3-bedroom semi-detached house · L37 6AU
Sold STCReduced £5k (−2.1%) on 5 FebListed 421 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the sought-after area of Formby, this property on Altcar Lane presents a fantastic opportunity for first-time buyers or investors.
This three-bedroom, semi-detached home offers a practical layout with ample potential for personalisation.
Nestled in the sought-after area of Formby, this property on Altcar Lane presents a fantastic opportunity for first-time buyers or investors.
This three-bedroom, semi-detached home offers a practical layout with ample potential for personalisation.
Upon entering, you’re welcomed by a spacious entrance hall leading to an open-plan lounge and dining area, perfect for modern family living and entertaining.
The fitted kitchen provides a functional space with direct access to the rear garden. Upstairs, you’ll find three well-proportioned bedrooms, ideal for a family or those needing home office space.
The family bathroom serves the upper floor, providing essential convenience for all residents.
While the property is in need of some cosmetic upgrades, it offers a blank canvas for those looking to add their own touch and increase value.
Externally, the property benefits from both front and rear gardens. The rear garden includes a patio area—ideal for outdoor dining—and a handy storage shed.
Driveway parking is available at the front, ensuring practical off-street parking.
Located close to local amenities, schools, and transport links, this home combines convenience with the charm of the Formby area. Viewing is highly recommended to appreciate its potential.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 15 Altcar Lane
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