Frank Wyles and Co says ..

Property Oracle says ..

This four-bedroom, two-bathroom property located on Cleveland Road in Lytham, Lancashire presents a mixed bag of opportunities and challenges. Situated in a highly desirable area of the town, this Victorian terraced house benefits from proximity to local amenities, transport links (Lytham train station is less than half a kilometer away), and several well-regarded schools. The location alone makes it an attractive proposition for families and those seeking a coastal lifestyle.

The house itself displays a blend of features. While some areas, such as the kitchen and bathroom, appear reasonably modern, other rooms retain older finishes, including the carpets and wallpaper. These rooms could benefit significantly from refurbishment to align with contemporary standards. The provided photographs reveal a need for general modernisation in some rooms, a task which would improve the property’s value and liveability.

The property also includes a rear garden, but its current state appears slightly neglected and requiring attention. Landscaping would be needed to make the most of this external space.

The list price of £450,000 needs careful consideration against other similar properties in Lytham. While the location is excellent, the necessary modernisation work impacts the overall value proposition. Potential buyers should carefully weigh the cost of renovations against the property’s current asking price and the value of the location. Overall, this is a property with significant potential. Its attractive location outweighs the renovation requirements for many buyers, provided these factors are incorporated into their financial planning.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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