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Residential properties for auction in Cherry Tree, Lancashire

Create Alert 13 results Sorry, we currently do not have any listings in 0 miles of Cherry Tree, Lancashire - Please find below the nearest listings available.
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Property Summary
An unbroken apartment block.
Comprising 11 x long leasehold self-contained apartments.
Arranged to provided 4 x one beds, 4 x two beds, & 3 x three bedroom apartments.
Fully let under 11 x Assured Shorthold Tenancies (ASTs).
Total current gross rents reserved £55,320 p.a.

Tenure
11 x long leases each held for a term of 125 years from 01/01/2010 at a ground rent of £175 per annum (rising).

Location
Introduction: A town in Lancashire, close to Lancashires boundary with West Yorkshire.
Population: 13,323 (2011 Census).
Situated: Burnley - 8 miles north, Rochdale - 7 miles south.
Roads: A671, A6066.

Situation
The property is situated close to the junction with Rochdale Road. Shopping amenities can be found on Rochdale Road with further more extensive shopping in nearby Bacup town centre.

Description
The property is arranged over ground and two upper floors to provide a detached former church that has been converted into 11 x self-contained modern apartments. The property further benefits from 11 x car parking spaces.

Accommodation & Tenancies

Unit Accomodation Terms of Tenancy Current Rent Reserved
1
One bedroom appartment Let on a 6 month AST from 07/08/2017
£4,200
2
One bedroom appartment Let on a 12 month AST from 05/06/2017
£4,200
3
Two bedroom appartment Let on a 12 month AST from 28/11/2016 £5,100
4
Two bedroom appartment Let on a 12 month AST from 12/03/2016 £5,520
5
One bedroom appartment Let on a 22 month AST from 22/08/2016 £4,320
6
One bedroom appartment Let on a 5 month + 28 days AST from 31/08/2017 £4,440
7
Two bedroom appartment Let on a 12 month AST from 22/11/2016 £4,740
8
Two bedroom appartment Let on a 12 month AST from 24/07/2017 £4,800
9
Three bedroom appartment Let on a 12 month AST from 08/07/2016 £5,400
10
Three bedroom appartment Let on a 12 month AST from 25/04/2017 £5,400
11
Three bedroom appartment Let on a 12 month AST from 14/04/2018 £7,200
Total £55,320 p.a.

NB: The property was not internally inspected by BidX1
Apartments 1-11 Beulah Methodist Church, New Line, Bacup, OL13 9RY
A detached unbroken apartment block arranged as 11 x self-contained apartments. Yield 12.3%.
Type: Flat, Residential
Location: Apartments 1-11 Beulah Methodist Church New Line, Bacup, OL13 9RY
Images: 6
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*UNSOLD, PLEASE REFER TO AUCTIONEER*

Nine X 2 bedroom self contained apartment conversion circa 2008. Converted from Helme Mill this whole block of apartments comprises three X 2 bedroom units to ground floor, three X 2 bedroom units to first floor & three X 2 bedroom units to second floor. Five let, four vacant. Grade II Listed. Fully let income circa £42,000 - £45,000pa. Further details to follow.

Tenure

To Be Confirmed In Legal Pack

Viewing

Please check Auction House Website for viewing appointments www.auctionhouse.co.uk

Energy Efficiency Rating (EPC)

Current Rating B, B, B, B, B, B, B, C & C

Local Authority

Burnley Borough Council

Additional Fees

Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
17A, B & C & 19A, B, C, D, E & F, Ightenhill Street, Burnley, BB12 8PY
9 X 2 Bedroom Self Contained Apartment Conversion circa 2008. Gross Income £42,000 - £45,000 when Full Let
Type: Flat, Residential
Location: 17A, B & C & 19A, B, C, D, E & F Ightenhill Street, Burnley, BB12 8PY
Images: 8
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*UNSOLD, PLEASE REFER TO AUCTIONEER*

Not internally inspected however comprising a two storey corner property beneath a pitched roof comprising ground floor retail area with one bedroom flat to the first floor. According to the VOA the ground floor provides a net internal floor area of
37.6 sq m (405 sq ft).

