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Victoria Road,Formby,Liverpool,L37 1LJ

North West

£1,000,000
Listed on 18/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
3500 sqft

Description

This substantial four-bedroom detached home is situated on a coveted corner plot in central Formby, offering nearly half an acre of land with dual access from Victoria Road and Larkhill Lane. The property presents significant renovation or redevelopment opportunities, pending the necessary planning approvals, in a highly desirable residential area known for its luxury developments. The surrounding environment boasts picturesque pinewoods and beautiful beaches, all within a short walking distance, while the vibrant village centre of Formby is conveniently located just five minutes away. This location not only enhances lifestyle appeal but also positions the property for strong future value appreciation due to ongoing demand for upscale homes in the vicinity.

Investment Analysis

(L37 area)

Below Market Value

This property is priced -2.5% below area average per sq ft

-2.5%
Potential saving
This Property
£286/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£312
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,128,628
10% above area average per sq ft
Potential ROI
+2.6%
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

Victoria Road,Formby,Liverpool,L37 1LJ
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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
£3,607
Based on a loan of £750,000 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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