2 bedroom terraced house for sale

This mid-terrace home on North Street in Colne offers a rewarding refurbishment opportunity, ideal for buyers looking to create a personalised living space. Situated in a convenient location, this property presents a charming forecourt at the front, enhancing its traditional street appeal.

On the ground floor, the layout features a cosy lounge that serves as a welcoming space for relaxation. Adjacent is a versatile living room, offering additional flexibility for a formal dining area, family room, or home office. The kitchen, positioned towards the rear, provides a practical space for culinary needs, awaiting a modern touch to unlock its full potential.

The first floor hosts two bedrooms, each offering a comfortable retreat for rest and relaxation. With ample space to personalise, these rooms are ideal for creating cosy and private living quarters. Completing the upstairs is a shower room that, with some updating, can offer contemporary style and convenience.

To the rear, a yard offers outdoor space for utility or recreation, ideal for accommodating outdoor furniture, potted plants, or storage. This home invites creative improvements to achieve its full charm and character, making it a great investment for first-time buyers, small families, or investors.

For Sale by Modern Method of Auction; Starting Bid Price £40,000 plus Reservation Fee.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance. The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition
to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £349.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.