2-bedroom house · DT7 3PL
For saleListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A character two bedroom cottage with its own parking and garden, within easy walking distance of the sea and shops.
The Property This delightful property resides in a prime location in the beautiful coastal town of Lyme Regis.
Presently used as a profitable holiday let as well as a second home, the cottage has been lovingly maintained by its present owners and is in excellent order throughout.
Character features and contemporary styling blend seamlessly to create a comfortable and desirable home.
To complete this perfect package the property also benefits from its own parking space and garden.
Accommodation The accommodation is set across two floors and access is gained either through a shared hallway or through the garden which has parking beyond.
The main reception room is focused around an attractive gas fire and offers a comfortable entertaining space. The kitchen has a comprehensive range of units in soft cream and finished in solid wood.
Integrated items include an electric hob, oven and dishwasher, with space for a washing machine. There is also a cloakroom.
Upstairs, you will find two bedrooms with views over the rooftops - the principal bedroom is particularly impressive.
The modern family bathroom completes the accommodation for this delightful property. Outside The property has parking which is a precious commodity in Lyme Regis.
Located close to the parking, you will find the enclosed south-west facing garden which is surrounded by mature trees and shrubs making it a sanctuary away from the bustle of town.
The property has shared access off the main street with 2 Dolphin Cottages and to the rear from the garden. There is also another access to the rear used by 2 Dolphin Cottages.
Situation Lyme Regis is a most popular and picturesque coastal town noted for its attractive period buildings, the famous centuries-old Cobb and harbour.
The town has an excellent selection of facilities including many independent shops, convenience stores 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 powerboat clubs.
Directions What3words///prefix.classic.optimally Services Mains water, electricity, gas and drainage. Gas central heating. Broadband - Superfast speed available.
Mobile - There is mobile coverage in the area, please refer to Ofcom’s website for more details.
EPC: D Local Authority Dorset Council Tax Band: Business rates apply as property currently owned as a holiday let.
Value & comps
No previous sales on record.
Returns
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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 1 Dolphin Cottages, Mill Green, Lyme Regis
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