1-bedroom flat · DT7 3DB
For saleListed 59 days
Opportunity summary
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About
A well maintained first floor one bedroom flat in an imposing Victorian property close to the town centre, seafront and beaches.
Flat 4 The Gables was comprehensively modernised about 5-6 years ago with great care taken to retain character features.
It has been a successful holiday let for the present owner providing a useful income but is equally well suited as a permanent home.
The property is very conveniently situated in the picturesque Old Town just 200 metres or so walk to the town centre shops and seafront.
The Gables is an imposing Victorian property which was in fact the cottage hospital between 1820 and 1927. It has now been converted into self-contained flats.
Set within one of Lyme Regis’ most characterful buildings, this delightful firstfloor apartment is approached through a substantial panelled front door that opens into a communal reception hall shared by just three homes.
Timber stairs rise to the firstfloor landing, where the private entrance leads into an inviting hallway with exposed timbers, a radiator, and a pulldown ladder giving access to a useful mezzanine store tucked neatly above.
The sitting room is a particularly charming space, centred around a pretty Victorian fireplace ornamental now, but still a lovely focal point with an exposed beam overhead and a picturesque outlook across the rooftops of the Old Town.
The sense of period warmth continues into the kitchen and breakfast area, a dualaspect room fitted with modern base and wall units, laminate worktops and integral appliances including a gas hob with oven below and extractor above.
The ‘Alpha’ gas boiler sits discreetly within the cabinetry, and the breakfast area forms a natural place to gather, with light filtering in from two directions.
The bedroom enjoys a sash window and exposed timbers that echo the building’s heritage, together with a radiator and a pulldown ladder leading to a mezzanine level.
From here, a small window offers a wonderfully unexpected glimpse towards the Cobb a charming reminder of the apartment’s enviable position within the town.
The bathroom is finished in a crisp white suite, with a panelled bath, mixer tap and shower with screen, hand basin and WC.
A Victorianstyle radiator and towel rail add a touch of elegance, while the sash window and extractor ensure the room feels bright and fresh.
Tenure & Services Leasehold Local Authority: Dorset Council EPC rating E. Council Tax Band: To Be Assessed - the property is currently registered for business rates rather than Council Tax.
We understand that Flat 4 is held on a 999 year lease from 2014. The Gables is managed by ‘Hillsdon Management Company‘. We understand that all the flat leaseholders hold a share in the freehold.
Ground Rent: £150 p.a. Annual Service Charge: £1,400.00 (as at March 2026). Electricity: Mains Water: Mains Drainage: Mains Heating: Gas central heating
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.
Area
Agent & docs
FAQ
About 4, The Gables, Church Street, Lyme Regis, Dorset, DT7
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