Higher Reedley Road, Higher Reedley Road & Kings Causeway, Brierfield

Key features

Spacious end terrace

Converted into two 1 bedroom flats

Sought after location

Ideal for a landlord or investor

Ground floor flat is in turn key condition

First floor flat requires full modernisation

Both properties are on one title

Rear yard

EPC rating 59D 2 Higher Reedley road

EPC rating 34F 227 Kings Causeway

Full property description

2 Higher Reedley Road & 227 Kings Causeway, Brierfield

This spacious end terrace property, converted into two one-bedroom flats, presents a unique investment opportunity. Both flats are registered under a single title plan with the Land Registry, offering a seamless ownership experience. The ground floor flat is in turn-key condition, featuring an inviting entrance that leads into a comfortable lounge. It includes a spacious double bedroom, a modern shower room, and a fitted kitchen. Additionally, there is a yard that provides a private outdoor space, perfect for relaxation or storage.

In contrast, the first-floor flat requires full modernisation, making it an ideal project for those looking to add value through renovation. Accessed via entrance stairs to the first floor, this flat opens onto a landing leading to a lounge and a bedroom, offering potential for a cozy living space. The kitchen currently has no fixtures or fittings, allowing for a completely bespoke design tailored to the new owner’s tastes. The flat also includes a bathroom and a separate WC, both of which are ripe for modernization.

Overall, this property offers a blend of immediate livability in the ground floor flat and significant potential in the first-floor flat. Its unique configuration and dual-living arrangement make it an attractive option for investors or homeowners looking to generate rental income while enhancing the property’s value through refurbishment.

For Sale by Modern Method of Auction; Starting Bid Price £79,950 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