The property is situated on the corner of Cog Lane and Venice Street close to the junction with Accrington Road (A679) in a predominantly residential area. The property may suit conversion back to residential subject to the necessary consents being obtained.

Tenure

To be Confirmed in Legal Pack

Viewing

Please contact Auction House North West Commercial on 0161 830 7477

Energy Efficiency Rating (EPC)

Current Rating F

Local Authority

Burnley Borough Council

Additional Fees

Buyer's Premium - £900.00 including VAT payable in addition to the Administration Charge

Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
176, Cog Lane, Burnley, BB11 5BG
Vacant Retail Unit with One Bedroom Flat
Type: Residential, Retail, Flat
Location: 176 Cog Lane, BB11 5BG
Images: 1
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*UNSOLD, PLEASE REFER TO AUCTIONEER*

Traditional two bedroom terraced house with two reception rooms. Entrance hall, living room, dining room, kitchen, first floor landing, bedroom one, bedroom two, bathroom, yard to rear. Gas central heating & double glazing where fitted.

Tenure

To Be Confirmed In Legal Pack

Viewing

Please check Auction House Website for viewing appointments www.auctionhouse.co.uk

Energy Efficiency Rating (EPC)

Current Rating F

Local Authority

Rossendale Borough Council

Additional Fees

Buyer's Premium - £4,200 including VAT payable in addition to the Administration Charge

Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
8 Carlton Terrace, Alma Street, Bacup, OL13 9JA
Traditional Two Bedroom Terraced House with Two Reception Rooms
Type: House, Residential
Location: 8 Carlton Terrace Alma Street, Bacup, OL13 9JA
Images: 3
Brochures: 1
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*UNSOLD, PLEASE REFER TO AUCTIONEER*

Two bedroom two reception mid terraced house with kitchen extension. Entrance, lounge, dining room, kitchen, first floor bedroom one, bedroom two, bathroom & yard to rear. Gas central heating & double glazing where fitted.

Tenure

To Be Confirmed In Legal Pack

Viewing

Please check Auction House Website for viewing appointments www.auctionhouse.co.uk

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Bolton Metropolitian Borough Council

Additional Fees

Buyer's Premium - £1,020 including VAT payable in addition to the Administration Charge

Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
39, Ainsworth Street, Bolton, BL1 3JU
Two Bedroom Two Reception Mid Terraced House with Kitchen Extension
Type: House, Residential
Location: 39 Ainsworth Street, BL1 3JU
Images: 7
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*UNSOLD, PLEASE REFER TO AUCTIONEER*

A mid terrace building arranged as 2 x one bedroom flats. Not inspected by Auction House, we are advised by the vendor that both flats are let on AST's with a combined rental income of £7,860pa. Prospective purchasers are advised to check the legal pack to confirm tenancy details as Auction House have not had sight of these at the time of cataloguing.

Tenure

To Be Confirmed In Legal Pack

Viewing

Please check Auction House Website for viewing appointments www.auctionhouse.co.uk

Energy Efficiency Rating (EPC)

Current Rating E

Local Authority

Preston City Council

Additional Fees

Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
185 & 185A, Plungington Road, Preston, PR1 7UB
A Mid Terrace Building Arranged as 2 x One Bedroom Flats. Both Let with a Combined Income of circa £7,860.00
Type: House, Residential
Location: 185 & 185A Plungington Road, Preston, PR1 7UB
Images: 1
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*UNSOLD, PLEASE REFER TO AUCTIONEER*

A prominent double fronted commercial building in need of refurbishment throughout, which benefits from planning consent dated January 2014 ref: 91095/30 for change of use to restaurant. Internally the property is in a shell condition, briefly comprising: Ground floor - two rooms Basement Cellar First Floor - 4 rooms which are considered suitable for conversion to 2no one bed self-contained flats, subject to the necessary consents being obtained.. The property is prominently situated fronting Blackburn Road (A666), close to the junction with Waters Meeting Road and McDonalds Restaurant.

