DOMVS says ..

Property Oracle says ..

Lyme Regis is a popular coastal town in Dorset, known for its beautiful beaches, harbour, and Cobb. The property’s location on Ferndown Road offers proximity to local amenities and is within reasonable distance of several schools, including The Woodroffe School, which has an ‘Outstanding’ Ofsted rating. The proximity to the coast is a significant advantage, boosting desirability and potentially rental income. The provided photographs showcase a property that appears to be in excellent condition. It has clearly undergone a recent and high-quality renovation or rebuild, featuring modern fixtures, fittings, and a contemporary design throughout. There is no visible evidence of wear and tear or the need for repairs. The property includes a sizeable garden, as evidenced by the images. The garden is well-maintained and offers a good amount of outdoor space, adding to the property’s appeal. The list price of £925,000 is higher than the average price for the area (£528,010). However, this property is significantly larger than the average (1,383 sqft vs 1,446 sqft average). Considering the high-quality renovation, the desirable location, and the substantial garden, the price, while above average, appears justifiable within the context of the local market. A nearby comparable property on Ferndown Road is listed at £924,500, supporting the valuation. Further analysis of comparable properties with similar specifications and recent renovations would be needed to confirm if the price is truly competitive.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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