Four-bedroom fixer near promenade with clear refurbishment upside.
Freehold Victorian mid-terrace with four bedrooms
Requires full internal renovation; derelict rooms and original fittings
One bathroom only; suitable for HMOs with permissions
Small front garden; traditional layout, modest room sizes
Walking distance to Blackpool promenade, shops and transport
Very high local crime and very deprived area; affects tenant profile
Public notice/repossession present; buys carry legal risk
Fast broadband and excellent mobile signal; cheap council tax
This four-bedroom mid-terraced Victorian property is a clear investment proposition for buyers comfortable with a renovation project. Located within walking distance of Blackpool promenade and local transport links, the house offers rental or resale potential once modernised.
The property requires full internal refurbishment: cosmetic and likely mechanical work are needed, with original features such as floorboards and a bay window present but in derelict condition. It has one bathroom, room heaters supplemented by mains gas, and double glazing fitted after 2002. The small front garden and traditional layout suit conversion to multiple-occupancy or a family let, subject to planning and licensing.
Material considerations are significant and must be weighed objectively. The area is very deprived with very high crime levels and classified locally as constrained renters/hampered aspiration, which will affect tenant profiles and yields. There is also a public notice/repossession on file. On the positive side, the property is freehold, council tax is low, broadband speeds are fast and mobile signal is excellent, supporting modern tenancies.
For an investor prepared to manage refurbishment and lettings in a challenging inner-city market, the location near shops, amenities and transport offers letting opportunities. Buyers should budget for renovation costs and consider safety, security and licensing measures before purchase.
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