4-bedroom house · DT7 3EE
For saleReduced £10k (−2.7%) on 21 JulListed 924 days
Opportunity summary
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About
An immaculate four double bedroom terraced house situated in the new Monmouth Park development, close to the centre of the popular coastal town of Lyme Regis.
The Property 'The Chippel' is a mid-terraced house on the Monmouth Park development, built to a high specification with four double bedrooms, two ensuites, open plan living accommodation and the benefit of two parking spaces.
The front door opens into a spacious hallway, with a downstairs cloakroom.
The open plan living space is L-shaped, with the sitting and dining area spanning the width of the house, with double doors onto the rear garden and a large understairs cupboard.
The bespoke kitchen is fitted with a range of wall and base units with Silestone worktops, and integrated appliances include an electric oven and hob, fridge/freezer, dishwasher and washing machine.
The downstairs of the property benefits from heated flooring throughout. Upstairs there are four spacious double bedrooms, two with ensuites, and all benefitting from built-in mirrored wardrobes.
The family bathroom and ensuites - one a bathroom and one a shower room, are all fitted with a contemporary white suite with chrome taps, a heated towel rail and large format porcelain tiles.
Outside To the rear, a patio area adjoins the house with a small area of lawn. Steps lead down to a side pedestrian gate providing access to the driveway, which has two parking spaces.
Local Authority Dorset Council . Council Tax Band: E. Services Mains gas, electricity, water and drainage. Gas fired central heating. Broadband - Ultrafast broadband is available.
Mobile phone coverage - Network coverage is good both indoors and out.
Situation Monmouth Park is a stunning collection of traditionally designed homes built to a superior standard with spacious accommodation in the popular coastal town of Lyme Regis.
A short drive or a fifteen-minute 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.
The market town of Axminster, approximately 6 miles distant, provides a good range of day to day amenities, as well as a vibrant market every Thursday and a mainline train service to London Waterloo.
Agent Note We understand there is a Service charge of £196.53 payable per annum for the maintenance of the private roads and communal area.
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 Plot 24 - The Chippel, 21, Applebee Way, Lyme Regis
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