2-bedroom house · DT7 3ED
Sold STCListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent two bedroom over 55’s retirement apartment with delightful westly facing views over Lyme Regis. No onward chain.
The Property - 11 Cloverdale Court is an impressive upper floor apartment, and forms part of a complex of purpose built retirement apartments enjoying an impressive outlook taking in views across Lyme Regis and the coast beyond.
The development manager can be contacted from various points within the property in the case of an emergency.
For periods when the development manager is off duty there is a 24 hour emergency call system.
The communal areas are exceptionally well maintained, with a welcoming residents’ lounge that opens onto a sunny paved terrace overlooking the gardens.
Cloverdale Court also provides residents parking. The flat itself can be accessed from ground level from an alternative doorway.
Accommodation - The well planned accommodation makes the very most of the outlook with all principal rooms enjoying elevated views across the town.
There is a spacious sitting/dining room, two bedrooms, including a generous master bedroom and a traditional fitted kitchen offering a range of wall and base units with space for appliances.
The bathroom has been replaced with a modern shower room including a double width shower cubicle and extensive tiling. The apartment is welcomed to the market in excellent decorative order.
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.
The nearby market town of Axminster (5 miles) offers a good range of day to day amenities, as well as a vibrant market every Thursday and a mainline train service to London Waterloo.
Directions - What3Words ///ranted.form.cello Services - Mains electric, water and drainage.
Broadband : Ultrafast broadband available Mobile Network Coverage : There is mobile coverage in the area, please refer to Ofcom’s website for more details.
Source - Ofcom.org.uk Local Authority - West Dorset Council Tel : Council Tax Band: D Material Information - 1.) The area around the property is at a low risk from flooding from rivers, seas and surface water.
2.) The term of the lease is 999 years from 1st June 1989 on a peppercorn rent. A monthly service & maintenance charge of £451.97 is payable.
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 advisors 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
FAQ
About Anning Road, Lyme Regis
Explore nearby