3-bedroom terraced house · L31 4LT
Sold STCListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying a delightful SEMI-RURAL POSITION between Formby and Lydiate, this attractive 1920s MID-TERRACED COTTAGE combines period charm with open countryside aspects and offers an exciting opportunity for those looking to create a home to their own specification.
Occupying a peaceful setting, the property retains character features including an original SLATE ROOF and an OPEN FIREPLACE to the front-facing lounge (chimney not tested).
While requiring a programme of refurbishment throughout, it provides a genuine blank canvas with excellent potential.
The accommodation comprises an entrance hall, FRONT-FACING LOUNGE, KITCHEN/DINER overlooking the rear and a ground floor bathroom. Upstairs there are THREE BEDROOMS.
Outside, there is a front garden with pathway leading to the property, whilst the enclosed rear yard benefits from TWO USEFUL BRICK-BUILT STORES, providing useful storage space.
Further benefits include OIL-FIRED CENTRAL HEATING and NO ONWARD CHAIN.
Set in a sought-after semi-rural location with open aspects nearby, this characterful cottage offers an excellent opportunity to refurbish and create a home tailored to your own tastes.
Early viewing is recommended.
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 Gore House Cottages, Cabin Lane, Lydiate, L31
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