Carshalton Grange, 1 Carshalton Road, Blackpool, Lancashire FY1 2NR

This substantial double fronted end terrace property presents a compelling opportunity for renovation enthusiasts. With a guide price of £70,000 reflecting a remarkable £32/sqf compared to the local average of £106/sqf, this is an enticing chance to acquire a property well below market value. The large floor area of 2,206 sq.ft offers ample room for a complete overhaul, allowing for creative redevelopment into self-contained flats, an HMO, or a multi-generational living space, depending on planning consents.

However, the property does require significant modernization throughout, with dated interiors, a cluttered kitchen, and outdated bathroom fixtures all in need of attention. The overall condition is poor, indicating that investors should prepare for a full-gut renovation rather than a simple refresh. Stripped interiors and a budget of £100,000 to £200,000 for works will be necessary to bring this home up to modern living standards, but the potential for value increase is clear given the current low acquisition cost. This project is not for the faint-hearted, but for those ready to tackle a heavy refurbishment, the rewards could be substantial.