Duncan Raistrick says ..

Property Oracle says ..

This three-bedroom terraced house on Brighton Avenue in Blackpool is presented as a property with ‘excellent potential’, which is a fair assessment. The property is located in a reasonably convenient area, close to transportation, schools, and local shops. The nearby train station offers easy access to other parts of the country. There are several schools within walking distance, catering to both primary and secondary school-aged children.

However, the property is clearly in need of substantial renovation. The photographs show outdated décor, worn flooring, and several areas that are in need of repair. The kitchen and bathroom are especially dated. Whilst this represents a significant amount of upfront investment for any potential buyer, the relatively low listing price could make this an attractive proposition for those who are comfortable undertaking such a project. The garden, whilst present, is modest in size.

The lack of information regarding the square footage of the property makes a fully informed analysis of its value more challenging. The availability of comparable properties in the area with similar conditions is sparse, leading to uncertainty on the exact pricing level. However, by comparing the property to nearby properties sold at a similar price, this suggests the property is relatively fairly priced, acknowledging the significant costs associated with the property’s renovation. Overall, this property represents a renovation project with potential for a good return, but potential buyers should be prepared for substantial financial commitment and considerable work.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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