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See how verdicts work2-bedroom flat · BS48 2BP
For saleReduced £25k (−9.3%) on 23 JunListed 580 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb retirement apartment is located within a popular development, offering a peaceful and welcoming community atmosphere.
Positioned on the desirable garden level, the apartment features two spacious double bedrooms, ideal for comfortable living.
The modern bathroom includes a bath and a separate shower, providing convenience and relaxation.
The bright and airy kitchen boasts ample storage space and overlooks the beautifully maintained communal gardens.
For those who enjoy outdoor living, the apartment includes a private patio that adjoins the gardens, offering a tranquil spot to relax and unwind.
Residents can enjoy the benefits of a communal lounge with a kitchenette, perfect for hosting or participating in regular social activities.
There is also a visitor suite available, and parking is available on a first-come, first-served basis.
Additional features include lift access to the garden level, an in-house laundry room operated on a rota basis, and 24/7 emergency pull cords for peace of mind.
The full-time on-site house manager is available to assist with any needs, and the development is ideally positioned within a level walk of Nailsea Town Centre, providing easy access to local amenities.
This property offers the perfect balance of independence and support in a friendly and well-maintained environment. Utilities Mains electric, water and drainage. Electric heating.
Broadband and mobile coverage Standard broadband available with highest available download speed 22 Mbps and highest available upload speed 1 Mbps.
You may be able to obtain broadband service from fixed wireless access providers covering this area - EE, Three Mobile coverage is good outdoor and in-home. Subject to your network.
This information has either been sourced via the sellers of the property or and is accurate to the best of knowledge.
Lease Information 125 year lease from 01/01/2009 Service Charge = £5092.02 pa Pets are not allowed. Building is managed by First Port.
The lease permits letting - Not permitted Holiday lets/Air bnb – We are unable to confirm whether the lease allows for holiday lets or Air bnb.
Please advise us if you are interested in the property for this purpose and we will do our best to advise prior to arranging a viewing.
This information has been supplied by the vendor at the time of marketing and is correct to the best of our knowledge.
We would recommend that any interested party seeks verification of this information from their solicitor prior to purchase.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Pegasus Court, Flat 13, 83, Silver Street, Nailsea
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