2 bed terraced house to buy in BB4
Alder Bank, Rossendale, Lancashire, BB4 7SD
Online auction
- Two Bedrooms
- Sold by Secure Sale
- Terraced Property
2 bed terraced house to buy in BB4
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £85000
A Fantastic Refurbishment Opportunity in a Convenient Rawtenstall Location
Situated within easy walking distance of Rawtenstall Town Centre, this mid-stone terrace property presents an outstanding opportunity for investors, developers, builders, and buyers seeking a project with significant scope to add value.
Having been unoccupied for many years, the property now requires complete and comprehensive refurbishment throughout, offering purchasers the chance to renovate and modernise to their own specification. With a realistic guide price of £85,000, the property represents an attractive proposition for those looking to create a profitable investment, resale opportunity, or long-term home.
The accommodation briefly comprises an entrance vestibule leading into a generously proportioned lounge. Beyond the lounge is the kitchen area, which in turn provides access to a useful utility space and the rear yard.
Externally, the enclosed rear yard benefits from two brick-built storage outbuildings and gated access to a rear service alley.
To the first floor is a spacious principal bedroom together with a family bathroom. A staircase rises to the second floor attic room, which has previously been utilised as bedroom accommodation and is complemented by a substantial eaves storage area.
Please note the property is heated by a back boiler.
Location
Rawtenstall is one of Rossendale's most popular market towns, offering an excellent range of amenities including supermarkets, independent retailers, cafés, bars, restaurants, leisure facilities and healthcare services. The town has developed a vibrant social scene with a variety of eateries, traditional pubs and nightlife options.
Families are well served by a selection of highly regarded primary and secondary schools within the surrounding area, while commuters benefit from excellent transport links. The A56/M66 corridor provides convenient access to Manchester, Bury, Burnley and the wider motorway network, making the area increasingly popular with both owner-occupiers and tenants alike.
The town is also surrounded by attractive countryside, providing easy access to walking routes, cycling trails and outdoor recreation, including the nearby Rossendale Valley and surrounding Pennine landscapes.
Investment Potential
Properties of this nature are becoming increasingly difficult to acquire at such an attractive entry price point. Subject to the necessary refurbishment works, purchasers have the opportunity to significantly enhance both the property's market value and rental potential. The versatile accommodation, convenient location and substantial scope for improvement make this an ideal project for investors, builders, developers, landlords and ambitious owner-occupiers seeking to create a bespoke home.
Early viewing is strongly recommended to fully appreciate the accommodation, location and considerable potential on offer.
Length of Lease: 851
Annual Ground Rent Amount: £2.00
Summary
- Property Type: Terraced House
- Bedrooms: 2
- Receptions: 1
- Tenure: Leasehold
- Heating: Gas
- Parking: On Street
This property is being sold subject to unconditional reservation fee auction terms and conditions.
Timescales
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
Legal Pack
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
There is no legal pack for this property.
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