Burnley, Lancashire, BB12

Petty Real are delighted to bring to the market Altham Street, Padiham, a two-bedroom mid-terrace property offering an exciting opportunity for investors and buyers looking for a renovation project. The property requires refurbishment throughout but offers approximately 81.6 sq. metres (878.5 sq. ft.) of accommodation, providing excellent scope to modernise and add value.

Internally, the property is arranged over two floors and benefits from two reception rooms, a separate kitchen, two bedrooms and a bathroom. The generous proportions and traditional layout provide a good starting point for an investor looking to create a desirable rental property or for a buyer seeking a project to renovate to their own specification.

Ground Floor

The property opens into the first of two reception rooms, measuring approximately 3.63m x 4.79m (11'11" x 15'9"). This is a spacious room with plenty of potential for use as a comfortable living room or dining area.

The second reception room measures approximately 4.20m x 4.51m (13'9" x 14'10"), again providing excellent floor space and flexibility for a future purchaser.

To the rear is the separate kitchen, measuring approximately 2.89m x 2.16m (9'6" x 7'1"). The kitchen requires updating but provides a practical footprint for the installation of a modern fitted kitchen.

First Floor

To the first floor are two well-proportioned bedrooms. The larger bedroom measures approximately 3.63m x 4.79m (11'11" x 15'9"), while the second bedroom measures approximately 4.27m x 2.56m (14'0" x 8'5"), offering excellent bedroom accommodation for a property of this type.

The bathroom measures approximately 3.17m x 2.13m (10'5" x 7'0") and provides a generous space that could be modernised as part of the refurbishment.

Investment Opportunity

Whilst the property does require renovation, Altham Street represents an excellent opportunity for the right investor. The overall floor area, two reception rooms and two-bedroom layout provide plenty of scope for improvement, with the potential to create a modern and attractive home within an established residential area.

Padiham is a popular East Lancashire market town with a range of everyday amenities including independent shops, supermarkets, cafés, restaurants and local services. The town also benefits from recreational facilities including Padiham Leisure Centre, while Padiham Greenway provides a popular route for walking and cycling. The town has a number of schools and is particularly well placed for access to Burnley and the surrounding Ribble Valley.

The M65 motorway network is also within easy reach, providing convenient links towards Burnley, Blackburn, Preston, Nelson and beyond, making the location attractive to both homeowners and tenants.

Auctioneer Comments:
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/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. These services are optional.