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 house · MK46 4AU
Sold STCListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AN EXCELLENT OPPORTUNITY TO ACQUIRE A WELL PRESENTED AND LARGER THAN AVERAGE ONE BEDROOM RETIREMENT APARTMENT FOR THE OVER 55s.
PLEASANTLY POSITIONED WITHIN PEGASUS MANOR AND OVERLOOKING THE GROUNDS OF THIS EXCLUSIVE DEVELOPMENT.
ENJOYING A 'SECOND TO NONE' TOWN CENTRE LOCATION IN CLOSE PROXIMITY TO THE HIGH STREET AND MARKET PLACE, THE PROPERTY BENEFITS FROM A RANGE OF FIRST-RATE COMMUNAL FACILITIES AND IS OFFERED WITH NO ONWARD CHAIN.
THE APARTMENT, WHICH CAN BE ACCESSED VIA STAIRWAY OR ELEVATOR, IS FOUND ON THE FIRST FLOOR AND BOASTS A WESTERLY ASPECT.
THE ENTRANCE HALL FIRST LEADS TO A ROOMY AND COMFORTABLE SITTING/DINING ROOM WITH A WALK-IN DOUBLE GLAZED BAY WINDOW, WHICH EXIBITS ELEVATED VIEWS OF THE GROUNDS, PARKLAND AND THE CHURCH.
THE FITTED KITCHEN WITH IN-BUILT OVEN AND HOB ALSO LOOKS OUT OVER THIS PICTURESQUE SCENE, AS DOES THE GENEROUS DOUBLE BEDROOM WITH BUILT-IN WARDROBES.
FINALLY, THE SLEEK REFITTED SHOWER ROOM PROVIDES AN ATTRACTIVE AND DEPENDABLE BATHROOM FACILITY.
FURTHER BENEFITS INCUDE DOUBLE GLAZING AND ELECTRIC HEATING, GOOD STORAGE SPACE AND A 24/7 EMERGENCY CALL-OUT SERVICE.
Council Tax Band: C Tenure: Leasehold (116 years) FACILITIES AND SERVICE CHARGE 116 years left on the lease.
The Service Charge is administered by First Port Retirement Property Services Ltd and the estimated charge per quarter is £1,175.23, this includes buildings insurance, water charges, all exterior maintenance to both the buildings and gardens, cleaning and maintenance of all exterior areas.
Pegasus Manor communal facilities include the use of a drawing room, dining room, library, conservatory, laundry room and gardens. Choice of paying ground rent or exit fee.
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 9am to 5pm, and all residents have peace of mind of a 24/7 emergency call out service operated by Appello Call System.
LOCATION Olney’s historic and thriving town centre is just a short walk away, offering a wide range of independent shops, cafes, pubs, regular markets, transport links and the doctor’s surgery is located ‘just off’ the High Street.
Surrounded by attractive countryside with scenic riverside walks along the Great Ouse, Olney combines traditional market town charm with modern convenience.
Bus service and road links provide access to Milton Keynes, Bedford and Northampton.
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.
Area
Agent & docs
FAQ
About Freemans Gardens, Olney
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