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See how verdicts work1-bedroom house · BS20 6ZE
Listing removedListed 207 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented second floor retirement apartment available in the popular Pegasus Court in Portishead, located on the doorstep of the vibrant High Street. Sold with no onward chain.
Overview Inside you are greeted by hallway, lovely open plan lounge/diner with a Juliet balcony showcasing lovely rural views and the front communal gardens.
There is an opening to a fitted kitchen with built in oven, hob, microwave and fridge/freezer.
There is 1 double bedroom with built in wardrobes, a 4 piece bathroom suite with separate shower, and a good size storage/airing cupboard located off the hallway.
This retirement home has communal gardens, large communal lounge and kitchen area for all guests, lodge manager, laundry room, lift service and 24 hour emergency call systems.
Outside This retirement complex has beautifully maintained and spacious communal gardens with gated communal parking available on a first come, first served basis.
Location This development is the closest retirement complex to the High Street, just a stones throw away from shops, cafe's and restaurants. We think...
This flat is a perfect fit for those who are looking to downsize and be as close to the High Street as possible. Material information (provided by owner) Leasehold.
There is a 125-year lease term for 2007, with 108 years remaining. Management charge is £2,882 per year. Ground rent charge of £459 per year. Council Tax Band C
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 Pegasus Court, Portishead
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