We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom detached house · L37 4BB
Listing removedListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
EXTENDED DETACHED DORMER BUNGALOW occupying a highly sought-after residential position within easy walking distance of Formby Village, the train station and a range of local amenities, whilst also enjoying a sunny SOUTH/WEST-FACING REAR GARDEN.
Constructed in the 1980’s by respected local builder Mike Truman, the property offers FLEXIBLE AND VERSATILE accommodation that will appeal to a variety of buyers, including downsizers, families and those seeking the option of SINGLE-LEVEL LIVING.
The accommodation is well maintained throughout and comfortable to move straight into, whilst still offering excellent scope for cosmetic updating and renovation to suit individual tastes and requirements.
The layout briefly comprises a WELCOMING ENTRANCE HALL, spacious rear LOUNGE with feature fireplace opening into a bright and airy SUN ROOM EXTENSION with vaulted ceiling and French doors overlooking the rear garden.
There is a well-proportioned DINING KITCHEN together with a SEPARATE UTILITY ROOM.
To the ground floor there is also a DOUBLE BEDROOM and modern SHOWER ROOM, ideal for buyers seeking ground floor accommodation.
To the first floor, there are TWO FURTHER GOOD-SIZED BEDROOMS together with a FAMILY BATHROOM.
A particular feature of the property is the EXCELLENT LOFT AND EAVES STORAGE, ideal for downsizers requiring additional practical space.
Outside, the property benefits from OFF-ROAD PARKING for two vehicles leading to a DOUBLE GARAGE.
The enclosed rear garden enjoys a favourable SOUTH/WESTERLY ASPECT and offers a good degree of privacy. Offered with NO ONWARD CHAIN.
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 Kings Road, Formby, Liverpool, L37
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