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Old Mill Lane, Formby, Liverpool, L37

North West

£300,000
Listed on 27/04/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1380 sqft

Description

This substantial semi-detached house features four bedrooms and extends to over 1,380 square feet, all nestled within a generous rear garden—ideal for those looking to create their dream home in close proximity to Formby Village. Owned by the same family for decades since 1965, this property presents a unique opportunity for buyers to modernise and personalise their living space from a blank canvas. The ground floor showcases an inviting entrance hall leading into a front-facing lounge that benefits from a bay window, seamlessly connecting to a cozy rear sitting room with an open fire. Adjacent is a separate dining room that flows into an extended kitchen, providing lovely views of the expansive garden and direct access outside. On the first floor, the main bedroom is generously sized with two windows enhancing its brightness. Accompanied by three additional bedrooms and a notably spacious shower room, there's ample accommodation for family living. Outside, the property includes off-road parking and an attached garage alongside a large mature garden—presenting excellent outdoor space with significant potential for enhancements upon obtaining any necessary permissions. While some modernisation is required throughout, this property offers considerable scale, location advantages, and investment potential awaiting your vision.

Investment Analysis

(L37 area)

Below Market Value

This property is priced -25.8% below area average per sq ft

-25.8%
Potential saving
This Property
£217/sq ft
Area Average
£293/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£444,926
10% above area average per sq ft
Potential ROI
+23.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Old Mill Lane, Formby, Liverpool, 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
£1,063
Based on a loan of £225,000 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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