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See how verdicts work1-bedroom flat · DT7 3NW
For saleListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
5 Chideock Court is a purpose-built first floor flat, constructed in the early 1970's, pleasantly situated in a small quiet cul-de-sac location on the western side of the famous coastal resort of Lyme Regis.
The apartments have attractive communal gardens with both residents and visitor parking and an enclosed drying area.
A private pathway leads through the grounds onto Uplyme Road and onwards to the town centre. The property would be ideal for first-time buyers, or would make an excellent second home.
Facing south east towards the sea and overlooking the communal garden area, the flat is quiet and peaceful.
The front door leads into the entrance hall with a cupboard and intercom phone for the communal entrance door. The hallway is fitted with a further large cupboard and fitted slimline electric heater .
The sitting room/bedroom has double glazed sliding doors looking towards Lyme Bay with glimpses of the sea in the distance.
There is a fitted electric heater and a built in airing cupboard off the sitting room/bedroom, housing the hot water tank.
The kitchen is fitted with a range of white units comprising base cupboards and drawers with matching wall cupboards, built in electric oven and induction hob with extractor hood and light above.
Roll edge work surfaces have tiled splashbacks and an inset stainless-steel sink/drainer. Appliance space for washing machine, fridge and separate freezer, large larder cupboard.
Double glazed window to side. A larder cupboard completes the kitchen.
The bathroom has a White suite with wood panelled bath and Mira shower above, glass shower screen, low level WC, pedestal wash hand basin, with mirror and light/shaver socket above.
Tiled walls, heated towel rail and wall mounted Dimplex heater. Extractor fan and bathroom cabinet.
Outside The property benefits from communal drying area, bin area, communal gardens and visitor parking. There is also an internal storage room on the lower ground floor for Chideock Court.
Material information & Tenure The property is held on a lease (999 years from 1983) with the Freehold interest held by a management company (Clappentail Estates Ltd) and each flat owner is an equal shareholder in the company.
The current service charge is £1,440.00 per annum as of 2024.
Local Authority: Dorset Council Council Tax Band: A Tenure: Leasehold Services We are advised mains services are water, drainage and electricity. No Gas.
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.
Area
Agent & docs
FAQ
About Clappentail Lane, Lyme Regis, Dorset, DT7
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