2 Bed Property House For Sale Bridge Street, Darwen, BB3

£100,000- Property

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 22nd April 2024

Description

** Property auction date 15th April 2024 **
Sold As Seen Online

A well-maintained and beautifully presented mixed-use property, ideal for investors, with an income of £12,000 per annum for both the flat and commercial letting. Both are currently tenanted. Boasting a central position on the street, close to other local business complete to a high standard.

Property Description - This exclusive development is located next to a wellness centre, in a semi-rural yet convenient location with lovely countryside views and easy access to the motorway network via the M65, in addition to Hoddlesden Village and surrounding Darwen & Blackburn. The location of this property is highly convenient, with excellent public transport links, making commuting a breeze. Nearby schools ensure that families with children have access to quality education options such as Darwen Academy high school, local bus routes and amenities, providing convenience and ease.

The commercial tenants have been renting for a minimum of 4 years and have no intention of leaving.

Legal Pack - The Legal Pack for this property is available on our website, sold under Common Auction Conditions.


The following deposit and non-refundable auctioneer’s fees apply:

• 10% deposit of the hammer price.
• £2995 + VAT Buyer's Fee,
• £495 + VAT Auction Payment Processing Fee


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.
Agent Details
PROPERTIES UNDER THE HAMMER AUCTIONS
Prospect House Featherstall Road South, Oldham, OL9 6HT

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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