12 bedroom property
Key information
Features and description
- Fantastic Investment Opportunity
- 12 Bedroom HMO
- Previously Generating an Income of Approximately £53,000 Per Annum
- Close to Local Amenities and Transport Links
- Freehold Title
We are pleased to offer to auction this twelve bedroom property currently used as a house with multiple occupancy. The property is well located on Oxford Road, Burnley which is close to local amenities and transport links. The property is currently vacant but was previously fully tenanted, generating a total income of approximately £53,000 per annum, making it an ideal investment opportunity. The property has been maintained to a high standard throughout and needs to be viewed to be fully appreciated.
Please note: We have not inspected this property.
Rooms
EPC
Available upon request (rating C).
Council Tax
All rooms are of council tax band A.
Tenure
Freehold. TITLE NUMBER: LAN266479.
Accommodation
GROUND FLOOR
Bedroom 1 with En-Suite
Bedroom 2 with En-Suite
Bedroom 3 with En-Suite
Bedroom 4 with En-Suite
Bedroom 5 with En-Suite
Kitchen
Utility Area
Landlords Store
FIRST FLOOR
Bedroom 6 with En-Suite
Bedroom 7 with En-Suite
Bedroom 8 with En-Suite
Bedroom 9 with En-Suite
Bedroom 10 with En-Suite
Bedroom 11 with En-Suite
Kitchen
SECOND FLOOR
Bedroom 12 with En-Suite
Boiler
EXTERIOR: There is a yard to the side of the property with car parking spaces.
Location
The subject property is located along Oxford Street, quite a central location in the town of Burnley. Transport links near by are Culvert bus stop only 0.2 mile away and Burnley Central train station is 1.3 miles away. The property is close to main roads such as the A679 and the M65. Burnley Town Cntre is just a few minutes walk away and the closest city, Preston is 25.6 miles from the property.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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