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See how verdicts work2-bedroom flat · DT7 3ED
For saleListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 2-bedroom flat in Lyme Regis and is available exclusively for the over 55’s.
The property is in good condition and offers a practical layout with one reception room, one kitchen and one bathroom, providing comfortable accommodation on a manageable scale.
Both bedrooms are doubles, offering flexible space for sleeping arrangements, guests or hobbies.
The reception room provides an area for dining and relaxing, while the separate kitchen is set up for day-to-day cooking and storage.
Situated off Anning Road, Cloverdale Court is well placed for enjoying Lyme Regis and its amenities.
The town centre, seafront and famous Cobb Harbour offer a range of independent shops, cafés and restaurants, along with level promenade walks and access to the beach and coastal paths.
Local services such as supermarkets, pharmacies and medical facilities are also within easy reach in the town.
Hallway Doors leading to the accommodation with the additional benefit of separate storage and airing cupboards. Further benefiting from a smoke detector, an electric radiator and fuse box.
Lounge/Dining Room (4.19 x 4.10 (13'8" x 13'5")) A spacious reception room with a box bay window to the front aspect, which enjoys partial views of the sea.
Further benefiting from an electric radiator and an emergency pull cord.
Kitchen (2.73 x 1.74 (8'11" x 5'8")) Fitted with a range of matching wall and base units with work tops over comprising a stainless steel sink and drainer, an electric four ring hob with an extractor hood above and an oven underneath.
Further benefiting from space for a separate half fridge and a washing machine.
Bedroom 1 (3.41 x 3.37 (11'2" x 11'0")) A double bedroom with a box bay window to the front aspect that enjoys partial views of the sea.
Further benefiting from an electric heater, an emergency pull cord and fitted wardrobes.
Bedroom 2 (3.49 x 2.44 (11'5" x 8'0")) A double bedroom with a box bay window to the front aspect that enjoys partial views of the sea.
Further benefiting from an electric radiator, an emergency pull cord and a fitted wardrobe. Shower Room (2.39 x 1.77 (7'10" x 5'9")) Fitted with a coloured suite comprising a low level hand flush w.c.
A pedestal hand wash basin and a shower cubicle with a wall mounted electric shower. Further benefiting from a heated towel rail and an emergency pull cord.
Agents Notes Tenure: Leasehold Lease Length: 999 year lease with approximately 962 year remaining Service Charge: £4500.00 per annum Utilities: Electric, water and drainage are all mains connected.
Local Authority: Dorset Council Tax Band: D Broadband: Fibre to cabinet broadband connection is available.
For more information to to Mobile phone coverage: More information can be found at Flood Risk: Very low risk of flooding from surface water and very low risk of flooding from rivers and the sea.
Restrictions: This property is subject to a 55 and over age restriction.
Local Area Lyme Regis has bus links towards Axminster, Bridport and Weymouth, with connections from Axminster railway station to Exeter and London Waterloo.
Road access via the A35 links nearby coastal and market towns, making it straightforward to reach wider Dorset and East Devon by car.
There are various local groups, churches and community activities in Lyme Regis that may appeal to over 55s, as well as parks and open spaces for gentle walks and outdoor time.
This flat offers an opportunity to live in a coastal town environment with practical accommodation suited to later life.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
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FAQ
About Flat 16, Cloverdale Court, Anning Road, Lyme Regis
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