3 Bed Terraced House For Sale

***FOR SALE VIA THE MODERN METHOD OF AUCTION WITH IAMSOLD*** **FANTASTIC INVESTMENT OPPORTUNITY IN HEART OF HORWICH **OFFERING 10% YIELD!!!!!



CALLING ALL INVESTORS AND LANDLORDS - SPLIT VICTORIAN TERRACE WITH TWO SEPERATE DWELLINGS - PRICED FOR QUICK SALE



Mid Stone Fronted Terrace on Popular High Street - Combined Income Bringing in Immediate High Yield over 10% - No Chain - Ample Local Parking



An excellent opportunity to purchase this stone fronted mid Victorian terrace which has currently been split into two separate residential units. The upstairs has been converted into a spacious two bedroom apartment with a modern finish and a balcony at the rear. The downstairs is a one bedroom flat with its own spacious rear yard. The property has undergone recent refurbishment to highest standard and would ideally suit any landlords looking for their first straight forward BTL investment or someone to add to their portfolio.



The unit needs to be viewed to appreciate the potential and flexibility and offers an excellent return on investment. The building has undergone full renovation including re-wire, new combi-boiler, new kitchen, new bathroom, new windows, new carpets, re-plaster and more.... There really has been no stone left unturned perfect for any landlord looking for a low maintenance investment returning a combined £1100PCM.



The position is unrivalled being in the middle of a parade of shops and residential homes in the heart of the ever popular Chorley New Road close to many other retail units, cafes and ample free parking on the road and across from Horwich RMI and fabulous views up towards Rivington. It is also offered with No Chain.



Properties finished to this standard and offering a yield this high in this area of Horwich are not offered for sale very often. Please call the office to arrange a viewing.



Auctioneer CommentsThis property is for sale under traditional auction terms and should you view, offer or bid on the property, your information will be shared with theAuctioneer, iamsold Limited.With this auction method, an immediate exchange of contracts takes place with completion of the purchase required to take place within 28 days fromthe date of exchange of contracts. On exchange of contracts, the buyer is required to make payment of a 10% deposit, sign a reservation agreementand make payment of a non-refundable Reservation Fee of 4.2% of the final agreed sale price including VAT. This is subject to a minimum payment of£6,000 inc VAT and is paid in addition to the agreed purchase price. The Reservation Fee will be considered as part of the chargeable considerationfor the property in the calculation for stamp duty liability. The Reservation Fee is paid in addition to the final negotiated selling price. The ReservationFee will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.This property is marketed with a Buyers Information Pack which is a collection of documents in relation to the property. The documents may not tell youeverything you need to know about the property and a prudent buyer is expected to view the property and complete their own due diligence beforebidding. A sample copy of the Reservation Agreement and terms and conditions are also contained with this pack. The winning buyer will also makepayment of £300 inc VAT towards the preparation cost of the pack, where it has been provided by iamsold.Bidders will be required to register and go through an identification verification process with iamsold Limited and provide proof of how the purchasewould be funded.Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the startingbid and reserve price can be subject to change.Referral ArrangementsThe Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed theywill benefit you; you are under no obligation to use any of these services and you should always consider your options before services are accepted.Where services are accepted, please be aware that the Auction Coordinator or Partner Agent may receive payment for the recommendation. Wherethis is the case, the Partner Agent and Auctioneer will inform you of any referral arrangements and any payment they will receive, prior to any servicesbeing taken by you