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Kings Road, Formby, Liverpool

North West

£350,000
Listed on 09/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1205 sqft

Description

This spacious three-bedroom bungalow presents a unique opportunity for those looking to invest in a well-located property with significant potential. Constructed in 1987 by the reputable Mike Truman, this home has been carefully maintained by its original owners and sits on an expansive plot that benefits from south-facing gardens, providing abundant natural light throughout the day. The generous off-road parking facilities, accommodating up to three vehicles alongside a single garage, make this property an attractive option for both downsizers and families seeking single-level living with room for enhancement. Stepping inside, you will find a thoughtful layout that includes wide hallways and ample living space. The accommodation features three well-sized bedrooms, one currently functioning as a study—perfect for remote work or hobbies. The inviting living spaces receive plenty of daylight and are complemented by a conservatory that offers additional room for relaxation while overlooking the garden. While the interior could benefit from modern updates to align with contemporary tastes, this aspect adds to the property's appeal as it allows new owners the chance to customize their living environment according to their preferences. Notably, there is also a partially boarded loft accessible via a pull-down ladder—this area holds excellent potential for conversion into further living space, pending necessary planning permissions. Situated within walking distance of Formby train station, local amenities in Formby Village, and Duke Street Park's green spaces, this bungalow represents not only a home but also an investment opportunity in an area known for its desirability.

Investment Analysis

(L37 area)

Below Market Value

This property is priced -1.6% below area average per sq ft

-1.6%
Potential saving
This Property
£290/sq ft
Area Average
£295/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£391,155
10% above area average per sq ft
Potential ROI
+0.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (L37)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 4.6%
5 year growth: 14.9%
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

Kings Road, Formby, Liverpool
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE