4-bedroom semi-detached house · L37 3PE
Sold STCListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious FOUR-BEDROOM SEMI-DETACHED HOUSE, extended to provide over 1,380 SQ FT of accommodation and set within a particularly generous rear garden, all within walking distance of Formby Village.
Owned by the same family since 1965 and offered with NO ONWARD CHAIN, this is a genuine blank canvas for buyers looking to modernise and create a long-term family home.
The ground floor includes an entrance HALL, front-facing LOUNGE with bay window opening through to a rear SITTING ROOM with open fire.
A separate DINING ROOM sits to the rear of the house and leads into the EXTENDED KITCHEN, which enjoys views and access out to the garden.
To the first floor, the MAIN BEDROOM is positioned to the front and benefits from two windows, giving it a bright, open feel. There are THREE FURTHER BEDROOMS and a particularly SPACIOUS SHOWER ROOM.
Externally, the property has off-road parking, an attached GARAGE and a large, mature rear garden, offering excellent outside space and scope for future improvement, subject to any necessary consents.
The house now requires modernisation but offers scale, location and potential in equal measure.
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 Old Mill Lane, Formby, Liverpool, L37
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