Kenricks Commercial Estate Agents says ..

Property Oracle says ..

This three-bedroom terraced house in Blackpool’s Claremont area presents a mixed bag. The property’s location offers some advantages. Blackpool North train station is conveniently close, providing good transport links. Several primary schools are within walking distance. However, Blackpool’s housing market is complex, with varying levels of desirability across its districts. A more detailed local knowledge would enhance the analysis.

The condition of the property is significantly below standard. Photos reveal that it needs substantial renovation, ranging from floor repairs and wall restoration to updated fixtures and possibly more extensive work. This impacts any appraisal value as the majority of work will be undertaken by a new owner. Potential buyers should budget for significant repair costs.

Crucially, critical information such as property size (both internal and land) is missing from the listing. This makes a definitive judgment on value difficult. Comparable properties are listed at varied prices, reflecting the diverse condition and sizes across this district of Blackpool.

The property’s listed price must be reviewed in context of the work required. While the price might seem relatively modest compared to some nearby houses, the renovation costs will substantially increase the overall investment. Future buyers should factor in comprehensive professional survey costs. An accurate valuation would also require measurements of the space provided.

Overall, this property could present a suitable opportunity for buyers seeking a renovation project in a reasonable location. They must be well prepared for the amount of work and expenses needed to fully restore this to a desirable standard. It would suit a cash buyer who is capable of such a project.

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

Images