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Gores Lane, Formby, Liverpool, L37 - Image 1
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Gores Lane, Formby, Liverpool, L37

North West

£625,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2329 sqft

Description

This well-established family residence on Gores Lane in Formby is ready to welcome its new owners. Situated on a desirable tree-lined street, this detached property has remained within the same family for over four decades, offering a unique opportunity for transformation into a modern family home. Set on an expansive 0.27-acre plot, the west-facing garden provides ample potential for both renovation and extension (subject to local approvals), while being conveniently located near the village centre and top-rated schools. The home's inviting character is immediately apparent with a gravel driveway and mature borders leading to an entrance porch that opens into a spacious dining hall. The generous lounge overlooks the garden, while a charming sitting room features a bay window and fireplace, adding warmth to the living space. A separate dining room connects seamlessly to the garden through French doors, enhancing indoor-outdoor living. The traditional kitchen comes with an adjoining utility room, complemented by a practical ground floor shower room and an integral garage. Upstairs, the property features four double bedrooms that benefit from pleasant views of the surrounding greenery, along with a family bathroom. The standout feature is undoubtedly the mature rear garden, offering privacy and an abundance of natural beauty with established borders, flowering trees, and extensive lawns—ideal for entertaining or enjoying tranquil afternoons in the sun. This property presents a fantastic canvas for those looking to invest in their vision and create their dream home.

Investment Analysis

(L37 area)

Below Market Value

This property is priced -8.7% below area average per sq ft

-8.7%
Potential saving
This Property
£268/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£277
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£753,071
10% above area average per sq ft
Potential ROI
+3.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (L37)

Area prices are rising by +4.1% over the last 12 months
3 year growth: 8.2%
5 year growth: 17.4%
Investment Disclaimer: Analysis based on L37 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Gores Lane, Formby, Liverpool, L37
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,290
Based on a loan of £468,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE