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See how verdicts work2-bedroom house · MK46 4AU
Under offerListed 285 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom bungalow situated within the sought-after Pegasus Retirement Housing development in Freemans Gardens, Olney, offering comfortable and secure living exclusively for the over-55s.
The property is conveniently located within easy walking distance of Olney town centre, providing excellent access to local shops, cafés, amenities and transport links, while enjoying the peace and community feel of this established retirement setting.
The accommodation is thoughtfully laid out and comprises a spacious living room, a separate dining room/study, and a fitted kitchen.
There are two bedrooms, the principal bedroom benefiting from an en-suite bathroom, along with a separate shower room accessed from the entrance hall.
Additional features include a useful utility room and ample storage throughout. Designed with practicality and comfort in mind, the bungalow offers approximately 894 sq. ft.
of accommodation, all on one level, making it ideal for those seeking ease of living.
Residents of the Pegasus development benefit from a supportive environment, well-maintained communal areas and the reassurance of a retirement-focused community.
An excellent opportunity to acquire a well-proportioned bungalow in a prime Olney location, combining independence, comfort and convenience.
The Service Charge is administered by First Port Retirement Property Services Ltd and the estimated charge per quarter is £1,175.24.
This includes buildings insurance, water charges, all exterior maintenance to both the buildings and communal gardens, along with cleaning and maintenance of all internal communal areas.
Pegasus Manor communal facilities include the use of a Lounge, Dining Room, Library, Conservatory, Laundry Room, and Gardens.
In addition, there is a residents' guest suite, available in the main Manor House at a low cost per night.
An on-site Administrator is available Monday to Friday 9.00 am to 5.00 pm, and all residents have peace of mind of a 24/7 emergency call out service operated by Appello Call System.
Council Tax Band: E Tenure: Freehold PLEASE NOTE
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
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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.
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About Freemans Gardens, Olney
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