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See how verdicts work2-bedroom flat
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious 2-Bed Formby Apartment With Private Entrance, O.I.E.O.
£75K Nestled in the highly sought-after coastal town of Formby, Merseyside, this delightful two-bedroom apartment presents an exceptional opportunity for first-time buyers, downsizers, or investors.
Offered for sale with offers in excess of £75,000, this property combines modern living with a convenient location, ensuring a comfortable and appealing lifestyle.
Upon entering, you are greeted by a private entrance, leading directly into the heart of the home. The accommodation immediately impresses with its bright and airy open-plan kitchen and living area.
This generously proportioned space is designed for contemporary living, providing a versatile environment for relaxation, dining, and entertaining.
Large windows allow an abundance of natural light to flood the room, enhancing the sense of space and warmth.
The fitted kitchen is a true highlight, boasting a stylish breakfast bar that serves as a focal point for casual meals and social interaction.
Equipped with a gas hob and an integrated oven, it offers both functionality and modern aesthetics.
Ample storage and worktop space ensure that culinary tasks are a pleasure, making this kitchen a practical and attractive feature of the home.
The apartment comprises two well-proportioned bedrooms, each offering a peaceful retreat.
Both rooms are finished with neutral décor, providing a blank canvas for new owners to personalise to their taste.
These bedrooms are ideal for a small family, guests, or for creating a dedicated home office space, catering to a variety of needs.
Completing the internal accommodation is a three-piece family bathroom.
This well-appointed bathroom features contemporary fixtures and fittings, offering a comfortable and functional space for daily routines.
The neutral tiling and clean lines contribute to a fresh and inviting atmosphere.
Further benefits of this charming apartment include gas central heating, ensuring warmth and comfort throughout the year, and the consistent neutral décor that runs throughout the property, creating a cohesive and welcoming ambiance.
The private entrance adds an extra layer of exclusivity and convenience, a desirable feature for apartment living.
Situated in a convenient Formby location, residents will benefit from easy access to local amenities, including shops, supermarkets, cafes, and restaurants.
Formby is renowned for its beautiful coastline, pinewoods, and excellent transport links, making it an ideal place to call home.
Commuters will appreciate the proximity to public transport routes and major road networks, connecting them to Liverpool city centre and beyond.
This two-bedroom apartment offers an excellent opportunity to acquire a well-maintained and attractively presented home in a desirable Merseyside location.
Early viewing is highly recommended to fully appreciate the quality and appeal of this property.
Landlords and investors are encouraged to contact us for further details on rental potential and investment returns.
Leasehold Information: 999 year lease from start date Ground Rent: Tbc Service Charge: Tbc
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.
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About Formby, Merseyside
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