>
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 168 **FOR SALE BY ONLINE AUCTION** on 1st July 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
This property is a leasehold house located on Penistone Street in Burnley, near the town center and train station. The house requires modernization and is being sold by online auction on July 1st, 2025, with a six-week completion deadline. The property has two floors of accommodation, including a living room, kitchen, two bedrooms, and a bathroom (without fittings). The house also has a yard at the rear. The lease has approximately 857 years unexpired and a ground rent of £2 per annum. The property is being sold with vacant possession and is available for viewing by arrangement with the auctioneers. The EPC rating is G. 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 be payable for lots sold over £10,000, or £300 incl. VAT for lots sold for less than £10,000.