Tenure

To Be Confirmed In Legal Pack

Viewing

Please contact Auction House North West Commercial on 0161 830 7477

Local Authority

Bolton Metropolitian Borough Council

Additional Fees

Buyer's Premium - £2,200 including VAT payable in addition to the Administration Charge

Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
364-366, Blackburn Road, Bolton, BL1 8NE
Vacant Double Fronted Commercial Property with consent for Restaurant Use and Potential for 2no One bed Flats at First Floor
Type: Flat, General Retail, Restaurant/Cafes, Residential, Retail
Location: 364-366 Blackburn Road, Bolton, BL1 8NE
Images: 7
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*UNSOLD, PLEASE REFER TO AUCTIONEER*

Prominent two storey corner property, comprising ground floor sandwich shop/cafe together with self-contained one bed flat to the first floor, offering open plan living room, kitchen, shower room and bedroom together with attic storage.

We are informed by the vendor that the property is currently tenanted as follows:

Ground floor sandwich shop - let by way of a three year lease from October 2017 at a rental of £6,500 pa

First floor one bed flat - currently let at a rental of £4,248 pa

The total rental income is therefore £10,748 pa.

Leases and further information is contained in the legal pack.

Tenure

To be Confirmed in Legal Pack

Viewing

Please contact Auction House North West Commercial on 0161 830 7477

Energy Efficiency Rating (EPC)

Current Rating D & E

Local Authority

Burnley Borough Council

Additional Fees

Buyer's Premium - £900.00 including VAT payable in addition to the Administration Fee

Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
197-199, Oxford Road, Burnley, BB11 3HB
Tenanted Sandwich Shop plus Self-Contained One Bedroom Flat Producing £10,748 pa
Type: Flat, General Retail, Restaurant/Cafes, Mixed Use, Residential, Retail, Other Property Types & Opportunities
Location: 197-199 Oxford Road, Burnley, BB11 3HB
Images: 2
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*UNSOLD, PLEASE REFER TO AUCTIONEER*

Substantial double fronted HMO briefly comprising 12 letting rooms with ancillary accommodation arranged over lower ground, ground, first and second floors. External rear yard.

We have been provided with a tenancy schedule showing the rooms are let for between £195 pcm up to £265 pcm and currently producing £32,220 pa (including income from hoarding) with one letting room vacant. When fully let should produce c£35,580 pa.

An updated tenancy schedule is to be provided within the legal pack.

The property is situated on the South side of Wash Lane (B6221), close to the junction with Bell Lane (B6222), approximately ¼ mile east of Bury town centre.

Tenure

To be Confirmed in Legal Pack

60 day completion period available

Ground Floor:

Communal lounge, dining room, kitchen, shower room/w.c. Letting room 1 and letting room 2

First Floor:

2no. Bathrooms, shower-room, cloakroom/w.c. 6 letting rooms

Second Floor:

4 letting rooms

Basement:

2 storage rooms

Viewing

Please contact Auction House North West Commercial on 0161 830 7477

Energy Efficiency Rating (EPC)

Current Rating F

Local Authority

Bury Metropolitian Borough Council

Additional Fees

Buyer's Premium - £900.00 including VAT payable in Addition to the Administration Fee

Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
8-10, Wash Lane, Bury, BL9 6AS
Currently producing £32,220 with one letting room vacant. When fully let should produce c£35,580 pa.
Type: House, Residential
Location: 8-10 Wash Lane, BL9 6AS
Images: 8
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*UNSOLD, PLEASE REFER TO AUCTIONEER*

One bedroom first floor flat lwt in an AST at £295.00 pcm/£3,540.00 pa

Tenure

To be Confirmed in Legal Pack

Viewing

Please check Auction House Website for viewing appointments www.auctionhouse.co.uk

Energy Efficiency Rating (EPC)

Current Rating F

Local Authority

Bolton Metropolitian Borough Council

Additional Fees

Buyer's Premium - £900.00 including VAT payable in addition to the Administration Fee

Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
224B, Chorley Old Road, Bolton, BL1 3BW
One Bedroom First Floor Flat Let on an AST at £295 pcm/£3,540 pa
Type: Flat, Residential
Location: 224B Chorley Old Road, Bolton, BL1 3BW
Images: 1
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*UNSOLD, PLEASE REFER TO AUCTIONEER*

One bedroom first floor flat lwt in an AST at £295.00 pcm/£3,540.00 pa

Tenure

To be Confirmed in Legal Pack

Viewing

Please check Auction House Website for viewing appointments www.auctionhouse.co.uk

