We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · DT7 3HS
For saleListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well appointed two bedroom ground floor apartment with stunning Sea and Coastal views from the sun room and decked terrace is situated a short walk from local shops, restaurants, seafront and beaches.
The property is currently a second home and offers excellent second home or primary residence potential and is located close to local amenities, beautiful beaches and the town centre, providing the perfect mix of comfort and convenience.
Accessed from a communal entrance door off of Silver Street the front door leads into the entrance hall with coat hanging space.
The galley style kitchen is fitted with a range of modern units and an inset sink and mixer tap. There is a built in four ring hob with extractor hood above and an electric fan oven.
Integral appliances include: fridge/freezer and wall mounted gas combi boiler.
There are two bedrooms found off the hallway with the main bedroom found at the front of the building benefitting from built in storage cupboards.
The lounge is fitted with a gas fireplace which provides a focal point. Two short steps up to double doors lead into the sun room that boasts excellent views of the Jurassic Coast and Golden Cap.
Doors lead onto the decking area which creates an excellent space for alfresco dining. On the ground floor of the building a communal laundry room is shared between all 4 flats within Silverleigh.
Tenure & Maintenance Share of Freehold Council Tax Band: A All mains services connected. Gas fire central heating.
The property has the remainder of a 999 year lease (953 remaining) issued in 1980 and owns a share of the Freehold. No holiday letting permitted. Short hold tenancy lets allowed.
A fee of £110.00 pcm is payable for the upkeep and maintenance of the building and communal areas. Broadband - Standard up to 11Mbps and Superfast up to 66Mbps.
Mobile phone service providers available are EE, Three, O2 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).
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Silver Street, Lyme Regis, Dorset, DT7
Explore nearby