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

North West

£450,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2066 sqft

Description

Nestled just a short stroll from the village center, this detached bungalow occupies a spacious freehold plot of approximately 0.19 acres. Its position set back from the road, complemented by mature trees for privacy, underscores the appeal of this property in a highly sought-after area. The interior boasts over 2,000 square feet of living space, currently featuring three well-proportioned bedrooms, a bathroom, kitchen, and a generous lounge adorned with a large picture window that invites ample natural light. Additionally, the upper floor offers three more rooms with eaves storage—an ideal canvas for further development. While the home requires modernisation, it presents an excellent opportunity for transformation tailored to personal preferences. Notably, approved plans exist under DC/2024/01648 that leverage permitted development rights; potential enhancements include an open-plan layout complete with modern amenities like a wine cellar and cinema room alongside five double bedrooms. With no onward chain and situated in one of the region's desirable locales, this property is ripe for investment and renovation.

Investment Analysis

(L37 area)

Below Market Value

This property is priced -25.9% below area average per sq ft

-25.9%
Potential saving
This Property
£218/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£277
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£668,031
10% above area average per sq ft
Potential ROI
+23.7%
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

Brows 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
£1,648
Based on a loan of £337,500 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