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Church Street, Lyme Regis

South West

£495,000

Listed on 16/10/2026

The listing

Property details

Bedrooms
5
Type
Terraced
Area
2491 sqft

Features

  • Garden

Description

This Grade II listed late-17th-century building in Lyme Regis combines a four-bedroom maisonette, a detached one-bedroom garden annex and former restaurant premises. The ground-floor restaurant includes a commercial kitchen, with furniture and equipment stated to be included. The space could continue in commercial use or may offer scope for residential conversion, subject to the necessary consents. The maisonette is arranged over the first and second floors. Its lower level has a kitchen, sitting room, bathroom and bedroom, with three further bedrooms and a second bathroom above. The upper floors were previously granted planning permission in 2022 for division into two two-bedroom apartments, although that scheme was not implemented. Further subdivision of the building has also been suggested, subject to planning and listed building consent. The annex provides separate single-storey accommodation and has been used as holiday accommodation. Period details include open fireplaces, exposed beams and sash windows. At the rear, the enclosed garden has seating areas and separate space around the annex, with a pedestrian gate at the far end. The property is in Lyme Regis old town, around 100 metres from the seafront and town-centre shops. It lies within a Conservation Area. The house has an EPC rating of D and the annex an EPC rating of E. Any proposed changes or new uses would need their planning and listed-building requirements checked.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

82out of 100
Grade AStrong opportunity

Confidence: MEDIUM

At £495,000, this is a strikingly low asking price for the floor area: about £199/sq ft versus a local average of £418. That makes it an unusually affordable way into a substantial, Grade II listed property in Lyme Regis’s old town, close to the seafront. The upper maisonette looks usable, and the period beams, fireplaces and exposed stonework give the building plenty of character.

The opportunity is to refresh the former restaurant and commercial kitchen, or explore the described residential conversion and subdivision possibilities, subject to planning and listed-building consent. A detached garden annex and landscaped rear garden add flexibility and appeal. The indicated £5,000–£12,000 renovation range suggests a light-scale project, though the partial roof views do not allow a detailed condition assessment.

Key opportunities

  • Acquire a large 2,491 sq ft property at about £199/sq ft, well below the local average.
  • Refresh the former restaurant and commercial kitchen, retaining the option to continue commercial use or explore residential conversion subject to consent.
  • Make use of the detached garden annex, landscaped outdoor space and distinctive period features.

Key risks

  • Roof condition cannot be assessed in detail from the partial views.
  • The property is Grade II listed and in a Conservation Area, so proposed conversion or subdivision would require the relevant planning and listed-building consents.

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Map

Location

Church Street, Lyme Regis
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Transport

Nearest stations

  • Axminster Rail Station

    4.9 miles

    Train · Axminster

  • Colyford Station (Seaton Tramway)

    5.5 miles

    Tram · Colyford

  • Colyton Station (Seaton Tramway)

    5.8 miles

    Tram · Colyton

  • Seaton Terminus (Seaton Tramway)

    6.1 miles

    Tram · Seaton

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£2,023
Based on a loan of £371,250 over 30 years at 5.13% 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.

Tax

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