2-bedroom terraced house · DT7 3EE
Sold STCListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom house situated in the Monmouth Park development, close to the centre of the popular coastal town of Lyme Regis.
The Property - ‘The Somers’ is a two bedroom house on the Monmouth Park development, built to a high specification with two bedrooms, a family bathroom, open plan living accommodation and the benefit of two parking spaces.
The front door opens into a spacious hallway, with a downstairs cloakroom and understairs cupboard.
The open plan living space is L-shaped, with the sitting and dining area spanning the depth of the house, with double doors onto the rear garden.
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 two bedrooms, both benefitting from built-in mirrored wardrobes.
The family bathroom is fitted with a contemporary white suite comprising a bath with shower over, wc and sink with chrome taps, a heated towel rail and large format porcelain tiles.
Outside - 'The Somers’ benefits from a patio or terraced area adjoining the house, with an area of lawn beyond.
The houses also benefit from driveway parking for two cars either to the side or the rear of the property.
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 awardwinning 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.
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.
EPC: B Directions - What3Words///fiery.baking.layover Local Authority - Dorset Council - .
Tax Band: C Material Information - 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
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 advisors 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 Applebee Way, Lyme Regis
Explore nearby