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SOLD STC

3 bedroom end of terrace house for sale

Royal Crescent, Formby, Merseyside, L37 6BA

PROPERTY TYPE

End of Terrace

BEDROOMS

3

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • ATTENTION DEVELOPERS
  • INVESTMENT OPPORTUNITY
  • CASH BUYERS ONLY
  • In need of renovation
  • Offering scope to extend, subject to the planning permission
  • Three double bedrooms
  • End of terrace
  • Spacious kitchen with a handy coal/store room.
  • Good size garden
  • No chain

Description


Presenting a unique and compelling investment opportunity, this three-bedroom end-of-terrace house in the highly sought-after area of Formby is now available for sale. Offered at Offers In Region Of (OIRO)
£170,000, this property is specifically aimed at developers and cash buyers, providing a blank canvas for a comprehensive renovation project.

The property, while requiring significant modernisation throughout, holds immense potential for transformation into a desirable family home or a lucrative resale. Its end-of-terrace position is a distinct advantage, often allowing for greater flexibility in terms of extensions and alterations compared to mid-terrace properties. Prospective buyers will be particularly interested in the scope to extend, subject to obtaining the necessary planning permission, which could substantially increase the property's footprint and value.

Internally, the house currently comprises three double bedrooms, offering generous sleeping accommodation. The existing layout includes one bathroom with separate WC and one reception room, providing a functional starting point for redesign. The spacious kitchen is a notable feature, complemented by a handy coal/store room, which could be reconfigured to create a larger, open-plan living space or utility area, depending on the buyer's vision.

Externally, the property benefits from a good size garden, offering valuable outdoor space for landscaping, entertaining, or further development, again subject to planning. The garden's size provides ample room for a rear extension without compromising too much on outdoor amenity.

Located in Formby, a popular Merseyside town known for its beautiful coastline, excellent local amenities, and good transport links, this property is ideally situated. Formby offers a range of shops, schools, and leisure facilities, making it an attractive location for a wide demographic of potential future occupants or buyers. The area's strong property market further enhances the investment appeal of this renovation project.

This property is being sold with no onward chain, simplifying the purchasing process and allowing for a quicker completion. This is an ideal scenario for developers looking to commence work without delay. Given the extensive renovation required, interested parties are strongly advised to conduct thorough due diligence and consider all associated costs.

In summary, this Formby end-of-terrace house represents a superb opportunity for those with a keen eye for development and a readiness to invest in a property with significant upside potential. Its three double bedrooms, scope for extension, good size garden, and no chain status make it a highly attractive proposition for cash buyers and developers seeking their next project.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Royal Crescent, Formby, Merseyside, L37 6BA

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Extension potential
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About Flexi-Agent, Formby

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Per year
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%
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Years
Current average is 4.5%
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Monthly repayments
£776
We think you can borrow up to
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Disclaimer - Property reference FLX_FRM_LFSYCL_1090_1253484198. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Flexi-Agent, Formby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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