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Auction Guide   |   Ref: 33184039


Fern Street, Colne

  •   2 Bedrooms
  •   1 Bathrooms
  •   1 Receptions

This two-bedroom end terrace property presents a fantastic refurbishment opportunity, perfect for investors or those looking to create their ideal…


Key features

  • End terrace
  • Ideal investment opportunity
  • Lounge
  • Dining kitchen
  • Two bedrooms
  • Four piece bathroom
  • Central heating & double glazing
  • Requires refurbishment
  • Rear Yard
  • No chain

Full property description

This two-bedroom end terrace property presents a fantastic refurbishment opportunity, perfect for investors or those looking to create their ideal home. The ground floor comprises a spacious lounge, offering ample space for relaxation and entertainment. Adjacent is the kitchen, which provides a blank canvas to design and equip according to personal taste and needs.

Upstairs, the property features two well-proportioned bedrooms, ideal for accommodating a small family or creating a comfortable guest room and home office. The bathroom boasts a four-piece suite that includes a bathtub, separate shower, wash basin, and WC. Outside, the rear yard offers a private outdoor space

Situated in a convenient location, this home is close to local amenities, schools, and transport links, making it an excellent choice for those seeking to blend urban living with a touch of tranquility. With some modern updates and personal touches, this property has the potential to become a delightful residence.

For Sale by Modern Method of Auction; Starting Bid Price £35,000 plus Reservation Fee.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance. The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition
to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Read more

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