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Priory Close, Formby, Liverpool

North West

£245,000

Listed on 06/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
992 sqft

Description

This three-bedroom semi-detached house is positioned on a desirable corner plot, presenting significant potential for future expansion, pending planning approval. The property features an enclosed porch leading to a hallway, a lounge that flows into a dining area, and a kitchen with ample storage space and two windows that illuminate the room. The first floor comprises three bedrooms with recently fitted doors, including a master bedroom with built-in wardrobes. The family bathroom has been modernized but remains untiled, allowing for personal customization in style and color. Outside, the property boasts both front and rear gardens; the latter benefits from a low-maintenance paved design that's ideal for outdoor gatherings. A driveway provides off-road parking and access to a garage at the rear. This home’s proximity to local amenities and transport links makes it particularly appealing for families and investors alike. Offered for sale without any onward chain, this house is an excellent opportunity for those looking to invest in a property with renovation possibilities.

Investment Analysis

(L37 area)

Below Market Value

This property is priced -17.2% below area average per sq ft

-17.2%
Potential saving
This Property
£247/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£303
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£325,560
10% above area average per sq ft
Potential ROI
+20.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (L37)

Area prices are falling by -8.1% over the last 12 months
3 year growth: -1.8%
5 year growth: +5.1%
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

Priory Close, Formby, Liverpool
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£926
Based on a loan of £183,750 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-2.0% since listed
£245,000£5,000(-2.0%)
01/05/2026
Current price
£250,000Initial listing
06/03/2026

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