McHugh & Co says ..

Property Oracle says ..

The property is a three-bedroom terraced house located at 12 Woodland Grove, Blackpool, FY3 9ET. It is listed for £30,000 and has a floor area of 1,227.09 sqft. The property is in need of significant renovation. The images show that the interior requires complete refurbishment, with damaged walls, floors, and ceilings throughout. The garden is overgrown and requires considerable work. The garage is also cluttered and in need of attention. Given the property’s condition, the list price of £30,000 appears low compared to other properties in the area. Nearby properties on Woodland Grove have sold for between £55,000 and £120,000, although these properties may not be directly comparable in terms of size or condition. The average price for properties in the Blackpool area is significantly higher at £384,983, and the average price per sqft is £310. However, these averages may not reflect the condition of this particular property. The low price likely reflects the extensive renovation needed. The property’s proximity to schools like Woodlands School (rated ‘Good’) and Park Community Academy (‘Outstanding’) is a positive factor. The location also benefits from relatively close proximity to several train stations, though the distance may be a consideration for some buyers. The lack of plot size is a drawback, as the property appears to have only a small garden. In summary, the property presents a significant renovation project but could potentially offer good value for money given the low asking price. However, potential buyers should factor in the substantial costs of renovation and the time required to bring the property to a habitable standard.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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