Springbok Properties says ..

Property Oracle says ..

This two-bedroom apartment in Eldon Court, Lytham St Annes, presents itself as a renovation project. Located in a desirable coastal town with good transport connections and relatively close proximity to schools, the location is a positive attribute. However, the property’s condition needs significant improvement, as shown by dated fittings and fixtures in the provided photographs. The kitchen and bathroom require complete modernisation and updating, and there is a clear need for redecoration throughout. The apartment’s lack of significant private land is also a factor to consider. While the listing price is low compared to similar-sized properties in the area, it’s important to factor in the cost of the substantial repairs needed. Potential buyers should undertake a thorough survey to assess the extent of the work needed, as well as obtaining multiple comparable market valuations to ascertain fair market value. The price, therefore, may represent good value for money only if the buyer has the resources and skills to complete the renovations themselves or is willing to pay for substantial improvement works. Overall, the property offers potential but requires considerable investment to reach its full value.

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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