Summary - 132 Dickson Road, Blackpool, Lancashire, FY1 2HQ FY1 2HQ
1 bed 1 bath Land
**Standout Features:**
- Location: Close to Blackpool centre, local amenities, and public transport.
- Property Type: Victorian terraced house, currently a derelict renovation project.
- Investment Potential: Additional income from ground rents and management charges from six flats.
**Concerns:**
- Property Condition: Requires significant repairs and investment for renovation.
- Area Classification: Local crime rate is very high, and the neighborhood is deemed very deprived.
Nestled in the heart of Blackpool just north of the promenade, this unique Victorian terraced house presents an exceptional opportunity for investors or those seeking a renovation project. With a compelling auction starting price of £15,000, this property is surrounded by a vibrant mix of amenities, including shops, entertainment facilities, and excellent public transport connections, making it ideal for future rental potential.
The current ground rent of £302 per flat for two units could be increased with updated leases, while the management charge of £706 for each of the six flats offers another avenue for income growth. However, it’s important to note that the property is in a derelict state and will require substantial repairs to transform it into a livable space, in addition to navigating a high crime area and general deprivation concerns in the locality.
This listing offers a rare chance to make a mark in Blackpool's competitive market, blending the allure of urban potential with the practical needs of immediate restoration. Don’t miss out on this investment opportunity—consider the viable future with thoughtful renovations and a vision for revitalization.
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