Dale Street, Blackpool

This substantial four-storey property, currently arranged as three flats, presents a great opportunity for developers looking to invest in a high-potential project. Situated just 100 yards from Blackpool promenade, the location is a major draw, offering easy access to local amenities and attractions. However, extensive renovation is required throughout the property, as significant wear and damage are evident in the living areas, bedrooms, kitchen, and bathroom. This presents a clear canvas for transformation, allowing for modernisation and the chance to significantly add value.

The current asking price of £45,000 sets a neutral tone for value, as the lack of usable floor area prevents a direct comparison with local £/sqf metrics. While the property requires a heavy refurb with renovation costs estimated between £100,000 and £200,000, this scale of work provides the opportunity to reconfigure the layout and enhance the character of the building, potentially increasing its appeal in the market. Bidding can go above the guide price, so prospective buyers should be prepared for that possibility.