Stags says ..
A superb investment opportunity in central Lyme Regis town centre close to the beach. Formerly a thriving and successful Italian restaurant in the same family ownership for 30 years with a four bedroom maisonette above and a detached single-storey annex in the garden both used as holiday lets. Ho...
Property Oracle says ..
This terraced property on Church Street, Lyme Regis, presents a mixed bag of features. Its prime location offers excellent access to local amenities and the seafront. The house has five bedrooms and three bathrooms. However, the property’s condition is variable, with some areas appearing modern and well-kept, while others require renovation. The inclusion of a garden is a definite plus, providing valuable outdoor space. The asking price of £750,000 is relatively high for the area, considering the average property price and the need for potential upgrades. Overall, this property offers significant potential but may require investment to bring it up to a consistently high standard. The property could suit a buyer looking for a project in a prime location or someone seeking a spacious family home with the possibility of generating income through commercial use, subject to planning permissions.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 5
- Location
- 7
- Land
- 6
- Bedrooms
- 5
- Bathrooms
- 3
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Metrics Year-on-Year
- Average area value
- 547,942.00 £Decreased by 8.74 %
- Average area rental value
- 1,256.00 £/moIncreased by 35.78 %
- Est rental Yield
- 2.75 %Increased by 48.65 %
- Crime Rate
- 41.00 %Unchanged by 0.00 %
Agent Activity
Stags created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Michael'S Church Of England Voluntary Aided Primary School, Lyme Regis | Voluntary Aided School | Requires improvement | 0.39 KM |
| Beaminster And Lyme Regis Sure Start Children'S Centre | Children's Centre | 0.39 KM | |
| The Woodroffe School | Foundation School | Outstanding | 1.93 KM |
| Mrs Ethelston'S Cofe Primary Academy | Academy Converter | Good | 3.22 KM |
| Charmouth Primary School | Community School | Requires improvement | 3.56 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Monmouth Street | £ 0 | 0 | 0.00 KM |
| Dolphin Close | £ 0 | 0 | 0.00 KM |
| Summerhill Road | £ 0 | 0 | 0.00 KM |
| Manor Avenue | £ 0 | 0 | 0.00 KM |
| The Close | £ 775,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Church Street, Lyme Regis | £ 750,000 | BUY | 6 / 10 | 0.00 KM |
| Church Street, Lyme Regis | £ 325,000 | BUY | 6 / 10 | 0.01 KM |
| Church Street, Lyme Regis, Dorset, DT7 | £ 625,000 | BUY | Unknown | 0.03 KM |
| Bridge Street, Lyme Regis | £ 510,000 | BUY | 5 / 10 | 0.07 KM |
| 'The Anning', Monmouth Park, Lyme Regis | £ 835,000 | BUY | 7 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Church Street | £ 305,000 | 0.03 KM |
| 11 Church Street | £ 226,784 | 0.03 KM |
| 2 Church Street | £ 290,000 | 0.03 KM |
| 6 Church Street | £ 267,500 | 0.03 KM |
| 10 Church Street | £ 290,000 | 0.03 KM |