2-bedroom flat · DT7 3UP
No longer listedReduced £45 (−3.8%) on 3 AugListed 131 days · slow let
Opportunity summary
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About
A well presented two bedroom ground floor apartment benefitting from private parking and courtyard garden. Available immediately.
The deceptively spacious living accommodation provides an open plan living space being split level separating the sitting room from the lower kitchen/dining room.
A modern kitchen provides plumbing for an automatic washing machine and dishwasher further complemented by a wall mounted gas boiler for central heating.
There is an inner hall granting access to 2 double bedrooms with the master enjoying en-suite facilities alongside a family bathroom. Internal steps lead to an enclosed courtyard garden.
There is an allocated parking space and an enclosed courtyard garden offering a low maintenance environment with a purpose-built seating area. Mains electric, gas, water and drainage.
Ultrafast broadband. There is likely phone signal as per Ofcom's website. The property is at very low risk of flooding from surface water, rivers and sea.
Rent - £1,250.00 per calendar month / £288.00 per week Holding Deposit - £288.00 Security Deposit £1,442.00 Council Tax Band - tbc EPC Band - D Situation 1 New Inn is centrally position within the village of Uplyme less than 2 miles inland from Lyme Regis seafront.
The village Uplyme has a good selection of local amenities including a general stores/post office situated at the petrol station, village hall, public inn and cricket pitch.
There are also well regarded primary and secondary schools nearby.
Lyme Regis is a most popular and picturesque coastal 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, supermarkets and a number of restaurants and hotels, together with a theatre and various museums.
A short walk from the high street is the charming award-winning sandy beach, ideal for families; the harbour, popular with anglers and those keen on deep sea fishing trips; the sailing and power boat clubs.
The nearby market town of Axminster offers a good range of day to day amenities, as well as a vibrant market every Thursday and a mainline train service to London Waterloo.
Directions What3Words ///mirror.forehands.warm
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 1 New Inn Corner, Whalley Lane, Lyme Regis
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