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Redgate, Formby, Liverpool

North West

£195,000
Listed on 06/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1140 sqft

Description

This three-bedroom semi-detached property presents a promising opportunity for those seeking to invest in their future or create a family home. Located centrally in Redgate, Formby, the residence is within walking distance of Redgate Primary School, making it an attractive option for families and first-time buyers. Additionally, investors will find the location appealing due to its proximity to local amenities and Formby Village's shops, cafes, and transport links. The home features a driveway and garage, complemented by both front and rear gardens that offer outdoor space for potential enhancement. Inside, the layout includes an entrance hallway leading into a spacious lounge with patio doors that connect to the rear garden. The kitchen adjoins a dining room with a bay window, providing ample natural light. Upstairs, there are three well-sized bedrooms along with a family bathroom. While the property requires some modernisation, it holds significant potential to be transformed into an ideal living space. Viewing is encouraged to fully assess the possibilities this home has to offer.

Investment Analysis

(L37 area)

Below Market Value

This property is priced -41.7% below area average per sq ft

-41.7%
Potential saving
This Property
£171/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£312
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£367,610
10% above area average per sq ft
Potential ROI
+63.4%
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

Redgate, Formby, Liverpool
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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
£703
Based on a loan of £146,250 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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