Petty Real are delighted to present to the market Townley Street, Briercliffe – an exciting opportunity for investors, developers, and buyers looking to add value in one of Burnley’s most desirable residential locations. Situated in the highly sought-after area of Briercliffe, this property is in need of full renovation and modernisation throughout, offering fantastic potential to create a superb home or lucrative rental investment. With strong local demand and excellent resale prospects, this is a savvy purchase for those with vision. The accommodation currently comprises a traditional layout (details to be confirmed upon viewing), providing a blank canvas for refurbishment and redesign. Once modernised, the property would make an ideal first-time buyer home or addition to a rental portfolio. This is an excellent opportunity to acquire a competitively priced property in a strong residential area with significant potential for capital growth. Auctioneer comments 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 winning bidder will pay £349.00 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 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 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.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Council Tax Band: Band A
Tenure: Leasehold
Lease Length: year(s)
Ground Rent: We are still collating this information
Service Charge: We are still collating this information