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See how verdicts work2-bedroom bungalow · L37 8BY
For saleReduced £10k (−3.4%) on 28 AugListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming 2-Bed Detached Bungalow In Sought-After Formby Nestled in the highly sought-after coastal town of Formby, Merseyside, this charming two-bedroom detached bungalow offers an exceptional opportunity for prospective buyers looking to create their ideal home.
The property, available for sale, boasts a prime location renowned for its excellent local amenities, reputable schools, and stunning natural surroundings, including the famous Formby Pinewoods and beach.
Upon entering, you are greeted by a welcoming atmosphere that extends throughout the spacious living areas.
The bungalow features two well-proportioned reception rooms, providing versatile spaces perfect for both relaxation and entertaining.
Whether you envision a cosy lounge for quiet evenings or a vibrant dining area for family gatherings, these rooms offer ample scope to be tailored to your personal taste and lifestyle.
The layout is practical and flows well, ensuring comfortable day-to-day living. The property comprises two comfortable bedrooms, offering peaceful retreats.
These rooms are bright and airy, ready to be transformed into personalised sanctuaries. A single well-appointed bathroom serves the property, providing all necessary facilities.
While the bungalow is perfectly liveable as is, it presents a fantastic opportunity for modernisation, allowing new owners to infuse their own style and enhance its value.
Externally, the property benefits from a private rear garden, offering a tranquil outdoor space for gardening enthusiasts, al fresco dining, or simply unwinding in the fresh air.
The garden provides a secure environment for children and pets, making it an ideal family home.
A significant advantage of this property is the detached rear garage, providing secure parking or valuable additional storage space, a highly desirable feature in any residential area.
Formby itself is a vibrant community with a strong sense of local pride. Residents enjoy easy access to a range of independent shops, supermarkets, cafes, and restaurants.
Excellent transport links, including Formby railway station, connect the town to Liverpool and Southport, making it an ideal location for commuters.
The area is also celebrated for its recreational opportunities, from golf courses to nature reserves, ensuring there is always something to do for all ages.
This detached bungalow represents a superb chance to acquire a property in a premium location with significant potential for enhancement.
It is an ideal purchase for first-time buyers, downsizers, or those looking for a renovation project in a desirable area.
Viewing is highly recommended to fully appreciate the potential and charm this Formby home has to offer.
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 85 Bull Cop, Formby, Merseyside
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