*For Sale by Modern Method of Auction; Starting Bid Price £60,000 plus Reservation Fee*
*Tenant In-Situ* Currently paying £485.

A deceptively spacious and larger than average mid-terrace property located in a popular residential area of Colne. A short walk to Colne Town Centre, local amenities, schools and the M65 with links the Manchester, Preston and Blackburn. The property is being sold with a tenant in-situ and would make an ideal purchase for landlords and investors looking to add to their property portfolio.

Arranged over four floors, the property briefly comprises to the ground floor of an entrance hallway as you enter through the UPVC front door, with a staircase ascending to the first floor. To the front of the property is the first of two reception rooms boasting a large window letting in an abundance of natural light.

To the rear is a second, larger reception room with a utility room adjoining where an external staircase provides access to the rear yard. The kitchen/diner can be accessed via a staircase leading from the second reception room and down to the lower ground floor. The kitchen houses matching wall base and drawer units with co-ordinating work surfaces, stainless steel sink, integrated oven and hob with overhead extractor fan. Adjoining is a store room with another door leading out to the rear yard.

On the first floor, a central landing leads to two well proportioned bedrooms, the master benefitting from an over stair storage cupboard. The bathroom houses a three piece suite in white comprising a low-level WC, pedestal wash basin and paneled bath with overhead shower.

Additionally there is a further bedroom in the attic with storage within the eaves.

The property benefits from the modern day comforts of gas central heating and UPVC double glazing.

Externally there is a garden forecourt to the front and an enclosed yard to the rear.

For Sale by Modern Method of Auction; Starting Bid Price £60,000 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 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 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.