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Formosa Drive, Fazakerley, Merseyside, L10

North West

£120,000

Listed on 21/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
807 sqft

Description

Nestled in the thriving neighborhood of Fazakerley, this three-bedroom mid-terrace home presents a compelling opportunity for buyers eager to create their ideal living space. The property is in need of comprehensive modernization, making it a prime candidate for first-time buyers, families seeking to establish roots, or investors looking for a promising project.

Accessed via a front garden that leads to the entrance hall, the layout includes a spacious living room that can easily accommodate both seating and dining areas, seamlessly connecting to the rear kitchen. At the back of the house, a small hallway opens up to a family bathroom equipped with three pieces and provides direct entry to a generously sized rear garden, perfect for outdoor activities or gatherings.

The upper floor features two roomy double bedrooms alongside a well-sized single bedroom, offering ample possibilities for comfortable living spaces. With its sizable rooms and abundant potential for enhancement, this property stands out as an ideal renovation project within a well-established community. Early viewings are encouraged.

Located on Formosa Drive in Fazakerley L10, this home benefits from proximity to an array of local amenities and fantastic transport links making it suitable for both families and commuting professionals. Residents will appreciate nearby shops, schools, leisure facilities, and parks, along with straightforward access to Liverpool City Centre via road and public transport. The area also boasts quick connections to the motorway network for easy travel across Merseyside and beyond.

Investment Analysis

(L10 area)

Below Market Value

This property is priced -24.9% below area average per sq ft

-24.9%
Potential saving
This Property
£149/sq ft
Area Average
£198/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£175,676
10% above area average per sq ft
Potential ROI
+13.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (L10)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +16.8%
5 year growth: +33.4%
Investment Disclaimer: Analysis based on L10 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

Formosa Drive, Fazakerley, Merseyside, L10
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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
£428
Based on a loan of £90,000 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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