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53 Broad Street, Lyme Regis, Dorset
£1,150,000 Guide Price
Bedrooms
Bathrooms
A striking and substantial detached Edwardian house situated close to the town centre enjoying panoramic views over Lyme Bay and the West Dorset coastline.
Stonebarrow View is a striking and substantial detached Edwardian house built, we understand, in about 1910 by local respected builders, William Caddy and sons who in 1901 completed the construction of the Philpot Museum.
The property has been under the current ownership for over seven years, and is extremely well presented throughout. There are many original features but, with modern amenities including a beautiful kitchen diner/living area and stylish en-suite to the main bedroom. In addition the current owners have replaced the majority of the windows with sympathetically styled double-glazed units.
The rear wing of the property has a kitchen, two bedrooms as well as an additional parking area. This wing can be used as an extension of the already substantial property or would also make an ideal holiday let or long-term rental property.
The property is approached by a private driveway off Pound Road (shared by a small number of neighbouring quality houses) and occupies an enviable elevated location, with the house enjoying spectacular views over Lyme Bay and the coastline. Whilst the property is tucked away and secluded, Stonebarrow View is only a few minutes walk from the town centre and sea front.
The Accommodation Comprises: -
Ground Floor - Front entrance door to:
Hall - With tiled parquet flooring, radiator, stairs rising to landing, telephone point. Doors to:
Lounge - 144 x 1310 (4.37m x 4.22m)
With bay window and double glazed sash units, wood laminate flooring, double glazed window to side, two vertical radiators, feature fireplace with timber mantlepiece and tiled surround living gas fire flame and hearth, telephone point and TV point.
Dining Room - 144 x 123 (4.29m x 3.73m)
With wood laminate flooring, bay window with double glazed sash units, coving to ceiling, two vertical radiators, feature fireplace with timber mantle and tiled surround. Step up via squared archway to:
Kitchen/Diner - 303 x 119 (9.23m x 3.59m)
With tiled floor, dual aspect double glazed sash windows, matching shaker style wall and base units with quartz worktops and inset stainless steel 1.5 bowl sink and drainer, integrated Neff electric oven and grill, Neff induction hob and Faber cooker hood, integrated dishwasher, space for fridge freezer, radiator, understairs cupboard. Door from kitchen to large pantry cupboard/larder. Doors off kitchen to:
Utility - 84 x 89 (2.54m x 2.67m)
With tiled floor, obscured uPVC door to outside, sash window to rear, wall and base units with wooden worktops, space for washing machine and tumble-dryer, Worcester combi boiler.
Boot Room - With quarry tiled floor, radiator, double glazed sash window to side. Door to: Cloakroom/Wc - With quarry tiled floor, two windows, WC, vanity unity with inset hand basin, extractor fan.
First Floor
Landing - Carpeted, stairs to second floor, smoke alarm, two radiators, understairs cupboard, passageway to first floor of annexe, original part-glazed door to balcony. Doors off to:
Bedroom 1 - 145 x 14 (4.40m x 4.27m)
With double glazed sash window with excellent sea views, radiator, fitted wardrobes and chest of drawers, feature fireplace, double glazed window to side. Door to:
Ensuite - With tiled floor, dual aspect double glazed large sash windows, dual vanity unit with hand basins, feature fireplace, heated towel rail, panelled bath, WC, walk in shower.
Bedroom 2 - 145 x 131 (4.39m x 3.99m)
With double glazed sash window, radiator, feature fireplace. Fitted wardrobes. Excellent sea views.
Bedroom 3 - 131 x 1110 (3.99m x 3.61m)
Carpeted, double glazed sash window, radiator, built in cupboard, feature fireplace.
Bathroom - With vinyl flooring, double glazed windows, fully tiled, panelled bath with shower attachment, shower cubicle, pedestal hand basin, heated towel rail.
Second Floor -
Bedroom 4 - 155 x 112 (4.70m x 3.40m)
With velux window and further single glazed window to front, built in cupboard, radiator. Door to:
Ensuite - With vinyl flooring, velux widnow, panelled bath within tiled surround and shower attachment, pedestal hand basin, WC, radiator, eaves storage, shaver point.
Extra Accommodation/Potential Annexe - Separate external entrance from driveway. Also access via boot room from ground floor, with entrance door to:
Hall - With private obscured uPVC door from outside, radiator, understairs cupboard, stairs rising to landing. Door to:
Lounge - 187 x 136 (5.66m x 4.11m)
With wood laminte flooring, two radiators, dual aspect double glazed windows. Squared arch to:
Kitchen - 108 x 74 (3.25m x 2.24m)
With tiled floor, dual aspect windows, matching wall and base units with laminate worktops and inset stainless steel single bowl sink and drainer, integrated dishwasher, integrated oven and induction hob, space for washing machine and fridge freezer.
Landing - With smoke alarm, single glazed window. Doors off to:
Bedroom 1 - 12 x 1011 (3.66m x 3.33m)
With double glazed window, feature fireplace, picture rails, radiator.
Bedroom 2 - 112 x 95 (3.40m x 2.87m)
With single glazed window to side, radiator, picture rails.
Bathroom - With tiled floor and obscured window, radiator, vanity unity with inset hand basin, WC, shower cubicle, panelled bath, heated towel rail.
Location And Outside Space - Pound Road is very convenient for access to Lyme Regis Town Centre. The house is approached by a shared private driveway with a brick paviour parking area with space for three vehicles and pathways and steps leading to the front door. The sheltered front garden provides a lovely entertaining space, with two stone paved areas with herbaceous plants, gravelled patios taking full advantage of the stunning coastal and sea views, and a raised decked area with luxury swim/spa jacuzzi. The front roadside boundary is a stone wall with laurel hedge above, with the gravelled patio continuing to one side of the property with a substantial stone wall alongside and leading to a timber built covered porch off. Large garden shed. The rear garden is tiered with gravelled areas interspersed with specimen trees, whilst to the higher level there is a large recently replaced decking area (with sea views). To the side of the property there is a concreted parking space for one vehicle.
Prospective buyers are encouraged to enquire with the office regarding further details.
Location
Lyme Regis is famed for its many historic connections and character buildings, and of course, for its well known Cobb Harbour. As a resort, it is considered quite unspoilt, but has most of the shops and amenities that one could require, in addition to which there are numerous leisure activities including both sailing and power boat clubs, a cliff top golf course and a bowling club. The whole coastline with Lyme Regis and Charmouth at its centre has recently been designated a World Heritage Site commonly known as the Jurassic Coast. It lies approximately 5 miles from the market town of Axminster, with its main line railway connections to Exeter (41 minutes) and Waterloo (Approx. 2 hours). Taunton and Exeter are within a radius of about 30 miles with access to the M5 motorway and the county town of Dorchester is a similar distance. Locally there are primary schools in Lyme Regis and Uplyme along with the well respected Woodroffe and Colyton Grammar Schools.
Council Tax:
We are advised that this property is in Council Tax Band G. East Devon District Council. Tel:
Services:
We understand the following to be correct but applicants should verify this with their own enquiries.
Electricity: Mains and solar panels which generate a generous income for the current owners
Water: Mains
Drainage: Mains
Heating: Gas central heating
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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