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See how verdicts work4-bedroom semi-detached house · L31 4LT
Sold STCListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying a delightful SEMI-RURAL POSITION between Formby and Lydiate, this attractive 1920s END-TERRACED COTTAGE combines period charm with open countryside aspects and offers an exciting opportunity for those looking to create a home to their own specification.
Occupying a peaceful setting, the property retains character features including an original SLATE ROOF.
Originally built as TWO SEPARATE COTTAGES and later combined into one substantial family home, it now offers generous accommodation complemented by an equally impressive plot, providing excellent scope for refurbishment and modernisation.
The accommodation comprises an ENTRANCE HALL, spacious DUAL ASPECT LOUNGE, rear KITCHEN, side porch providing access to the garden, and a separate FRONT-FACING SITTING ROOM.
Upstairs, there are FOUR GOOD-SIZED BEDROOMS and a family bathroom. Outside, a front garden with pathway leads to the property.
To the rear is an enclosed courtyard with FOUR BRICK-BUILT OUTBUILDINGS, offering excellent storage or workshop potential.
The generous side garden enjoys a SUNNY SOUTH-FACING ASPECT and provides AMPLE OFF-ROAD PARKING, creating an excellent outdoor space with plenty of potential.
Further benefits include LPG GAS CENTRAL HEATING and NO ONWARD CHAIN.
Requiring a programme of refurbishment throughout, this is a genuine BLANK CANVAS and a rare opportunity to create a stunning semi-rural home in a sought-after location. Early viewing is recommended.
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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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.
Area
Agent & docs
FAQ
About Gore House Cottages, Cabin Lane, Lydiate, L31
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