Sold Flat

Flat 2

THE ALCOVE, MARINE PARADE, LYME REGIS, DORSET DT7 3JE

3 beds Listed 14 Feb 2009 (-6328d)

£350,000

Guide Price

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Views Views Living room Kitchen Front of property

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Property details

Tenure

LEASEHOLD

Last sold

£671,075 Dec 2022

Local average

£317,494 (+10.2%)

Deprivation

Decile 8 (24,038 of 33,755)

Street crime

16 incidents within 1 mile (Apr 2026)

Key features

  • sea front location
  • panoramic sea views
  • second floor apartment
  • lounge/dining room
  • kitchen
  • 2 bedrooms
  • bedroom 3/study
  • utility/bedroom 4
  • bathroom
  • small rear courtyard

Description

A unique opportunity to acquire a three/four bedroom top floor apartment situated right on the Marine Parade directly overlooking the beach and sea with spectacular uninterrupted views over Lyme Bay, The Cobb and the Dorset coastline. The location offers all the advantages of a sea front position and yet close to the town centre with all its shops and amenities.

The accommodation briefly comprises living/dining room, a dual aspect room with views to the Cobb, across the sea front and to Portland Bill in the opposite direction, kitchen/breakfast room, 3 bedrooms, utility room/bedroom 4, family bathroom and small enclosed rear courtyard.

The location and accommodation of this apartment makes it ideally suited as a holiday home / holiday let.

Lyme Regis is famed for its many historic connections and character buildings, and of course, for its well known Cobb Harbour. As a resort, it is considered quite unspoilt, but has most of the shops and amenities that one could require, in addition to which there are numerous leisure activities including both sailing and power boat clubs, a cliff top golf course and a bowling club. The whole coastline with Lyme Regis and Charmouth at its centre has recently been designated a World Heritage Site (nicknamed the Jurassic Coast), putting it in the same category as the Grand Canyon. It lies approximately 5 miles from the market town of Axminster, with its main line railway connections to Waterloo (Approx. 2 3/4 hours). Taunton and Exeter are within a radius of about 30 miles with access to the M5 motorway and the county town of Dorchester is a similar distance. Locally there are primary schools in Lyme Regis and Uplyme along with the well respected Woodroffe and Colyton Grammar Schools.

DIRECTIONS: From our Lyme Regis TEAM office, proceed down Broad Street into Bridge Street. The property will be found on the right hand side prior to the traffic lights.
The Alcove is situated at the Eastern end of the Marine Parade.

The accommodation,with approximate measurements, comprises:

Steps rise to:

FRONT ENTRANCE DOOR TO

ENTRANCE HALLWAY : Stairs with wrought iron banister rising to

HALLWAY : Door with glazed panel and large window to the side opens to enclosed COURTYARD at rear.

LOUNGE/DINING ROOM: 22'3" x 13'9" (6.78m x 4.19m). Double aspect with bay windows to the front with seating and window to the side providing spectacular views over Lyme Bay, West Dorset coastline, Marine Parade and The Cobb harbour. Power points and TV point.

KITCHEN/BREAKFAST ROOM: 13' x 9'3" (3.96m x 2.82m). Fitted with a range of white fitted units comprising of base cupboards, drawers and matching wall cupboards. Display cupboards with leaded glass doors. Marble effect work surface with inset stainless steal single drainer sink unit. Tiled surrounds. Concealed lighting. Bay window with views over Lyme Bay and West Dorset coastline.

BEDROOM ONE: 15'4" x 10'9" (4.67m x 3.28m). With bay window over looking Lyme Bay and West Dorset coastline. Fitted wardrobe with storage cupboards above, housing wash hand basin unit. Telephone point. TV point.

BEDROOM TWO: 15' x 9'3" (4.57m x 2.82m). Large picture window with views over Lyme Bay and West Dorset coastline.

BEDROOM THREE/STUDY: at rear 8'4" x 8'9" (2.54m x 2.67m). Window overlooking rear courtyard. Fitted wardrobe with storage cupboards.

UTILITY/BEDROOM FOUR 14'4" x 7' 7" (4.37m x 2.31m ). Previously used as bedroom four. Space and plumbing for washing machine. Gas boiler supplying central heating and hot water.

BATHROOM: Fitted white suite comprising bath with taps. Independent electric shower over with fitted glass shower door. Wash hand basin with mirrored cabinet, shaver light and point. WC. Fully tiled walls.

SERVICES: All mains services are connected to the building. Gas fired central heating.

TENURE: Leasehold.

LOCAL AUTHORITY: West Dorset District Council.

AGENTS NOTE: Please note that the floor plan below is not to scale and is to be used for identification purposes only.

