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See how verdicts work3-bedroom house · L37 2DD
Sold STCListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
“COTTAGE IN THE WOODS” – A RARE COASTAL REDEVELOPMENT OPPORTUNITY set within approximately ONE ACRE of mature woodland in one of Formby’s most exclusive and tightly held locations.
Hidden away along a PRIVATE ACCESS ROAD and surrounded by National Trust pinewoods, open land and coastal scenery, the property offers an exceptionally rare opportunity to acquire a unique freehold plot with outstanding potential for redevelopment, subject to the necessary planning consents.
The existing accommodation comprises a CHARMING SINGLE-STOREY COTTAGE together with a DETACHED DOUBLE GARAGE, both positioned centrally within the grounds and enveloped by established mixed woodland.
The setting provides a wonderful sense of peace and tranquillity, creating a true “cottage in the woods” atmosphere, whilst importantly never feeling isolated.
The PLOT enjoys stunning natural surroundings with open aspects towards the sand dunes and the wider coastline, together with direct access into the pinewoods and nearby coastal paths.
Formby Beach is only a short walk away, offering a lifestyle closely connected to nature and the outdoors.
Despite the idyllic SEMI-RURAL SETTING, Formby Village and its excellent range of shops, cafés, restaurants and everyday amenities remain within easy reach, combining privacy and seclusion with convenience in a way that is rarely available within the area.
This is a site that offers buyers the opportunity to create something truly special, whether reimagining the existing accommodation or designing a bespoke replacement dwelling tailored entirely to individual requirements.
Opportunities of this nature, scale and position are exceptionally uncommon within Formby’s coastal belt.
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 Kirklake Road, Formby, Liverpool, L37
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