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2 Bed Flat, Potential PLO/LOA, Burnley, BB12 8EX £42,000

Mill Street, Padiham, Burnley, Lancashire, BB12 8EX - 21 days ago
  1. Deal Search
  2. Burnley
  3. BB12
  4. BB12 8EX
Leasehold
Auction
Negative Equity
ROI: 13%
~68 m²

ValuationUndervalued

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Property History

Listed for £42,000

-17%

November 24, 2025

Sold for £49,000

2021

Sold for £67,496

2011

Description

  • 2 Bedrooms +
  • Entrance Hall +
  • Lounge +
  • Kitchen +
  • Bathroom +
  • Tenure Leasehold +
  • Council Tax Band A +
  • Agent's Note +

CAN BE PURCHASED WITH SITTING TENANTS.
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 4.50% 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. Payment varies but will be no more than £450.00. These services are optional.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

BUR250467/2

Agent Details

Reeds Rains, Burnley

01282 526180

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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