Listed by

Lyme Regis

Fortnam Smith & Banwell

Reference: 24688676

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
1 Sunnybank, Marine Parade, LYME REGIS 27 79 107 m² England and Wales: before 1900 Detached
10 Marine Parade, LYME REGIS 23 75 77 m² England and Wales: before 1900 Terraced
2 Sunnybank, Marine Parade, LYME REGIS 16 82 119 m² England and Wales: before 1900 Detached
5a, Marine Parade, LYME REGIS 42 61 61 m² England and Wales: before 1900 Flat
5a, Marine Parade, LYME REGIS 21 62 61 m² England and Wales: before 1900 Flat
Cobb Gate, Marine Parade, LYME REGIS 79 90 107 m² England and Wales: 1930-1949 Detached
Flat 3 Teneriffe, Marine Parade, LYME REGIS 46 57 53 m² England and Wales: 1930-1949 Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Sold 16/12/2022 (3 years ago) £671,075

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
HOLMCROFT, 24 FLAT 8 BROAD STREET, LYME REGIS, DORSET, DT7 3QE £500,000 01/08/2025 Flat
Same street SUNNYBANK 1 MARINE PARADE, LYME REGIS, DORSET, DT7 3JE £560,000 02/11/2023 Semi-detached
56 JASPER BROAD STREET, LYME REGIS, DORSET, DT7 3QF £265,000 30/03/2023 Flat
32A BROAD STREET, LYME REGIS, DORSET, DT7 3QE £146,000 11/10/2022 Flat
THE BAY APARTMENTS 8 MARINE PARADE, LYME REGIS, DORSET, DT7 3JQ £470,000 30/09/2022 Flat
Same street ARGYLE HOUSE, 11 FLAT 1 MARINE PARADE, LYME REGIS, DORSET, DT7 3JE £525,000 03/08/2022 Other
PYNE HOUSE FLAT 1 BROAD STREET, LYME REGIS, DORSET, DT7 3QD £320,000 28/07/2022 Flat
Same street THE OLD BOAT HOUSE FLAT 2 MARINE PARADE, LYME REGIS, DORSET, DT7 3JE £395,000 30/06/2022 Flat
21D BROAD STREET, LYME REGIS, DORSET, DT7 3QE £325,000 22/06/2022 Flat
HAYDEN OPTICIAN, 52 BROAD STREET, LYME REGIS, DORSET, DT7 3QF £100,000 25/04/2022 Flat
44 - 45 FLAT 3 COOMBE STREET, LYME REGIS, DORSET, DT7 3PY £180,000 25/04/2022 Flat
21A BROAD STREET, LYME REGIS, DORSET, DT7 3QE £345,000 11/04/2022 Flat
26 FLAT 1 BROAD STREET, LYME REGIS, DORSET, DT7 3QE £335,000 04/02/2022 Flat
56 BOTTOM FLAT BROAD STREET, LYME REGIS, DORSET, DT7 3QF £125,000 10/01/2022 Flat
15C BROAD STREET, LYME REGIS, DORSET, DT7 3QE £350,000 14/12/2021 Flat
36 FLAT 1 BROAD STREET, LYME REGIS, DORSET, DT7 3QF £246,500 30/09/2021 Flat
PITT HOUSE FLATS 2 BROAD STREET, LYME REGIS, DORSET, DT7 3QF £215,000 10/09/2021 Flat

Street average: £493,333 (3 sales)

Area average: £280,179 (14 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 61%
10y growth 91.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Dorset. Series: Flats and maisonettes. As of March 2026.

1y (index) -5.3%
5y (index) 0.9%
10y (index) 15.7%

Rental Range

Estimated market rent for Dorset. Low = conservative, Realistic = average, Optimistic = best case.

Low £935/mo
Realistic £1,039/mo
Optimistic £1,143/mo

Based on Local Authority from postcode lookup → Dorset.

LHA (30th percentile) floor for Mid & West Dorset: £898/mo (Apr 2025 – Mar 2026)

Location

Address

Marine Parade

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Old Forge Fossil Shop 0.0 miles
Shop Susie Cole 0.0 miles
Bus stop The Square 0.1 miles
Bus stop Co-op Store 0.1 miles
Train station Axminster 4.9 miles
Hospital Axminster Hospital 4.9 miles
Train station Much Natter 7.5 miles
Hospital Unknown 10.4 miles

Street-level crime

Category Count
Violence and sexual offences 10
Burglary 2
Criminal damage and arson 2
Other theft 1
Vehicle crime 1
Total incidents 16

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
St Michael's CofE Primary School, Lyme Regis Primary 0.4 miles Requires improvement — 16 Jun 2022
The Woodroffe School Secondary 0.8 miles Good — 28 Jan 2024
Mrs Ethelston's CofE Primary Academy Primary 1.4 miles Good — 25 Mar 2024
Charmouth Primary School Primary 1.7 miles Requires improvement — 21 Jun 2022
St Mary's Catholic Primary School, Axminster Primary 4.6 miles Good — 28 Jul 2019

Rental Comparables

Rental listings exist nearby, but none matched the 3-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.3%
Max investor price (0.8%) £129,875
Target investor price (1%) £103,900
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).

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