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Brooks Road, Formby, Liverpool

North West

£410,000

Listed on 21/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1624 sqft

Description

This three-bedroom detached bungalow presents a generous opportunity for renovation, catering well to those looking to personalize their living space. The layout includes a welcoming enclosed porch, a hallway flowing into a spacious lounge that seamlessly connects to the dining area, and an adjoining kitchen that leads into an expansive conservatory at the rear of the property. The conservatory creates an open-plan atmosphere ideal for family gatherings or entertaining. The property features three bedrooms alongside a family bathroom and an additional converted wet room. Outside, you will find a sizable private garden complemented by a block-paved driveway and side garage access. While situated in a serene location close to amenities including local shops, parks, and Formby village, this bungalow is ripe for modern updates and personal touches. This opportunity is made even more appealing with no onward chain, allowing for swift renovations and potential resale gains.

Investment Analysis

(L37 area)

Below Market Value

This property is priced -14.7% below area average per sq ft

-14.7%
Potential saving
This Property
£252/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£340
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£528,864
10% above area average per sq ft
Potential ROI
+17.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (L37)

Area prices are falling by -7.5% over the last 12 months
3 year growth: -2.2%
5 year growth: +6.1%
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

Brooks Road, Formby, Liverpool
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,463
Based on a loan of £307,500 over 30 years at 3.97% 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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