Are you an Estate Agent? Register here
53 Broad Street, Lyme Regis, Dorset
£1,100,000
Bedrooms
Bathrooms
A charming picture postcard thatch cottage with holiday accommodation and outbuildings set in approximately 5 acres, enjoying a peaceful countryside location with stunning views within the highly sought after Harcombe Valley.
Nestled in the idyllic hamlet of Harcombe (an area of outstanding natural beauty), just a short drive from the coastal town of Lyme Regis, this charming cottage dates back to circa 1600s and offers a unique blend of rustic heritage and modern comfort. This location with its unrivalled peace and quiet with only bird song for background noise is situated off a country lane, a private driveway leading through to a gravelled parking area with views of the valley.
The cottage still holds many original features such as exposed beams, window seats and fireplaces, typical of its period. In more recent years the cottage has been carefully restored and extended to make the most of the lovely views across the countryside. This well-presented accommodation now benefits from modern double glazing windows, updated kitchen and bathrooms. The barn measures 19 meters x 6 meters and has potential for further development subject to planning permission.
The property is accessed from the path down from the parking area and enters into the hall with understairs cloakroom and stairs rising to the first floor. The dining room is found first with exposed beams and two windows looking over the front patio. A large original fireplace with working woodburner on a stone hearth separates the dining room and lounge. The spacious lounge has a window looking across the grounds and countryside beyond and has a door directly onto the front patio. A third bedroom/study is found on the eastern side of the property which creates a glorious space to enjoy the far-reaching view.
The galley style kitchen/breakfast room is fitted with a range of modern cream effect units comprising base cupboards, drawers and matching wall cupboards. Wood work surfaces with inset stainless-steel sink and drainer with integrated appliances including washing machine, tumble dryer and fridge-freezer. Inset 4 ring gas hob with extractor fan above. Built in Aga. There is space for a table and chairs in front of double doors that open and allow you to take in the views. A family bathroom with white fitted suite completes the ground floor accommodation. The first-floor features three bedrooms all with views looking over the grounds and storage. The generously sized master bedroom benefits from an ensuite shower room with white suite, and excellent views. A family bathroom services bedrooms two and three and completes the main houses internal accommodation.
Outside
The property is accessed via a private driveway and leads to large parking areas for the cottage and holiday accommodation. A paved patio in front of the house makes the most of the fabulous surroundings. The pasture next to the cottage is ideal for hobby farming with the large barn situated within it measuring 19m x 6m or simply enjoying as private open space. Beyond this is further acreage with fields leading to the bottom of the valley with the potential for keeping livestock or keeping as a wild flower meadow.
Linhay Cottage
A currently successful holiday cottage run by the owners was built in 2018 and is found in the grounds of the property. Featuring a lounge with woodburner adding to the secluded feel of the cottage and fully functioning kitchen with cooker, dishwasher and standup fridge/freezer. A bedroom with velux window and ensuite shower room with a white suite complete the ground floor. Upstairs is a mezzanine study with velux window looking out. A paved patio 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 G. 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: Mains
Heating: Gas Central heating
Map location is not available for this property.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy