Tiger Sales & Lettings says ..

Property Oracle says ..

This property on Poulton Road, Fleetwood, comprises a ground floor commercial space currently operating as a hairdressing salon and a first-floor residential flat. The listing highlights the potential for rental income from the salon, which is currently tenanted. However, the property is in need of significant refurbishment. Photos show clear evidence of damp, mold in the bathroom and generally poor maintenance. The residential part of the property, while offering one bedroom and one bathroom, is presented as cluttered and requires extensive renovation. There is no garden or outdoor space to mention, which is not uncommon given its location in what appears to be a built-up area. The listed price of £60,000 is relatively competitive for the region, given that similar properties on nearby streets have sold at higher prices. However, prospective buyers must factor in the substantial cost of renovation and refurbishment to bring the property to a habitable and desirable condition. The presence of nearby schools, while of varying quality, and relative proximity to transport links adds to the location’s appeal, but the overall condition of the property presents a challenge for potential buyers. The property might be suitable for investors willing to undertake significant renovations or for buyers seeking a project that presents opportunities for long-term rental income if they invest sufficient funds into its restoration. Those looking for a move-in ready home would need to look elsewhere.

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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