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See how verdicts work5-bedroom house · L37 3JG
For saleReduced £50k (−3.8%) on 8 OctListed 289 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An Exceptional Victorian Residence on Wicks Lane, Formby.......
Set behind gates on one of Formby’s most prestigious and sought-after roads, this striking five-bedroom detached Victorian residence occupies a magnificent half-acre plot, beautifully enveloped by established, manicured gardens.
From the moment of arrival, the home commands attention, with a stunning and symmetrical Victorian façade, an elegant in-and-out driveway, and a traditional Victorian lamp lending an immediate sense of grandeur and occasion.
Rich in period architecture and original ornate features, the property has been sympathetically restored and thoughtfully enhanced by the current owners, creating a rare blend of historic charm and refined modern living.
High ceilings, detailed cornicing, and characterful proportions flow throughout, reflecting the quality and craftsmanship of the Victorian era.
The ground floor offers an impressive array of versatile living spaces, including three elegant reception rooms, ideal for both formal entertaining and relaxed family life.
A beautiful traditional country-style kitchen sits at the heart of the home, complemented by a dining area, conservatory, laundry room, and a ground floor W.C.
To the first floor are four generously proportioned bedrooms, served by a family bathroom.
The principal suite is particularly noteworthy, featuring a luxurious and expansive en-suite bathroom complete with a freestanding bath, walk-in shower, and his-and-hers wash basins.
The upper floors provide further flexibility, with a fifth bedroom currently utilised as a home office, and two additional spacious loft rooms on the top floor, currently used as bedrooms, offering ideal accommodation for guests, teenagers, or creative space.
Externally, the property is wrapped in beautifully landscaped gardens that provide privacy, tranquillity, and a wonderful sense of space, all set within approximately half an acre.
A substantial detached double garage sits discreetly within The grounds and, subject to the appropriate planning permissions, offers excellent potential to create an annexe or additional accommodation.
Private, elegant, and rich in character, this is a truly outstanding home in one of Formby’s most desirable locations.
An exceptional opportunity that must be experienced to be fully appreciated call Abode today.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 20, Wicks Lane, Formby
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