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College Avenue, Formby, L37

North West

£600,000
Listed on 09/04/2026

Property Details

Bedrooms
6
Type
Semi Detached
Area
4359 sqft

Description

This substantial semi-detached Victorian residence, built around 1890, offers significant renovation potential for buyers looking to invest in a historic property in a sought-after location. The elegant façade and well-kept gardens on Victoria Road enhance the curb appeal, making it a desirable prospect for families and investors alike. Inside, the ground floor features three sizeable reception rooms that provide versatile layout options for living and dining, along with a generously proportioned kitchen and a separate utility room catering to modern family needs. A downstairs WC adds convenience while a steam room presents an opportunity for personal relaxation. On the first floor, four spacious bedrooms are complemented by a family bathroom, all connected by an impressive landing accessed via a classic staircase. The master bedroom boasts a large contemporary ensuite bathroom, ideal for comfortable living. Two additional bedrooms on the second floor offer flexibility for guests or growing families. Additionally, this property comes with previously approved planning permissions for building a detached dwelling in the rear garden area (now lapsed), signaling future development potential subject to necessary updates. The absence of an onward chain provides an opportunity for swift acquisition and remodel.

Investment Analysis

(L37 area)

Below Market Value

This property is priced -53.0% below area average per sq ft

-53.0%
Potential saving
This Property
£138/sq ft
Area Average
£293/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,405,385
10% above area average per sq ft
Potential ROI
+103.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (L37)

Area prices are falling by -5.5% over the last 12 months
3 year growth: -1.3%
5 year growth: +9.3%
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

College Avenue, Formby, L37
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,125
Based on a loan of £450,000 over 30 years at 3.91% 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

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