3-bedroom semi-detached house · L37 2FE
Sold STCListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A BEAUTIFULLY PRESENTED Redrow-built home, constructed in 2020 and occupying a pleasant position within a popular modern development.
The property is ideally placed for access to the Hightown path and the woodland walk leading towards the beach, making it an excellent choice for those who enjoy the outdoors.
The accommodation is well planned and finished in a contemporary style throughout.
A welcoming entrance hall leads to a FRONT-FACING LOUNGE, while to the rear there is a spacious DINING KITCHEN fitted with a range of modern units and integrated appliances.
The dining area opens into a CONSERVATORY, providing additional living space and enjoying views over the rear garden. A useful GROUND FLOOR WC completes the accommodation at this level.
To the first floor there are THREE BEDROOMS and a FAMILY BATHROOM.
The principal bedroom benefits from an EN-SUITE SHOWER ROOM, while the remaining bedrooms are well proportioned and suitable for family living, guests or home working.
Outside, the property benefits from OFF-ROAD PARKING FOR TWO CARS to the front and an ENCLOSED REAR GARDEN with lawn and patio areas, providing a pleasant space for outdoor dining and entertaining.
A stylish modern home requiring no work and AVAILABLE FOR IMMEDIATE VIEWING.
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 Grangewood Close, Formby, Formby, L37
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