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Priory Close, Formby, Liverpool L37

North West

£245,000

Listed on 15/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
992 sqft

Description

This three-bedroom semi-detached house presents a valuable investment opportunity, ideally situated on a corner plot with ample scope for future extensions, subject to obtaining the necessary planning permissions. The residence comprises an enclosed porch that leads into a welcoming hallway. The spacious lounge features doors that open into a dining area, creating a flexible living space. A functional kitchen at the rear is equipped with essential storage units and comes with pre-installed appliances; it also offers direct access to the sunny rear garden, which is low-maintenance thanks to its paved design. On the first floor, you'll find three bedrooms, all fitted with new doors, providing a blank canvas for personalisation. The family bathroom has been recently updated but remains untiled, allowing you to choose your own finishes. With front and rear gardens enhancing outdoor space and a driveway leading to the garage at the back of the property, this home caters well to family living while conveniently located near local shops and schools. The property is being offered without onward chain, making it an appealing option for prospective buyers looking for renovation potential.

Investment Analysis

(L37 area)

Below Market Value

This property is priced -17.2% below area average per sq ft

-17.2%
Potential saving
This Property
£247/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£303
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£325,560
10% above area average per sq ft
Potential ROI
+20.6%
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

Priory Close, Formby, Liverpool L37
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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
£926
Based on a loan of £183,750 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

-2.0% since listed
£245,000£5,000(-2.0%)
03/05/2026
Current price
£250,000Initial listing
17/03/2026

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