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See how verdicts work2-bedroom flat · DT7 3DW
For saleListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious, purpose-built, ground floor apartment within easy reach of the town centre and beaches.
EPC: C The Property Summerhill House is an attractive multiple block of apartments, purpose-built in the early 1990s, well located within easy reach of the town centre, the clifftops and the seafront.
No. 23 is located on the ground floor and benefits from its own adjoining private enclosed terrace. The good sized and sunny accommodation enjoys a pleasant aspect over the communal gardens.
Modern amenities include gas-fired central heating (updated boiler), uPVC sealed unit windows (small paned sash style), patio doors, fitted kitchen with electric oven and gas hob and fitted wardrobes to the principal bedroom.
Briefly comprising communal entrance hall – The Apartment – Entrance lobby, reception hall with large cupboard with plumbing for washing machine, living room with patio doors, dining room, kitchen, bedroom 1 with patio doors and en-suite bathroom, bedroom 2, shower room.
Outside Adjoining allocated parking space plus general visitors’ parking. Adjoining private enclosed terrace. Communal gardens with lawns and flowerbeds.
Tenure Long 999 year lease from circa 1994 with share of freehold. Private residents’ management company. Current service charge £4020 per annum. No long term or holiday lets are allowed.
Situation Lyme Regis is famed for its many historic connections and character buildings and its well known Cobb harbour.
As a resort, it is considered quite unspoilt but offers an excellent range of shops and amenities together with numerous leisure activities including sailing and power boat clubs, a clifftop golf course and a bowling club.
The stunning Jurassic Coast is designated a World Heritage Site and the immediate area as one of outstanding natural beauty (aonb).
The market towns of Axminster and Bridport are both within easy reach, the former with a mainline rail service to London Waterloo. Services All mains services. Gas-fired central heating.
Broadband - Standard up to 14Mbps, Superfast up to 80Mbps and Ultrafast up to 1000Mbps.
Mobile phone service providers available are O2, Three, EE and Vodafone for voice and data services inside and outside. (Broadband and mobile phone information taken from Ofcom website.
Results are predictions and not a guarantee. Actual services available may be different from results and may be affected by network outages). Viewings Strictly by appointment with Stags Bridport.
Directions From Bridport join the A35 west. On leaving the Charmouth Bypass, take the 2nd left, signed Lyme Regis.
Proceed down Charmouth Road and Summerhill House will be seen on the right, virtually opposite Lyme Regis Football Club and Charmouth Road public car park. What3Words: ///hardening.risks.cargo
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 23 Summerhill House, Charmouth Road, Lyme Regis
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