathroom.

Construction Material:

Cavity wall, as built, no insulation (assumed)


Broadband:

Standard - 5 mbps, Superfast - 105 mbps and Ultrafast - 1139 mbps available


Mobile Phone Coverage:

O2, EE, Three and Vodafone available


Note

Please be advised that material information is currently not available. Buyers are referred to special condition 26 in relation to leasehold information. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.


Leasehold Information

990 years from 14 June 1860. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.


Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.


Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Leasehold

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. Properties located in Scotland will be subject to applicable Scottish law. 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, 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 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.

Auction Details

Date 10th December 2024

Venue National Property Auction
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.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

73 / 73A Barnes Street, Clayton le Moors, Accrington BB5 5PG