A terraced dwelling occupying an established residential position on Duke Street in Colne, offered as an ideal renovation project for investors, builders and developers. The property requires refurbishment and modernisation throughout, presenting an excellent opportunity to add value for resale or letting following a programme of works.
The accommodation is arranged over 4 storeys and briefly comprises a living room and dining room to the ground floor, with two bedrooms and a bathroom to the first floor. In addition, the property benefits from a loft conversion, providing useful additional accommodation, together with double glazing and central heating. The property also benefits from a basement.
Duke Street is situated within Colne, a well-established East Lancashire town offering a good range of everyday amenities, schools, shops and transport links. The property is well placed for access to the town centre and surrounding road networks, making it attractive to both owner occupiers and the rental market once improved.
Accommodation
Basement: Storage with meters
Ground Floor: Living room, dining room
First Floor: 2 x bedrooms, bathroom
Attic: Attic room accessed via staircase
Costs
Auction Details
The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 1.8% of the purchase price (subject to a minimum of £2,400 inc. VAT)
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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding 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.
General
Council Tax: The property is listed with a Council Tax assessment in Band A.