We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Welcome Homes are delighted to present this charming and well maintained third floor retirement apartment situated with the popular Pegasus Court development in Bournemouth.
The property offers comfortable and convenient retirement living, with well-proportioned accommodation and access to a range of communal facilities.
The spacious lounge provides a comfortable living area, providing natural light from the dormer window overlooking the front of the property.
The double bedroom benefits from fitted wardrobes, drawers and cupboards surrounding the bed, providing practical and convenient storage.
Accessed from the lounge, the modern kitchen is fitted with a range of wall and base units, complemented by work surfaces and a tiled splashback.
Further features include a combi oven/microwave, electric hob with extractor hood and integrated fridge/freezer.
The bathroom comprises a bath with an overhead shower, WC, wash hand basin and mirrored cabinet, offering additional storage.
One of the standout features of Pegasus Court is the heated swimming pool and jacuzzi, available for residents to enjoy. Private parking is also available on a first-come, first-served basis.
There is a hairdresser onsite every Wednesday and available for appointments. The salon can also be used by a residents own hairdresser during all other times subject to availability.
Pegasus Court is an attractive retirement development ideally positioned less than half a mile from the shops, cafés and restaurants of Charminster.
Asda superstore, Bournemouth railway station and Meyrick Park are all within approximately one mile, while Bournemouth town centre and the seafront are also easily accessible.
Regular bus services operate from stops just outside the development, providing convenient transport links in both directions.
Bournemouth railway station offers further connections, including services to London and Manchester.
Bournemouth is renowned for its award-winning Blue Flag beaches and offers a wealth of amenities, including a variety of shops, restaurants, leisure facilities and cultural attractions.
Popular destinations include the Russell-Cotes Art Gallery & Museum, Oceanarium and Bournemouth International Centre.
The development benefits from an on-site House Manager, available during the day to assist residents and oversee the day-to-day running and upkeep of the development.
A guest suite is available for visiting friends and family.
Residents may also make use of guest suites at Churchill Living developments throughout the country, with prices available from the House Manager.
Safety and security are key features of Pegasus Court.
The apartment is equipped with an emergency Careline system, monitored by the on-site House Manager during the day and by the Careline team 24 hours a day, 365 days a year.
A secure entry system, together with comprehensive fire and smoke detection throughout the apartments and communal areas, provides additional reassurance.
Please note: Pegasus Court has a minimum age requirement of 55 years for residents. Lease: 150-year lease commencing in 1992. Service Charge: £4871.68 Per Annum.
Ground Rent: Not collected where the applicable transfer fee is paid by the owner on completion of the sale. Council Tax: Band D.
Pets: Prospective purchasers should contact Churchill Estates Management to confirm the current pet policy.
Any permission granted will be subject to the terms of the lease and any additional rules and regulations imposed by Churchill Estates Management.
The service charge includes the Careline system, buildings insurance, water and sewerage rates, cleaning and maintenance of communal areas, garden maintenance, swimming pool maintenance, lift maintenance and the services of the House Manager.
This appealing retirement apartment presents an excellent opportunity to enjoy comfortable, convenient living within a well-appointed development, ideally located to benefit from Bournemouth's shops, transport links and coastal attractions.
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
Agent & docs
.png)
FAQ
About Flat 36, Pegasus Court, Bournemouth
Explore nearby