- 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 +
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.