2-bedroom flat · DT7 3ED
For saleReduced £10k (−8%) on 28 AugListed 726 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom upper ground floor retirement apartment Cloverdale Court comprises 44 properties arranged over 3 floors and is largely served by a lift.
The Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and a bathroom.
It is a condition of purchase that residents be over the age of 55 years. Please speak to our Property Consultant if you require information regarding event fees that may apply to this property.
Entrance Hall Airing cupboard housing hot water cylinder with immersion, Entry phone system, Storage heater, fuse box, two light fittings, smoke detector.
Lounge Electric fire with stone effect surround with mantle piece. TV point, two ceiling light points, telephone point, two storage heaters, emergency alarm pull cord.
Kitchen Fitted with a range of base units incorporating sink with mixer tap, wall units with under cupboard lighting. Built in hob with extractor over and oven/grill.
Fridge freezer and washing machine to remain. Tiling to walls. Emergency alarm pull cord. Bedroom One Full width along room fitted wardrobes, TV Point, Storage heater, Emergency alarm pull cord.
Bedroom Two Electric heater, emergency alarm pull cord. Bathroom Recently refurbished bath with shower over with glass partition, pedestal wash basin and WC.
Extractor fan, convector heater, shaver point with light and mirror and heated towel rail. Emergency alarm pull cord.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 21, Cloverdale Court, Lyme Regis
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