1-bedroom flat · EX8 2NN
Listing removedListed 644 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom retirement apartment situated on the ground floor Pegasus Court is a development of retirement apartments constructed by Pegasus Retirement Homes Ltd The facilities at Pegasus Court include a Development Manager who sees to the day-to-day running of the development and can also be contacted in the event of an emergency.
For periods when the Development Manager is off-duty each property is linked to a 24 hour emergency call system.
Each property benefits from accommodation that includes an Entrance Hall, Lounge, Kitchen, one or two bedrooms and bathroom.
It is a condition of purchase that residents be over 60 years of age and in the event of a couple one must be over 60 and the other over 55.
Please speak to our property consultant if you require any information regarding Event Fees that may apply to this property. Accomodation Front door leads to entrance hall with doors to all rooms.
Inner Hall Storage cupboard housing hot water cylinder with immersion heaters and slatted shelving. One pendant ceiling light fittings. Slimline electric panel heater.
Emergency pull cord/speech module. Living Room With Juliette Balcony Electric fire. Power point. TV aerial point, telephone point. Night storage heater. One ceiling light point.
Door to: Kitchen With Window Fully fitted with a range of wall and base units with work tops including, built in electric oven and hob with extractor above.
Bedroom Fitted wardrobe with hanging rail and shelf over. Emergency pull cord. Storage heater. TV point. Storage cupboard with shelves also houses fuse board and electric meters.
Bathroom Suite comprising bath with mixer taps and shower head. Low level W.C, pedestal wash hand basin. Light/shaver point. Emergency pull cord. Fully tiled. Extractor fan. Heated towel rail.
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 advisors 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 5, Pegasus Court (Exmouth), Exmouth
Explore nearby