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See how verdicts work3-bedroom bungalow · L37 1PT
For saleReduced £50k (−7.1%) on 26 SepListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
KO1148 - The Evergreens is an extensively upgraded three-bedroom detached dormer bungalow in a highly desirable road in Formby, offering over 1,500 sq ft of move-in-ready accommodation arranged principally across the ground floor.
Two reception rooms, a separate home office, modern kitchen with integrated appliances, two ground-floor bedrooms and a luxurious family bathroom are complemented by a private upper-floor primary suite with walk-in wardrobe and ensuite.
Set within an approximately 0.21-acre plot with mature gardens, paved terraces, off-street parking and a detached double garage, the property is within walking distance of Freshfield station and close to Formby village, the National Trust pinewoods and Formby Beach.
accommodation in brief - Entrance hall - Living room - Dining/garden room - Kitchen - Separate utility room - Study/office - Primary bedroom with ensuite and walk-in wardrobe - 2 Further bedrooms - Family bathroom outside - Approx.
0.21-acre plot - Paved driveway - Off-street parking for 3 vehicles - Gated pedestrian entry - Front lawns - Detached double garage - Paved terraces to rear - Rear lawn with mature borders - Alarm & CCTV - LED external lighting (automated dusk till dawn) - Walled and fenced boundaries property information Tenure: Freehold with vacant possession Services: Mains water, Electric, Mains gas, Double glazing, Gas central heating, Ultrafast broadband (estimated), Alarm, CCTV.
Council Tax Banding: F EPC: C Local Authority: Sefton Council, with One-stop shop at Southport found within The Atkinson, Lord Street, Southport, PR8 1DB Flood Risks None
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
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FAQ
About 8,The Evergreens, Firs Crescent, Formby
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