McHugh & Co says ..

Property Oracle says ..

This three-bedroom terraced house in Blackpool, Lancashire, presents a mixed bag of opportunities and challenges for potential buyers. The location on Coleridge Road in Brunswick offers good access to Blackpool North train station and several primary schools, including St Kentigern’s Catholic Primary School (rated ‘Good’ by Ofsted). However, a buyer should take the time to familiarise themselves with the specifics of the area and how these facilities meet their requirements.

The property’s condition, however, is a significant concern. The interior photographs reveal a property in need of substantial renovation. The decor is severely outdated, and the overall condition appears to require significant work, including modernisation and repairs. Potential buyers will need to budget for such work. There is a small rear yard area which is also in poor condition.

The list price of £45,000 reflects the property’s current condition, but it is essential to factor in the considerable cost of renovations when considering the property’s overall value. The lack of bathroom information is also important to note for buyers. The availability of similar properties in the area at various price points would necessitate further research to determine the best use and return for the property. Overall, this is a property best suited to an investor seeking a refurbishment project or a buyer with renovation experience and a willingness to undertake significant work.

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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