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Freshfield Road, Formby, Liverpool, L37 - Image 1
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Freshfield Road, Formby, Liverpool, L37

North West

£895,000
Listed on 02/10/2025

Property Details

Bedrooms
6
Type
Detached house

Description

This sizable detached property presents a compelling opportunity for renovation and investment, set on a generous 0.27-acre lot with over 4,200 square feet of interior space. Previously utilized as a residential care facility, the structure is ripe for redevelopment or restoration, making it an attractive prospect for those looking to capitalize on its potential. The property spans three floors and is currently divided into several self-contained suites, each featuring a lounge/bedroom area, private kitchen, and en-suite shower room. The ground floor houses a spacious residents' lounge and a principal kitchen that was used by staff, providing ample communal space. Original architectural details throughout the building contribute to its unique character and charm. Outside, the property offers significant off-road parking at the front and a mature garden at the rear that is fully enclosed, adding privacy and outdoor potential. This substantial building could easily be converted back into a single-family home, transformed into apartments, or adapted for supported living or HMO use—subject to obtaining the necessary planning permissions. With no onward chain, this property stands as a blank canvas for visionary investors or homeowners seeking to create something special in a desirable location.

Investment Analysis

(L37 area)
Area Average
£294/sq ft
Avg Rent (weekly)
£277
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
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

Freshfield Road, Formby, Liverpool, L37
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,279
Based on a loan of £671,250 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