3-bedroom terraced house · DT7 3DU
Listing removedReduced £14.5k (−4.3%) on 12 JunListed 359 days
Opportunity summary
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About
Terraced House ~ Three Bedrooms ~ Convenient Location ~ Front & Rear Gardens ~ Sea Views ~ Kitchen/Diner & Lounge This well presented & spacious three bedroom terraced family home with front and rear gardens, sea views and spacious accommodation, is conveniently located close to the seafront and beaches a pleasant mostly level walk, through the historic old town with local schools close by.
The property has been extended by previous owners creating a utility room and downstars WC.
43 Kings Way has well maintained under the current ownership with the rear garden being a particular feature.
The front door enters into the lounge with stairs to the first floor, gas corner fireplace, engineered oak flooring and a picturwe window looking over the front garden.
The kitchen is fitted with a range of shaker style white units comprising base cupboards and drawers with matching wall cupboards. Work surface with inset sink and drainer.
Fitted appliances include fridge/freezer, dishwasher, four ring induction hob with ovens below and extractor above.
A separate utility room is found off the kitchen with appliance space for a washing machine and tumble dryer with wall mounted cupboards.
A WC completes the first-floor accommodation found at the rear of the property. A door leads to the front of the property via a shared walkway with the neighbouring property.
The first floor consists of three double bedrooms with the two to the front of the property benefitting from views over the town to the sea.
The master bedroom is pictured with a king size bed and is fitted with double wardrobes.
A family bathroom fitted with white suite comprising a bath with shower attachement and glass screen, WC, and wash hand basin.
Accessed via stairs from the first floor is the fully insulated attic room with dormer window.
Outside The front garden is bordered by timber fencing is mainly laid to lawn with a variety of shrubs and plants. Paved steps with a handrail and path leading to the front door.
The rear garden has been improved under the current ownership and is terravced. The first level is laid in composite decking creating space for al fresco dining.
Steps lead to the second level that is laid to lawn and enjoys the sunshine. Further steps lead to the final level where a summerhouse and store shed sit.
Material information & Tenure Local Authority: Dorset Council Council Tax Band: B Tenure: Freehold The property is subject to section 157 of the housing act 1985.
Please note: The property can only be purchased by someone who has been living or working in the area for 3 years or more or if there is a local family connection.
However, other cases may be considered but all inquiries should be directed towards Magna Housing Association. Services We are advised all mains services are connected.
Gas combi boiler found in the loft space. Broadband - Standard up to 11Mbps and Superfast up to 66Mbps.
Mobile phone service providers available are EE, Three, O2 and Vodafone for voice and data services inside and outside.
(Broadband and mobile phone information taken from Ofcom website Results are predictions and not a guarantee.
Actual services available may be different from results and may be affected by network outages).
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.
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FAQ
About Kings Way, Lyme Regis, Dorset, DT7
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