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See how verdicts work3-bedroom house · DT7 3ET
Sold STCListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented three bedroom end of terrace house, situated on the edge of Lyme Regis with sea glimpses and two allocated parking spaces.
The Property This stunning end of terrace property was built by the well-respected local firm Northcott Building Contractors.
Completed to a high specification, the property is presented in excellent order throughout with the immense benefit of two parking spaces and glimpses to Golden Cap and the sea.
The property has been successfully run as a holiday let under the current ownership, providing a generous income.
All contents are available within the sale price, so would ideally suit applicants looking for an investment opportunity.
The property is accessed over a shared pathway from the car parking area, and enjoys a larger corner plot.
The front door opens into a spacious hallway, with a large cloakroom/utility room to the right hand side, fitted with a wc and sink, plus a washing machine.
The L-shaped open plan kitchen/living/dining room is accessed beyond here, and spans the depth of the house with a dual aspect creating a bright, spacious and sociable room.
The contemporary kitchen is fitted with a range of quality wall and base units with worktops over, and an array of integrated appliances including an integrated electric oven, microwave, gas hob, fridge/freezer and dishwasher.
The living/dining area is to the rear, with double doors onto the garden and a useful understairs cupboard. The whole of the ground floor is fitted with quality Karndean flooring throughout.
Stairs rise to the first floor, with a spacious landing with two large built-in cupboards.
The principal bedroom is to the rear, a generous double with a large built-in wardrobe and a fully tiled ensuite shower room, fitted with a large walk-in shower, wc and sink with drawers below.
The other two double bedrooms are to the front, and benefit from views over the town towards the countryside, with glimpses of the sea and Golden Cap.
The fully tiled family bathroom comprises a p-shaped bath with shower over, wc and sink with drawers beneath.
Outside Being end-terraced, the property is situated on the corner plot, with side and rear gardens.
To the rear, the west facing garden has a spacious patio area adjoining the house, ideal for al fresco dining and an area of lawn which wraps around the property.
Timber raised beds border the garden, with hedges and fences on the boundary, creating a private and secluded outside space.
To the side of the property, there is space for storage for garden furniture and a useful area for bins.
The property has the immense benefit of two allocated parking spaces within the communal carpark for Chatterton Mews. Services Mains gas, electricity, water and drainage. Gas fired central heating.
Broadband - Superfast broadband is available. Mobile phone coverage - Network coverage is mostly good both indoors and out.
Local Authority Dorset Council Tel: Council Tax band: Exempt (previously a C). Business rates £1,000 per annum.
Situation Lyme Regis is a most popular and picturesque coastal town noted for its attractive period buildings, the famous centuries-old Cobb and harbour.
In the town is an excellent selection of facilities including many independent shops and a number of restaurants and hotels, together with a theatre and various museums.
Moments from the high street is the charming award-winning sandy beach which is ideal for families.
The harbour is popular with anglers and those keen on deep sea fishing trips, and the sailing and power boat clubs are also nearby.
The market town of Axminster, approximately 6 miles distant, provides a good range of day to day amenities, as well as a vibrant market every Thursday and a mainline train service to London Waterloo.
Agents Note The property has the remainder of a 10 year labc warranty. The communal pathway and car park is managed by Chatterton Residents Management Ltd Co.
And the property has a certificate of one share, along with the three other properties in the terrace. The charges for 2024 were £1,000.
The guide price of £465,000 is to include the full inventory of contents within the property – please enquire for further details.
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.
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FAQ
About 6 Chatterton Mews, Shire Lane, Lyme Regis
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