Harris & Co says ..

Property Oracle says ..

This seven-bedroom property on London Street in Fleetwood, Lancashire, is listed for £150,000. Marketing materials describe it as a generously sized terrace property set up as an HMO (House in Multiple Occupancy), currently sold partially occupied. The property is conveniently located near local shops and schools, including St. Mary’s Catholic Primary School. The images show a basic but functional interior, suggesting a property suitable for renovation or as a potential investment opportunity. While the lack of information on square footage is a concern, the list price seems relatively competitive in comparison to some other areas nearby. The absence of a garden is a significant drawback, especially given the property’s intended use as an HMO. Additional information on local comparable property sales, the condition of services and infrastructure, and the overall rental market in Fleetwood would improve the assessment. The property presents both opportunities and challenges, particularly considering the need for updates and the lack of exterior space. A potential investor or buyer should conduct thorough due diligence before making a purchase decision to ensure a fair price and accurate assessment of potential returns. The property’s seven bedrooms could be attractive to students or those seeking rental income, but a lack of external space might be a detriment. The nearby amenities and schools might be a positive for families or those concerned about proximity to amenities.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images