493a Newchurch Road, Bacup, OL13 0NH

Tenure: Leasehold Being Sold via Secure Sale online bidding. Terms & Conditions apply.

Starting Bid £55000 Newchurch Road, Stacksteads, Bacup – 1 Bedroom End Back-to-Back Terrace A fantastic opportunity to purchase a one-bedroom end terrace back-to-back property, now available via auction and sold with no chain delay.

Positioned to the rear of Newchurch Road in Stacksteads, this affordable home benefits from new carpets throughout, making it an excellent option for first-time buyers looking to step onto the property ladder or buy-to-let investors seeking a strong rental yield.

Property Highlights Available via auction End terrace back-to-back home New carpets fitted throughout Ideal for first-time buyers or buy-to-let investors Convenient for local schools, transport links & Waterfoot centre Leasehold – approx.

806 years remaining No chain delay Set at the end of the terrace row, this characterful home enjoys a tucked-away position with easy access to local amenities and commuter routes.

Internally, the property features an open-plan lounge and kitchen, along with a useful basement store. To the first floor, the landing leads to a spacious double bedroom and a bathroom.

Competitively priced and filled with potential, this property offers a fantastic opportunity to both homeowners and investors alike.

Viewings are available strictly by appointment – contact us to secure yours.

Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’.

The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.

The Legal Pack will also outline the buyers’ obligations and sellers’ commitments.

It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.

The deposit will be a contribution to the purchase price.

A non- refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale.

The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.

There is no requirement or indeed obligation to use these recommended suppliers or services.

Open Plan Lounge / Kitchen - 4.99m x 4.63m (16'4" x 15'2") - Basement - Landing - 1.68m x 4.68m (5'6" x 15'4") - Bedroom 1 - 3.22m x 3.16m (10'7" x 10'4") - Bathroom - 3.22m x 1.42m (10'7" x 4'8") - EPC Rating: D