Probate.Auction says ..

Property Oracle says ..

This three-bedroom terraced house in Blackburn, Lancashire, is listed at £70,000. The property is situated in the Mill Hill area, offering convenient access to local train stations (Mill Hill being only 0.32 KM away) and schools. Several primary schools with ‘Good’ Ofsted ratings are within walking distance. However, the property’s internal condition demands significant renovation. The photographs reveal a bathroom needing updating, a dated kitchen requiring complete refitting, and at least one bedroom showcasing the property’s need for modernization. The exterior structure appears sound, but the interior’s state must be factored into the overall evaluation. The land size isn’t stated, but the images depict minimal outdoor space. Comparing the asking price to nearby listings (£60,000 - £135,000), the price of £70,000 appears competitive, yet the required renovations impact the perceived value. The lack of precise square footage makes a conclusive valuation challenging, but prospective buyers should budget for substantial refurbishment costs. This property presents a viable investment opportunity for those willing to undertake extensive renovations, aiming for capital appreciation or rental income potential. However, first-time buyers seeking move-in ready accommodation may find the required work prohibitive.

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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