2-bedroom flat · DT7 3DS
Sold STCListed 563 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Ground floor apartment situated in a block along with 5 other flats, benefiting from a share of the freehold. Situated in an elevated position enjoying views over the town and towards the sea.
The property is offered for sale with no onwards chain, and benefits from garage and private balcony description Ground floor apartment situated in a block along with 5 other flats, benefiting from a share of the freehold.
Situated in an elevated position enjoying views over the town and towards the sea.
The property is offered for sale with no onwards chain, and benefits from garage, private balcony and communal gardens.
The accommodation, briefly, comprises of communal entrance hallway with stairs leading down to the apartment, private entrance hallway, lounge with door opening to balcony, kitchen, inner lobby with doors leading to the two bedrooms and bathroom.
The garage is situated in a block to the rear of the property, and there is use of communal gardens to both the front and the rear.
Lyme Regis is a charming seaside town situated on the world famous 'Jurassic Coast' surrounded by countryside and coastal walks boasting beautiful beaches and historic landmarks.
The pretty high street offers a host of local and independent shops and eateries along with convenience stores and doctor's surgery, as well as local primary and secondary schools.
Further offering a number a sporting facilities including Lyme Regis Golf Club and Water Sports to include sailing, kayaking, paddle boarding and boat trips.
Agents Note: We have been advised that property is being sold with 1/6 share of Freehold Communal Entrance Entered via composite door with opaque glass panels to side, post boxes, steps leading down to entrance to flat Entrance Hallway Entered via composite door with glass panel insert, radiator, ceiling light point, secondary door leading into: Lounge 13' 9" x 11' 3" max ( 4.19m x 3.43m max ) uPVC double glazed window and door opening to balcony, enjoying views over the town with sea glimpses, gas back boiler fire with feature surround, radiator, ceiling light point Balcony Iron balustrade, tiled flooring enjoying views over the town with sea glimpses Kitchen 11' x 6' 9" ( 3.35m x 2.06m ) uPVC double glazed window to rear aspect, range of wall and base units with worksurface over, tiled splash backs, integrated electric oven with gas hob and pull out cooker hood, space and plumbing for a range of domestic appliances, one and a half bowl drainer sink, ceiling light point Inner Lobby Airing cupboard housing water tank with ample storage space, ceiling light point Bedroom One 12' 1" x 8' 8" ( 3.68m x 2.64m ) uPVC double glazed window to front aspect, enjoying views over the town with sea glimpses, uPVC opaque glass door leading to balcony, radiator, ceiling light point Bedroom Two 8' 9" x 8' 9" ( 2.67m x 2.67m ) uPVC double glazed window to side aspect, radiator, ceiling light point Bathroom uPVC double glazed opaque glass window to side aspect, panel bath with electric shower over, wash hand basin, low level WC.
Ceiling light point, extractor fan Garage Situated in a block to the rear of the property, accessed via up and over door Communal Gardens Communal gardens to front and rear, laid to lawn with mature plants and shrubs We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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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About Flat 42, Fairfield Court, Fairfield Park, Lyme Regis
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