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Funchal Avenue, Formby

North West

£600,000
Listed on 09/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1533 sqft

Description

This four-bedroom detached home, designed by Liverpool University in the 1950s, showcases mid-century architecture and is situated on a generous plot with wraparound gardens. The property includes a driveway and a detached garage, enhancing its appeal for families and those seeking space. The existing layout spans two floors, offering a solid foundation for modern renovation. A welcoming porch leads into a spacious entrance hallway that features convenient storage and a WC. The dual-aspect lounge benefits from abundant natural light and views of the garden, while an additional sitting room and a kitchen that connects to the dining area provide versatile living spaces. Upstairs, you'll find four well-sized bedrooms. Notably, the primary bedroom boasts access to a private balcony—an inviting spot for enjoying morning coffee amid tranquil surroundings. A family bathroom completes this level of the home. One of the standout features of this property is its expansive loft space, which presents further opportunities for development or conversion subject to planning permissions. Outside, the beautifully landscaped gardens not only create an enjoyable outdoor environment but also offer ample space for children's play or potential extensions. Located in Formby, this home benefits from proximity to reputable schools, local amenities, and accessible transport links, making it appealing to families or investors looking for future rental potential. This property presents an exciting opportunity to reimagine and enhance one of Formby’s original mid-century homes in a sought-after area.

Investment Analysis

(L37 area)

Above Market Value

This property is priced +33.1% above area average per sq ft

+33.1%
This Property
£391/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
£495,688
10% above area average per sq ft
Potential ROI
-28.2%
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

Funchal Avenue, Formby
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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
£2,198
Based on a loan of £450,000 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