* HMO For Sale by Auction * 

Tenanted performing asset with long term social housing lease in place with a non profit CIC housing association. Rent every month is fully guaranteed and there is no management fees to pay, no maintenance costs, no annual maintenance costs, no bills and no utilities to pay

Philip Ellis are delighted to present this four bedroom HMO semi-detached property located in the heart of Burnley in Brirecliffe. Ideally located for local amenities, close to Burnley Central train station and links to the motorway network.

A fabulous house of multiple occupation with a fully fitted kitchen diner, separate living room and two bathrooms and four good size bedrooms.  This property is fully tenanted on a long term lease.  Further details upon request.

An outstanding oppurtunity for an investment with no voids, no maintenance and no management fees giving the buyer an entirely hands free and secure investment. 

Fully double glazed, with modern fixtures and fittings.

The accommodation comprises:

Hallway 5.54m x 4.57m

A upvc door leads to an ample sized hallway, leading to all downstairs rooms.

Kitchen 5.16m x 2.11m

The kitchen has been modernized to the highest of standards. With a range of white wall and base units with cupboards providing lots of storage space for all residents.  Complete with appliances, oven, hob, fridge freezer, washing machine and breakfast bar with stools for dining.

Bedroom 1 (Ground Floor) 3.18m x 3.48m

A good size bedroom complete with single bed, wardrobe and chest of drawers.

Bedroom 2 (Ground Floor) 4.14m x 2.88m

A good size bedroom complete with single bed, wardrobe and chest of drawers.

First Floor

Bedroom 3 3.34m x 4.61m

A large bedroom complete with single bed, wardrobe and chest of drawers.

Bedroom 4 5.10m x 2.05m

A good size bedroom complete with single bed, wardrobe and chest of drawers.

Bathroom 2.34m x 2.32m

A modern shower room with sink, corner bath w.c.

External

Garden

The rear garden space is also flagged with patio tiles.

This house is extremely desirable and offers a great investment opportunity for any investor to grow their portfolio, or any first time investor to get an immediate return on investment.

Lease

The property is leasehold on a 999 year lease from 1st May 1907. 

Disclaimer

 This brochure and property details are a representation of the property offered for sale or rent, as a guide only.  Brochure content must not be relied upon as fact and does not form any part of a contract. Measurements are approximate. No fixtures or fittings, heating system or appliances have been tested, nor are they warranted by Philip Ellis Estate and lettings or any staff member in any way as being functional or regulation compliant. Philip Ellis Estate And Lettings do not accept any liability for any loss that may be caused directly or indirectly by the brochure content, all interested parties must rely on their own, their surveyor’s or solicitor’s findings.  We advise all interested parties to check with the local planning office for details of any application or decisions that may be consequential to your decision to purchase or rent any property.  Any floor plans provided should be used for illustrative purposes only and should be used as such by any interested party.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.