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

North West

£1,100,000
Listed on 30/12/2025

Property Details

Bedrooms
6
Type
Detached house
Area
3255 sqft

Description

This impressive Victorian detached residence, situated on one of the most sought-after roads in Formby, offers a remarkable opportunity for renovation and modernization. After being cherished by the same family for over 48 years, the home retains its enchanting period features while presenting a blank canvas for potential buyers to reinvent it for contemporary living. Set on a substantial plot of approximately 0.29 acres, the property boasts generous gardens that provide an oasis of privacy and space within this prime locale. Spanning over 3,250 square feet across three levels, the interior flows from a grand vestibule into an expansive hallway that embodies the home’s historic charm. The ground floor features a spacious lounge with a striking bay window and detailed craftsmanship, alongside a sitting room with original elements. The centrally located dining room connects to a kitchen characterized by exposed beams, which opens to the rear garden—an ideal setup for entertaining or family gatherings. Additional spaces include a utility room and office, plus a convenient ground floor WC. The first floor is home to four generously sized double bedrooms, highlighted by a principal bedroom with an en-suite bathroom, complemented by a family bathroom. High ceilings and sash-style windows throughout enhance the sense of space and light. The second floor presents additional potential with two more bedrooms and ample possibilities to add another bathroom with appropriate permissions. Externally, the property features a block-paved driveway leading to a double garage and boasts an extraordinary rear garden filled with mature trees and landscaping potential—ideal for outdoor activities or further development. With no onward chain, this property presents an exceptional opportunity to own a character-rich home in one of Formby’s premier areas while allowing for significant personal touches through renovation.

Investment Analysis

(L37 area)

Above Market Value

This property is priced +15.0% above area average per sq ft

+15.0%
This Property
£338/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£277
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,052,488
10% above area average per sq ft
Potential ROI
-13.7%
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

Derby Road, 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
£4,030
Based on a loan of £825,000 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