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St. Peters Avenue, Formby, Liverpool

North West

£625,000

Listed on 03/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

Situated in the desirable area of Formby, this detached bungalow presents a unique investment opportunity with substantial potential for refurbishment and expansion. While the property boasts three bedrooms and two bathrooms that are already tastefully finished, there is scope for further enhancement. The property's layout includes a spacious entrance hall that leads to a bright lounge featuring an expansive bay window overlooking the gardens, as well as a generous kitchen-dining area perfect for gatherings. A standout feature is the converted garage, currently used as a studio; this versatile space could easily function as an office or gym and has the potential for conversion into a self-contained annexe with appropriate planning approval. Additionally, approved planning exists for extensions to the front, rear, and side of the bungalow, allowing you to craft your dream home tailored to modern living needs. Set on a generous plot with mature gardens, this property combines privacy with accessibility to local amenities. This bungalow offers not just a home but also an exciting canvas for future developments.

Investment Analysis

(L37 area)
Area Average
£298/sq ft
Avg Rent (weekly)
£303
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
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

St. Peters Avenue, 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
£2,361
Based on a loan of £468,750 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.

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