We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom detached house · L37 3HJ
Listing removedReduced £50k (−5.9%) on 20 JunListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fabulous and exceptionally spacious four-bedroom detached dormer bungalow, perfectly positioned on the ever desirable Old Town Lane in Freshfield, Formby.
Offering versatile and flexible living accommodation throughout, this impressive home is ideal for a range of buyers and is offered with no vendor chain delay.
Occupying a generous plot, the property benefits from a gated driveway providing ample off-road parking for multiple vehicles, along with a detached garage and workshop, perfect for storage or hobby use.
Upon entering, you are welcomed into a bright and inviting reception hallway with space for a dining area, creating an excellent first impression. There is also a convenient ground floor W.C.
The heart of the home is the stylish kitchen & breakfast room, fitted with quartz work surfaces, a central island and a range of integrated appliances, offering both practicality and a sociable layout.
The lounge is a standout feature, complete with a striking slate media wall and fire, flowing seamlessly into a k-glass conservatory with French doors opening onto the beautifully landscaped rear garden, allowing for an abundance of natural light and ideal indoor-outdoor living.
A separate laundry room adds further convenience.
To the ground floor, the property boasts a generous primary bedroom with en-suite shower room, a second double bedroom and a well-appointed family bathroom, making it perfectly suited for those seeking ground floor living.
To the first floor, landing leads to two further bedrooms and an occasional room, currently utilised as a home office, offering flexibility for modern lifestyles.
Externally, the property truly excels with large, established gardens, thoughtfully designed to provide multiple areas to relax and enjoy the sun throughout the day, creating a private and tranquil setting.
Ideally located close to local amenities and within a short distance of Formby Village, this is a rare opportunity to acquire a substantial home in a highly sought-after location.
Viewing is essential to fully appreciate all that this exceptional property has to offer. Contact Abode today to arrange your appointment. Do not forget to check the stamp duty calculator
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 35, Old Town Lane, Formby
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