We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · DT7 3DW
Sold STCReduced £30k (−16.7%) on 3 SepListed 382 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom top floor apartment situated in the popular coastal town of Lyme Regis.
The Dwelling This two bedroom top floor apartment is situated in the popular coastal village of Lyme Regis, and is within easy reach of the seafront and the towns amenities.
The apartment enjoys wonderful views over the town and towards the sea, has been well maintained over the years, and benefits from a garage, visitors parking and a lift to all floors.
Accommodation The apartment is simply laid out with a small lobby area leading into a central hallway with a large airing cupboard with space for a washing machine.
The spacious living/dining room is at the end, spanning the full width of the property with ample room for a dining area to one side and a seating area to the other.
This room has a wonderful dual aspect with sea views to one side and views over the valley to the other side.
The kitchen is fitted with a range of wall and base units with an electric oven and gas hob, with space for additional appliances.
There are two bedrooms with fitted wardrobes, with the principal bedroom benefitting from an ensuite bathroom. Also off the hallway is a family shower room.
Outside The apartment is accessed from the front of the building through a main security door, via an entry phone system.
There is a communal luggage store under the stairs to the left of the front door. The communal gardens are accessed via a shared path to the left of the building.
The apartment has a garage and there are visitor parking spaces. Services Mains gas, water, drainage and electricity. Gas fired central heating. Broadband - Ultrafast speed available.
Mobile - There is mobile coverage in the area, please refer to Ofcom’s website for more details ().
Council Tax Band: D (Dorset Council EPC: C Situation 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, 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 power boat clubs.
Directions What3Words///reckoned.vouch.escalated Material Information Leasehold with 999 years from 1 January 1990. Service charges £3,840.00 pa. Private residential purposes only, no sub-letting.
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 advisers 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
.png)
FAQ
About 20 Summerhill House, Charmouth Road, Lyme Regis
Explore nearby