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5 Penistone Street, Burnley, BB12 0PS 2 bed terraced house for sale
5 Penistone Street, Burnley, BB12 0PS
£20,000
5 Penistone Street, Burnley, BB12 0PS
£20,000
Our Summary
- LOT 130 **FOR SALE BY ONLINE AUCTION** on 15th May 2025 Six Week Completion or Earlier Leasehold House Vacant Possession Situated on Penistone Street, close to the amenities available in Burnley Town Centre and travelling facilities including Burnley Barracks Train Station
- A Terrace House requiring modernisation with accommodation arranged on Two Floors comprising: First Floor Bedroom (One) Bedroom (Two) Bathroom (without fittings) Ground Floor Entrance Hall Living Room Kitchen (without fittings) Yard at Rear Leasehold for a term of 999 years (less 10 days) from 23rd January 1883 (thus having approximately 857 years unexpired) at a ground rent of £2 per annum
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide
- Guide prices will be continually updated on our website up until the day of the auction
Description
A leasehold house on Penistone Street in Burnley is up for sale by online auction on May 15th, 2025, with a six-week completion or earlier. The property, which requires modernization, has two floors of accommodation, including a living room, kitchen, and two bedrooms, as well as a bathroom without fittings. The property has a yard at the rear and benefits from a 999-year lease with approximately 857 years unexpired at a ground rent of £2 per annum. The property is being sold with vacant possession, and inspections can be arranged with the auctioneers. The guide price is not disclosed, but the reserve price will be set within the guide range or no more than 10% above a single-figure guide. A buyer's fee of £1,200 incl. VAT will apply for lots sold over £10,000, or £300 incl. VAT for lots sold for less than £10,000.