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53 Broad Street, Lyme Regis, Dorset
£995,000
Bedrooms
Bathrooms
Nestled in the idyllic hamlet of Harcombe, just a short drive from the coastal town of Lyme Regis, this charming Devon Longhouse offers a unique blend of rustic heritage and modern comfort. This location offers unrivalled peace and quiet with only bird song for background noise. Situated off a country lane a private driveway leads through the grounds with wonderful views in all directions over the gardens, grounds and adjoining countryside.
The house dates back to 19th century and was originally the Game Keepers Cottage for the Harcombe Estate in more recent years has been carefully restored and extended. Worthy of particular note is the large conservatory which makes the most of the stunning views across the countryside. The well-presented accommodation, with numerous character features typical of its period, includes fireplace now housing a woodburner, exposed beams and window seats.
The property is accessed from the storm porch and enters into the triple aspect Lounge with views over the grounds. Two window seats are also featured in the room along with the woodburner with opening allowing you to look into the Kitchen. Flagstone flooring and fitted with a range light blue units comprising base cupboards and drawers with matching wall cupboards. Wood work surfaces with inset sink and drainer. Appliance space for a Rangemaster cooker and stand-up fridge/freezer. A door leads out to the patio.
The dining room features another woodburner and French oak flooring that runs beautifully into the conservatory via a large opening that makes the most of the beautiful views over the woodland.
The first floor features three double bedrooms all with views looking over the grounds. The master bedroom benefits from an ensuite shower room. A family bathroom services bedrooms two and three and completes the main houses internal accommodation.
Outside
The property is accessed via a sweeping private driveway and leads to a large parking area. A paved patio in front of the house makes the most of the fabulous surroundings. The pasture is ideal for hobby farming or simply enjoying as private open space. The woodland area offers a peaceful retreat or play area for children. A small stream splits the ground from the main house to the cabins garden however beyond this is further acreage with fields leading up to the lane with the potential for keeping livestock or keeping as a wild flower meadow. A shepherd hut is also found on this part of the property that has a composting toilet, this is separate to the house sale and has potential to make an income. Two store sheds are on the grounds with electric.
The Cabin
A currently successful holiday cabin run by the owners was built in 2019 and is found in the grounds of the property. Featuring a lounge/kitchen with woodburner adding to the secluded feel of the cabin and fully functioning kitchen with cooker, dishwasher and standup fridge/freezer. A bedroom with window looking out and shower room with a white suite complete the ground floor. Upstairs is a mezzanine bedroom with double doors looking out. A timber decking looks over the lawned grass area and woodland beyond.
Location
Uplyme offers facilities for everyday requirements, including a Post Office and Stores and Petrol Station with convenience shop. There is a lovely church, good local Inn (Talbot Arms), village hall, cricket club, playing fields and tennis court. The market town of Axminster, with its main railway connection to Waterloo (approximately 2 3/4 hours), is about 5 miles to the West and Bridport is some 11 miles to the East. The coastal resort of Lyme Regis, with all the day to day amenities one could require, is about 1 mile away and has recently been designated a World Heritage Site (nicknamed the Jurassic Coast), putting it in the same category as the Grand Canyon. The renowned Dorset and South Devon Coastal Path can also be joined at Lyme Regis. Taunton and Exeter are within a radius of about 30 miles, each with access to the M5 motorway. The county town of Dorchester is a similar distance away. The village is in the catchment area for Colyton Grammar School and the Woodroffe School.
Council Tax:
We are advised that this property is in Council Tax Band E. East Devon Council.
Services:
We understand the following to be correct but applicants should verify this with their own enquiries.
Electricity: Mains
Water: Mains
Drainage: Septic tank
Heating: Oil 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.
53 Broad Street, Lyme Regis, Dorset
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