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Tyrers Close, Formby, Liverpool, L37 - Image 1
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Tyrers Close, Formby, Liverpool, L37

North West

£325,000
Listed on 27/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1487 sqft

Description

This semi-detached house, featuring three bedrooms, presents a solid investment opportunity for those keen on renovating and personalizing their living space. Nestled in a tranquil cul-de-sac, this property is conveniently located within walking distance of the village, providing an ideal setting for families looking for both peace and accessibility. The interior boasts a welcoming entrance hall that features parquet flooring, leading to two reception rooms: a bright lounge with a large picture window and a dining room that overlooks a generously sized west-facing rear garden. The kitchen's connection to the dining area offers significant potential for creating an open-plan layout, catering to contemporary living preferences. The detached garage adds versatility; it can serve as additional storage or be transformed into a workshop or hobby space, contingent on obtaining the necessary permissions. Upstairs comprises three well-proportioned bedrooms—two spacious doubles and a third bedroom suitable for various uses—along with a bathroom and separate WC. The straightforward layout lends itself well to refurbishment or modernization tailored to individual tastes. Notably, the absence of an onward chain allows the next owner to embark on renovation projects without delay. A highlight of this property is its expansive rear garden, beautifully private and enjoying abundant afternoon sunlight due to its favorable aspect. With mature trees framing the long lawn, there is ample opportunity for landscaping and creating dedicated recreational or entertaining areas, significantly enhancing both the outdoor experience and overall value of the home.

Investment Analysis

(L37 area)

Below Market Value

This property is priced -25.4% below area average per sq ft

-25.4%
Potential saving
This Property
£219/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£312
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£479,505
10% above area average per sq ft
Potential ROI
+33.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
53%
Properties sold annually

Local Market Trend (L37)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +3.9%
5 year growth: +14.3%
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

Tyrers Close, Formby, Liverpool, L37
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,172
Based on a loan of £243,750 over 30 years at 4.06% 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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