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Andrews Lane, Formby, Liverpool

North West

£425,000

Listed on 25/03/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1507 sqft

Description

This spacious semi-detached home features four bedrooms and is located in a highly sought-after area of Formby. It offers significant potential for renovation and reconfiguration, making it an appealing investment for families looking to grow within this desirable location. The property boasts multiple reception rooms on the ground floor, providing the flexibility to adapt spaces according to personal needs or modern living trends. Furthermore, there is ample opportunity for extension, pending necessary planning permissions, which would further enhance the property's value and usability. The generous bedrooms and a spacious family bathroom on the first floor cater well to family dynamics, while outside offers a gravel driveway with parking for several vehicles and a private rear garden that’s ideal for leisure activities. Given its prime location near schools and transport links, this home presents an exciting prospect for those looking to invest in a property with room to grow.

Investment Analysis

(L37 area)

Below Market Value

This property is priced -5.5% below area average per sq ft

-5.5%
Potential saving
This Property
£282/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£303
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£494,575
10% above area average per sq ft
Potential ROI
+6.4%
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

Andrews Lane, 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
£1,606
Based on a loan of £318,750 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

-5.6% since listed
£425,000£25,000(-5.6%)
20/05/2026
Current price
£450,000Initial listing
16/05/2026

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