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25 Stockbridge Road, Padiham, Burnley BB12 7HA

Lot no: 63 Re-entry to a future auction
 

Guide Price £40,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 30th November 2023

10.00am
Key Features
  • Two bedroom terraced house
  • Close proximity to Padiham Town Centre
  • Strong transport links
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Re-entry to a future auction

Terraced House

Property Description:

A two-bedroom, terraced property in Padiham, Burnley.

A two-bedroom property situated just less than half a mile from Padiham Town Centre. The property is well positioned in a popular, residential area close to a variety of amenities and services. A selection of supermarkets, shops, transport links and popular pubs, bars and eateries can all be found within easy reach.

Padiham leisure centre is within walking distance and there are a number of outdoor spaces nearby. Transport links include regular bus services, easy access to the A6068 which connects to the motorway and there are train services operating from Hapton and Rose Grove stations.

Ground Floor:

Open plan living/dining room and kitchen

First floor:

Two bedrooms and bathroom

Leasehold Information

999 years from 25 April 1842. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Leasehold. Vacant possession upon completion.




Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £3,000 inc. VAT

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.