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Funchal Avenue, Formby L37 - Image 1
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Funchal Avenue, Formby L37

North West

£550,000
Listed on 17/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
1533 sqft

Description

This distinctive four-bedroom detached house, designed by Liverpool University in the 1950s, stands on a generous plot in Formby, featuring wraparound gardens and a detached garage. The property encapsulates mid-century architectural charm while presenting an excellent canvas for those looking to invest in renovation. The beautifully landscaped gardens offer ample space for outdoor activities or potential extensions, pending planning approval. Inside, the layout spans two floors with an inviting porch leading to a spacious hallway equipped with storage and a W.C. A bright dual-aspect lounge showcases views of the garden, complemented by a separate sitting room and a kitchen that flows into the dining area—ideal for modern family living. The upper floor comprises four sizable bedrooms, including a primary suite with access to a private balcony—a tranquil spot for morning moments. A family bathroom serves this level, while the loft area holds significant promise for conversion due to its excellent head height. Located near highly-rated schools and local amenities, this property offers an outstanding opportunity to transform into your ideal home in one of Formby's sought-after neighborhoods.

Investment Analysis

(L37 area)

Above Market Value

This property is priced +22.4% above area average per sq ft

+22.4%
This Property
£359/sq ft
Area Average
£293/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£494,255
10% above area average per sq ft
Potential ROI
-24.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (L37)

Area prices are falling by -5.5% over the last 12 months
3 year growth: -1.3%
5 year growth: +9.3%
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

Funchal Avenue, Formby L37
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,948
Based on a loan of £412,500 over 30 years at 3.91% 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.

Price History

-8.3% since listed
£550,000£50,000(-8.3%)
17/03/2026
Current price
£600,000Initial listing
17/11/2025

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