Energy Efficiency Rating (EPC)

Current Rating G

Local Authority

Bolton Metropolitian Borough Council

Additional Fees

Buyer's Premium - £900.00 including VAT payable in addition to the Administration Fee

Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
224A, Chorley Old Road, Bolton, BL1 3BW
One Bedroom First Floor Flat Let on an AST at £295 pcm/£3,540 pa
Type: Flat, Residential
Location: 224A Chorley Old Road, Bolton, BL1 3BW
Images: 1
Brochures: 1
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*Unsold, the last bid was £95,000. Please refer to Auctioneer for Reserve*

The property comprises a three bedroom mid terrace house arranged over ground and two upper floors.

Exterior
The property benefits from front and rear gardens.

Tenure

Freehold

Location

The property is situated on a residential road in Darwen area of Blackburn close to local shops and amenities. There are numerous green open spaces within easy reach. Transport links are provided by Darwen rail station.

Accommodation

Ground Floor
Reception Room
Kitchen
Cloakroom

First Floor
Two Bedrooms
Bathroom with WC & wash basin

Second Floor
Master Bedroom with En-suite Shower Room

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 12 months commencing February 2017 at a rent of £535 per calendar month (Holding Over).

This property has not been internally inspected by Auction House London

Current Rent Reserved £6,420 per annum

Viewing Details

Open House Viewings To Be Confirmed

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £780 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
10, Rose Street, Darwen, BB3 3DN
A Three Bedroom Mid Terrace House Subject to an Assured Shorthold Tenancy Producing £6,420 per annum
Type: Residential, House
Location: 10 Rose Street, BB3 3DN
Images: 1
Brochures: 1
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*THIS PROPERTY IS STILL AVAILABLE FOR OFFERS, PLEASE CONTACT AUCTIONEER FOR DETAILS*

Features

Large three-bedroom mid terrace
Potential to convert to mixed use or three flats
Accommodation over two storeys and attic
Fitted kitchen and bathroom
Approximately 1800ft2 (taken from EPC)
Potential income of £12,000 per annum (if converted into flats)
Potential gross yield of 20%
Freehold
Excellent transport links
Close to the town centre

Location
This property is situated on Newchurch Road, Bacup. Newchurch road is located off the A681 junction, parallel to Booth Road. The property is directly opposite a bus stop, therefore providing residents with easy access into and out of the town centre.
Bacup is a small town in Lancashire, close to Lancashire’s boundary with West Yorkshire. The property sits a short two miles southwest of the town centre. This area benefits from a range of amenities, including; a good selection of well-known supermarkets, restaurants, health options and many more.
Lancashire is situated in the north west of England, 35 miles north west of Manchester and the same distance to Liverpool, in the south west of Lancashire

Description
A large two storey mid-terrace property of traditional brick construction, with a pitched roof above.

Ideal for any investor looking for a property requiring total renovation.

There is versatile accommodation over four floors, which given the right programme of renovation and subject to the necessary planning permissions, could provide a basement flat to the lower ground floor, a ground floor retail premises, and a further good sized flat set over the first floor.

Services
We understand the property to have mains electricity, water and drainage.

Accommodation
Total – 1800ft2 (taken from EPC)

Tenure
Freehold

Council Tax
The property is rated in Council Tax Band D. Council Tax payable (2017/18) is approximately £1,610.

Investment Analysis

We understand the property could be converted into three flats. If converted into flats, the property has the potential to generate an income in the region of £12,000 per annum, providing a gross yield of 20%, before taking into account conversion costs. Alternatively, the property could offer mixed use commercial and residential accommodation, with a shop to the ground floor and two flats to the upper floors.

Guide Price
£60,000 – £65,000+

Buyer’s Premium
2.4% (min. £3,000) inc. VAT

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290, Newchurch Road, Bacup, OL13 0UJ
Three Bedroom Mid-Terraced – Potential Conversion To Mixed Use Or Flats
Type: Residential, House, Mixed use, Other Property Types & Opportunities
Location: 290 Newchurch Road, OL13 0UJ
Images: 9
Brochures: 1
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