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Piercefield Road, Formby, Liverpool, L37

North West

£800,000
Listed on 13/03/2026

Property Details

Bedrooms
6
Type
Detached house
Area
3231 sqft

Description

This substantial detached house sits on an impressive 0.42-acre plot with a desirable south-facing rear aspect, providing a valuable opportunity for both renovation and development. Located on one of Formby’s sought-after roads, the property boasts over 3,200 sq ft of living space filled with character features that could be restored to create a stunning family home. Alternatively, there is considerable potential for redevelopment to accommodate multiple dwellings or apartments, subject to obtaining the necessary planning permissions. The entrance hall welcomes you into spacious interiors where generous proportions are evident throughout. The lounge is a well-lit reception area, complemented by a separate dining room and an additional sitting room offering versatile spaces ideal for family gatherings or entertaining guests. At the rear, the kitchen benefits from a useful pantry, while practical features such as a cloakroom and ground floor WC enhance its functionality. The property's layout presents opportunities for reconfiguration to modernise the layout if desired. Upstairs, the first floor comprises six bedrooms along with a bathroom and a separate shower room, arranged around a central landing—ideal for accommodating families. Externally, the large garden not only provides ample outdoor space but also emphasizes the site's development possibilities. With no onward chain attached to this property, it stands ready for those looking to embark on an ambitious renovation project or explore its full potential as an investment.

Investment Analysis

(L37 area)

Below Market Value

This property is priced -15.1% below area average per sq ft

-15.1%
Potential saving
This Property
£248/sq ft
Area Average
£292/sq ft
Avg Rent (weekly)
£334
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,036,376
10% above area average per sq ft
Potential ROI
+9.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (L37)

Area prices are falling by -6.2% over the last 12 months
3 year growth: -1.7%
5 year growth: +7.5%
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

Piercefield Road, 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
£2,885
Based on a loan of £600,000 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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