2-bedroom flat · BS23 4AL
For saleReduced £25k (−7.7%) on 9 JulListed 250 days
Opportunity summary
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About
A beautifully presented and finely positioned sea & park view retirement apartment in the popular Pegasus Court development built in 2007.
A superb 2 bedroom over 60's retirement apartment which forms part of this beautifully situated development on the sea front at Weston super Mare.
This highly regarded development boasts impressive on site facilities and a safe environment to enjoy your retirement years.
Flat 32 is located on the second floor of the building and is a very well arranged example with good size balcony off the Sitting/Dining Room. Please see floor plan for the layout.
*Immaculate communal gardens *814 square feet *Communal Lounge, gym & mobility scooter storage *Communal Wash Room/Utility *Parking *Walk to the beach in seconds *Secure living environment *No onward chain *Electric heating *Lift service to all floors *Built in wardrobes to both bedrooms *Emergency pull cord system, if needed *Very well presented In brief: Entrance Hall: Large storage cupboard with further airing cupboard.
Sitting/Dining Room: A great size room measuring 20'8" long with space for dining table and chairs, dual aspect windows plus door leading out to a: Good size Balcony: Enclosed by railings.
Lovely sea & park views. Kitchen: Fitted with a range of floor and wall units with roll edge worksurfaces over and tiling to splashbacks.
Inset stainless steel sink with mixer taps, built in electric fan assisted double oven, electric hob and extractor, built in microwave, integrated fridge/freezer and UPVC double glazed window to rear.
Bathroom: A generous size bathroom fitted with white suite comprising: Panelled bath, separate shower cubicle with electric shower, range of fitted cupboards which incorporate the wash hand basin & the low level wc.
Generously tiled walls and heated towel rail, extractor fan & shaver point. Bedroom 1: Range of fitted wardrobes and double glazed window to rear.
Bedrooms 2: Also a great size with double glazed window to rear. Outside Well designed and maintained communal gardens. Secure parking.
Tenure: Leasehold - 106 years remaining Service Charge: £3630 per annum to include: Insurance & maintenance of building and grounds.
Ground Rent: £199.50 per annum Council Tax Band: D Energy Rating: Applied for.
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
FAQ
About 32 Pegasus Court, 58 Beach Road, Weston-Super-Mare
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