2-bedroom terraced house · DT7 3NY
Listing removedListed 165 days
Opportunity summary
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About
Situated in the popular old town of Lyme Regis this mid terrace cottage is situated within a short walk of the iconic Cobb Harbour, seafront and beaches, as well as the South West Coast path.
The property, thought to have been built in the late 18th century is set just off the picturesque Sherborne Lane an old packhorse route that dates back to Saxon times.
The property offers excellent second home or holiday letting potential or as a primary residence and is offered to the market with no onward chain.
The cottage has undergone extensive works under the current ownership with the ceiling being raised to create a more useable space and also a new shower room and kitchen.
A storm porch leads to the entrance door to the hallway with under stair storage cupboard and tiled flooring which flows into the lounge/diner.
The dual aspect lounge diner is the feature room of the property with original fire recess.
A door leads into the kitchen fitted with a range of white shaker style wall and base mounted units with built in appliances including dishwasher, washing machine, fridge, wall mounted Vailant gas combi boiler, oven and four ring gas hob.
The main bedroom with steps up from the landing benefits from views over the rear garden. The second bedroom also a double, looks onto the front garden and Sherborne Lane.
A modern white suite shower room completes the accommodation.
Outside The front garden with paved path from Sherborne Lane and gravelled seating area houses a variety of shrubs and plants and is enclosed by original stone walls.
The rear garden is accessed from the kitchen is enclosed by timber fencing and is separated into two with the first part including a paved seating area.
The second part houses a variety of mature trees, shrubs and flower beds with a timber store shed found at the very rear. Council Tax We are advised the property is tax band C. Dorset County Council.
Services We are advised that all mains’ services are connected.
Value & comps
No previous sales on record.
Returns
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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 Sherborne Lane, Lyme Regis, Dorset, DT7
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