Entwistle Green says ..

Property Oracle says ..

This two-bedroom terraced property in Blackburn, Lancashire is presented as a renovation project. The listing highlights its location in the popular Hollin Park area, offering proximity to amenities and transport. However, a detailed inspection of the provided photographs reveals the property requires substantial refurbishment work. The interior photographs show significant disrepair, including damaged walls, outdated fixtures, and extensive debris. The exterior, while showing a standard terraced house structure, also suggests a need for upkeep. The backyard, though present, appears neglected and overgrown. The property is listed at £40,000. While nearby property prices vary significantly, the low list price for a property of this size, acknowledging its need for extensive renovation, might present an opportunity for buyers seeking a fixer-upper in a reasonably convenient location. However, prospective buyers must consider significant upfront costs associated with renovating this property to a habitable standard. Buyers should also factor in the additional costs associated with clearing the debris and addressing potential structural issues. Given its current state, it’s essential that buyers have a realistic budget and a clear understanding of the scope of work required before making a purchase decision. This property is suitable for experienced property investors or those with significant renovation capabilities. Potential buyers should seriously consider obtaining a full structural survey before committing.

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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