Worst House on the Street Logo
Church Street, Lyme Regis - Image 1
Church Street, Lyme Regis - Image 2
Church Street, Lyme Regis - Image 3
Church Street, Lyme Regis - Image 4
Church Street, Lyme Regis - Image 5
Church Street, Lyme Regis - Image 6
Church Street, Lyme Regis - Image 7
Church Street, Lyme Regis - Image 8
Church Street, Lyme Regis - Image 9
Church Street, Lyme Regis - Image 10
Church Street, Lyme Regis - Image 11

Church Street, Lyme Regis

South West

£750,000
Listed on 22/11/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
2491 sqft

Description

This unique property presents a remarkable investment opportunity located in the heart of Lyme Regis, just a short stroll from the beach. Previously operated as a flourishing Italian restaurant for three decades by the same family, this grade II listed building features a spacious four-bedroom maisonette above and offers substantial potential with an additional detached single-storey annex that has successfully functioned as a holiday let for over ten years. The ground floor encompasses a fully equipped commercial kitchen and restaurant area with access to landscaped gardens, providing an ideal setup for continued hospitality use or conversion into additional residential space. The maisonette is spread across two levels and includes essential living amenities as well as the possibility of transforming it into two separate two-bedroom apartments, supported by planning permission granted in 2022. Further opportunities exist to explore dividing the entire building into three distinct apartments, subject to necessary consents. Retaining period features such as open fireplaces and exposed beams, this property blends character with modern investment potential. The garden area not only provides privacy for the annex but also enhances outdoor appeal with attractive seating spaces. Located within a conservation area, just meters away from local shops and seafront attractions, this property is set amidst a vibrant community known for its artisanal offerings and natural beauty along the Jurassic Coast World Heritage Site. This property holds considerable renovation possibilities while being situated in a highly desirable location known for its rich history and scenic landscapes.

Investment Analysis

(DT7 area)

Below Market Value

This property is priced -27.4% below area average per sq ft

-27.4%
Potential saving
This Property
£301/sq ft
Area Average
£415/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,136,456
10% above area average per sq ft
Potential ROI
+30.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (DT7)

Area prices are rising by +7.3% over the last 12 months
3 year growth: 15.9%
5 year growth: 36.4%
Investment Disclaimer: Analysis based on DT7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Church Street, Lyme Regis
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,747
Based on a loan of £562,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Similar Properties