For sale by online auction starting on Monday 2nd November 2020, bidding will be on the Auction Agent website. Renovated terraced property sold with a tenant in place paying £6,000 per annum giving a 10% return based on the guide price. We have been unable to inspect the interior however have been advised that the property comprises two bedrooms, attic room, bathroom, lounge and kitchen. Externally there is a yard area and a parcel of land which could be opened out to create a larger garden or parking. The property is located close to Bacup Golf Club & Morrisons supermarket, between Bacup and Stacksteads and within walking distance of Bacup town centre. This is an ideal investment for a buy to let investor looking to add to their portfolio. Please note that the photographs were taken prior to the tenants occupation. The tenancy agreement is over 12 months at £500pcm from 18th June 2020. Buyers are advised to check the legal pack before bidding, this will be available below once received. Buyers are also advised to check the website for any updates on the lot before the auction.
Lounge 15′ 7” x 13′ 9” (4.75m x 4.19m)
Kitchen 14′ 2” x 9′ 5” (4.32m x 2.87m)
Master Bedroom 15′ 2” x 11′ 5” (4.62m x 3.48m)
Bedroom Two 11′ 10” x 6′ 8” (3.61m x 2.03m)
There is a yard to the rear with a parcel of land. Please see the title documents for further information.
12th October 2020
See Legal Pack
Amanda Reed – Dwyers Solicitors