Taylforths Residential says ..

Property Oracle says ..

The property is located in Blackpool, Lancashire, a popular seaside resort town in the North West of England. The area benefits from several nearby primary schools, all rated \‘Good\’ by Ofsted, and is within reasonable proximity to train stations such as Blackpool South. The presence of these amenities suggests a relatively convenient location for families and those who rely on public transport. However, the average house price in the area is significantly higher than the list price of this property, suggesting it may be undervalued or require substantial work.

Based on the provided photographs, the property appears to be in need of significant renovation. Many rooms show signs of considerable wear and tear, including damaged walls, outdated fixtures, and flooring that requires replacement. The kitchen and bathroom also require updating. This extensive need for refurbishment directly impacts the overall condition of the property.

The property includes a rear yard, which adds some value. However, the yard seems to be largely paved and requires landscaping to be considered a desirable garden space. The size of the yard is approximately 953.10 sqft, which is relatively modest.

Considering the property’s condition, the need for extensive renovations, and the modest size of the yard, the list price of £82,000 appears to be relatively low compared to the average house price in the area (£297,414). However, the lack of square footage information for the property makes a precise price per square foot comparison impossible. The lower price may reflect the significant work required to bring the property up to a modern standard, making it attractive to buyers willing to undertake a renovation project. The nearby comparable properties, while lacking sqft information, also seem to support that the price is reasonable for the condition.

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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