Duncan Raistrick says ..

Property Oracle says ..

This four-bedroom property on Lincoln Road, Blackpool, presents a mixed investment opportunity. The location offers convenient access to Blackpool North train station and several well-regarded primary schools. However, Blackpool’s overall market conditions and the property’s need for extensive renovation must be considered.

The property’s interior appears dated, requiring significant modernisation to bring it up to modern standards. The kitchens and bathrooms, in particular, show their age and would require complete refurbishment. The flooring and wall coverings also appear worn. While the images show a structural integrity, there may be hidden issues that could potentially impact the cost of renovation. The lack of garden space is a noteworthy downside.

The list price of £135,000 appears reasonable in the context of the local market, given similar properties’ sale prices although the lack of accurate square foot information within the local listings, makes a direct comparison difficult. However, potential buyers should budget substantially for renovation costs, impacting overall value and return on investment. A thorough survey is recommended before purchase to identify any hidden structural or maintenance problems.

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

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