The list price of £1,500,000 seems high considering the current condition of the property and the need for extensive renovation or demolition. However, the price likely reflects the potential value of the land with planning permission for a new development. The average price per square foot in Preston is £344, while this property is listed at approximately £155 per square foot, but this is for land with a building needing renovation.

Based on the images, the existing building on the land appears to be in need of significant renovation. The exterior shows signs of wear and tear, with boarded up windows and general disrepair. However, planning permission has been granted to build a new apartment block.

The property is located on Fylde Road in Preston City Centre, placing it within close proximity to various amenities, transportation links, and the University of Central Lancashire. This central location offers convenience and accessibility.

The plot size is not specified, but the images suggest a reasonable amount of land. There is some overgrown land to the rear of the existing building. The proposed development plans indicate efficient use of the available space.