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See how verdicts work1-bedroom house · DT7 3DD
For saleListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A former woodcraft shop close to the centre and beach at Lyme Regis, offering an exciting opportunity to create a two bedroom dwelling with garage, parking and balcony.
The Property This former woodcraft shop presents an excellent opportunity for renovation and conversion, with potential to create a distinctive residential dwelling in a highly desirable coastal location.
The proposed layout would provide a one/two bedroom home with flexible additional space, the second room would be suitable for use as a home office or second bedroom.
Plans also indicate the inclusion of both an en-suite and a separate family bathroom, enhancing practicality and appeal.
A notable feature is the large garage alongside off-road parking, a valuable asset so close to the town centre.
The design also incorporates a balcony, offering the opportunity to enjoy the surrounding setting.
The property benefits from three phase electrics, providing scope for the installation of eco-friendly features such as solar panelling and electric vehicle charging.
Three phase electrics, bat survey and cil exempt.
Outside The property includes off-road parking and a substantial garage, with further potential to enhance the external space as part of the conversion.
Situation A short walk will take you into the centre of Lyme Regis, a picturesque 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 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.
Directions What3words///kidney.sports.fermented Services Mains water, electricity and drainage. No heating. Broadband - Superfast speed available.
Mobile - There is mobile coverage in the area, please refer to Ofcom’s website for more details.
EPC: E Local Authority Dorset Council Tax Band: B Solicitors Solicitor: Fairbrother & Darlow Ref: Allison Warrin Tel: Email: For sale by Public Auction and via Livestream on Thursday 21st May at 2pm, at The Digby Hall, Hound Street, Sherborne, Dorset DT9 3AA.
Register to bid in the room, online, by telephone or by proxy via our website.
Material Information Agents note – it should be noted that there is asbestos within the garage, hard asbestos is located in the roof.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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.
Area
Agent & docs
FAQ
About The Woodcraft Shop, Pooles Court, Lyme Regis
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