Cobb Road, Lyme Regis

£1,500,000

Guide price

  • Bedrooms: 10
An impressive period home with stunning sea views, located just moments from Lyme Regis Cobb and seafront with a wealth of income opportunities. Spacious 2884sqft net floor area. Large parking area with space for 36 vehicles. In all 0.3 of an acre. Grade II Listed.

THE PROPERTY

Undercliff must be among the most impressive and best utilised of the many fine properties overlooking the water by Lyme Regis' famous harbour and seafront. Standing in a somewhat elevated position just 100 yards from the Cobb, glorious sea and coastal views can be enjoyed throughout, particularly from the upper floors from which the vista can be enjoyed to its fullest advantage. Justifiably Grade II Listed, this handsome house is believed to date back to the 1840s and offers the superb proportions, high ceilings and elegant character features typical of this period of architecture, now dovetailed with every modern convenience. Having been converted into four apartments and an independent annexe in the late 1960s, the property works well for the current owners as a combined home and business and therefore offers a wealth of exciting, unique opportunities for a new owner to continue realising the existing income stream, or to adapt the property to suit their individual needs, with the possibility of converting the property back into one large home or guest house if desired, subject to any necessary consents being achieved.

In its present configuration, the well proportioned accommodation includes a ground floor owners' apartment comprising a comfortable yet stylish sitting room with gas fire; a well appointed kitchen/dining room; two double bedrooms; a bathroom; and a boiler room and utility room/laundry, providing excellent domestic facilities. Furthermore, from the main hallway a concealed staircase leads down to the cellar which offers excellent storage space. The first floor is arranged as two apartments, each with open plan living accommodation and bedrooms facing the sea views, with a further two-bedroom apartment on the top floor, arguably benefitting from the best views in the house. Independently accessed to the side of the property, the annexe currently provides an additional apartment, comprising open plan kitchen/living room/bedroom with separate bathroom and enjoying its own sun terrace.

INCOME STREAM

Owing to its excellent position and thoughtful configuration, the property currently provides a healthy income through holiday letting three of the apartments in the main house as well as the annexe. Furthermore, the outside space is primarily laid to tarmac providing ample parking for the owners and their guests as well as a further useful source of income via letting parking spaces. This venture has proven very popular with nearby properties who lack private parking of their own as well as ad-hoc bookings for individual beachgoers.

OUTSIDE

The plot at Undercliff extends to approximately 0.3 of an acre which is mostly laid to tarmac, providing spaces for 36 vehicles and giving access to a double garage, to the rear of the property is a covered area which benefits from direct access to the owners' apartment and provides a secluded setting for relaxing outside.

SITUATION

The property enjoys an enviable position just a stones' throw from the waters edge in the historic coastal town of Lyme Regis, famous for its historic Cobb and harbour and glorious beaches which are all very close by. The town is located on the stunning Jurassic Coast World Heritage site and within the West Dorset Area of Outstanding Natural Beauty. Lyme Regis is a thriving community with good shopping, business and leisure facilities and cultural experiences to suit all tastes. At nearby Axminster there is a main line service to London and the historic market town of Bridport is also easily accessible.

AGENTS' NOTE

Please note that the car parking area was underpinned in 2005 along with further land in the surrounding area.

SERVICES

Mains water, drainage, electricity and gas.

VIEWINGS

Strictly by appointment with Stags Bridport office, telephone 01308 428000.

DIRECTIONS

From the A35 Charmouth roundabout follow the A3052 into Lyme Regis and continue through the town centre. just before the Holmbush Car Park turn left onto Cobb Road and proceed down the hill towards the harbour. The property can be found on the right shortly before reaching the Cobb Arms.

Arrange viewing 01308 301006

Stags - Bridport

29 South Street, Bridport, Dorset, DT6 3NR

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