The list price of £260,000 seems high given the property’s condition. It requires complete renovation, and the lack of square footage data makes a precise price-per-square-foot comparison difficult. Nearby properties on St Peter’s Place have varied prices ranging from £105,000 to £220,000, with these having no apparent need for such large-scale renovations. Therefore, the asking price suggests more of a reflection of its potential value after renovations than its current state. Considering the development potential mentioned, this could partially justify the price, but the high risk and investment required lower the overall value assessment.

The provided photographs clearly show the property is in need of extensive renovation. The interior is gutted, showing exposed brickwork, and much of the building’s structure seems to require significant repair or replacement. The condition is far from move-in ready, necessitating a substantial investment before inhabitation.

The property is situated on St Peter’s Place in Fleetwood, a location that benefits from proximity to St Peter’s Church, a significant landmark. The area appears to have some local shops nearby, as evidenced by the street view image. While the distance to Poulton-le-Fylde train station is relatively far (8.65km), several primary schools are located within a reasonable distance, indicating a family-friendly environment. However, Fleetwood itself is not a major urban center, which limits its overall score.

While the listing mentions an ‘extremely large plot,’ the exact dimensions in square footage are missing. Based on the architectural plans and the street view which appears to show a terraced house, the available land is likely limited, especially considering the reference to a development opportunity which suggests building extra properties. Therefore, the land score is low, reflecting this limited space.