Situated in a convenient and popular location in Padiham, this end-terrace property offers fantastic potential for investors looking to expand their portfolio. Requiring a degree of modernisation, the property provides a great opportunity to add value and create a comfortable family home.

• End-terrace property in a popular residential location

• Entrance hallway

• Two reception rooms

• Fitted kitchen

• Three bedrooms

• Family bathroom

• Enclosed rear yard with outbuilding

• Tenant in Situ - Current Rent £575pm

• In need of some modernisation

• Ideal for investors

• Close to town centre, local amenities and transport links

The accommodation briefly comprises an entrance hallway leading to two reception rooms, offering flexible living space. To the rear is a fitted kitchen with access to the enclosed rear yard. On the first floor, there are three bedrooms and a family bathroom. Externally, the property benefits from a private rear yard with a useful outbuilding providing additional storage.

The property is perfectly positioned within easy walking distance of Padiham town centre, offering a wide range of local shops, supermarkets, schools and everyday amenities. Excellent transport links and nearby bus routes provide easy access to Burnley and the surrounding areas.

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under 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 Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

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 of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’, and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.

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 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 equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. 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 necessary or beneficial to the customer to pass their 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.