2-bedroom bungalow · L37 3PR
Listing removedListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious Semi- Detached Bungalow In Desirable Formby, Excellent Potential Nestled in the highly desirable coastal town of Formby, Merseyside, this spacious two-bedroom semi-detached bungalow offers an exceptional opportunity for those seeking practical single-level living with significant potential for enhancement.
Priced at Offers in Excess of £200,000, this property is a true gem waiting to be discovered. Upon arrival, you are greeted by a generous frontage.
Step inside to find a well-proportioned layout, designed for comfort and convenience. The bungalow boasts two reception rooms, offering versatile spaces for relaxation, dining, or even a home office.
The main living area is bright and inviting, benefiting from excellent natural light that floods the interior, creating a warm and welcoming atmosphere.
The heart of this home extends to a delightful conservatory, a perfect spot to enjoy the garden views throughout the seasons.
This additional space provides a seamless connection to the outdoors, ideal for entertaining or simply unwinding with a cup of tea.
The private and low-maintenance garden is a tranquil oasis, offering a peaceful retreat without the demands of extensive upkeep, making it perfect for those who appreciate outdoor space without the fuss.
Accommodation comprises two well-proportioned bedrooms, each offering comfortable dimensions and the potential to be transformed into personal sanctuaries.
The single bathroom serves both bedrooms, providing all necessary facilities.
While the property is well-maintained, it also presents excellent potential throughout for prospective buyers to modernise and personalise to their exact tastes and specifications, truly making it their own.
Location is paramount, and this bungalow excels in that regard.
Situated in a prime Formby location, residents will benefit from being close to a wealth of local amenities, including independent shops, supermarkets, cafes, and restaurants.
Excellent transport links are also within easy reach, providing convenient access to Liverpool city centre and beyond, whether by road or rail.
The renowned Formby beach, with its stunning natural beauty and pine forests, is just a short distance away, offering endless opportunities for leisure and outdoor activities.
This property represents a fantastic opportunity to acquire a detached bungalow in a highly sought-after area, combining practical living with the scope for significant value addition.
Early viewing is highly recommended to fully appreciate the potential and charm this Formby home has to offer.
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 88 Smithy Green, Formby, Merseyside
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