3-bedroom detached house · DT7 3HX
For saleListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An elegant detached coastal cottage with walled gardens and consent for extension Situation Conveniently situated close to the centre of Lyme Regis, the town offers a good range of amenities together with its historic harbour, beaches and access to the Jurassic Coast.
Larger centres including Axminster, with a mainline railway station, are within easy reach.
Description This beautifully presented detached character cottage has been refurbished in recent years, retaining considerable charm and with replacement windows throughout.
The accommodation includes a sitting room with conservatory, dining room, kitchen with Aga, cloakroom and three bedrooms (two doubles) with a family shower room, all enjoying excellent natural light.
Planning permission has been granted for a substantial extension (Ref: P-hou , offering scope to significantly enhance the existing accommodation.
Outside The wonderful south facing walled gardens are a particular feature, being mainly laid to lawn with a variety of patios and pathways, ideal for outdoor dining and entertaining, together with attractive established planting.
A former potting shed provides useful ancillary accommodation with a shower room and kitchenette.
There is also a good sized timber shed, and to the front, double gates open to an enclosed parking area. Services Mains water, electric, drainage and gas. Gas fired central heating.
Ultra fast broadband, mobile coverage good outside (Ofcom).
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
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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
Agent & docs
FAQ
About Hernelee Cottage, Pound Road, Lyme Regis
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