Summary - Pegasus Way, Gillingham, Kent ME7 1GD
2 bed 2 bath Apartment
Contemporary fifth-floor apartment with parking and long lease near transport links.
• Balcony with direct River Medway and marina views
• Newly renovated throughout, move-in ready
• Main bedroom with en-suite shower room
• Long lease (990 years) and allocated undercover parking
• Compact footprint — approximately 563 sq ft
• Service charge c. £3,260pa and ground rent c. £300pa
• Community heating system; check running costs and checks
• Medium flood risk; consider insurance and resilience measures
Set on the fifth floor with a balcony overlooking the River Medway and marina, this two-bedroom apartment is newly renovated and ready to move into. The open-plan kitchen/lounge/dining room maximises light and the larger bedroom benefits from an en-suite, making the layout practical for couples or sharers. Allocated undercover parking and a long lease (990 years) add genuine ownership convenience.
Practical running costs should be noted: the property sits on a community heating scheme and attracts an average annual service charge of £3,260 with a ground rent of £300. The apartment is compact at about 563 sq ft, so it’s best suited to buyers looking for low-maintenance riverside living rather than large family accommodation. There is a medium flooding risk for the area — buyers should factor this into insurance and resilience planning.
Positioned in a lively, cosmopolitan neighbourhood with good commuter links into London, the development offers nearby shops, cafes, leisure facilities and a marina. Local schools include several Good-rated options, and the building benefits from low local crime and excellent mobile signal. Overall, the flat will suit first-time buyers or investors seeking a contemporary riverside bolthole with solid lease terms, but buyers should budget for ongoing service charges and consider flood risk and community heating when assessing running costs.
2 bedroom apartment for sale in Pegasus Way, Gillingham, Kent, ME7 — £190,000 • 2 bed • 1 bath • 518 ft²
2 bedroom flat for sale in Watersmeet, St. Mary's Island, Chatham, Kent, ME4 — £210,000 • 2 bed • 1 bath • 614 ft²
3 bedroom apartment for sale in Pegasus Way, Gillingham, Kent, ME7 — £250,000 • 3 bed • 2 bath • 835 ft²
2 bedroom flat for sale in The Peninsula, Pegasus Way, Gillingham, ME7 — £275,000 • 2 bed • 2 bath • 727 ft²
2 bedroom flat for sale in Pegasus Way, Gillingham, Kent, ME7 — £220,000 • 2 bed • 2 bath • 855 ft²
2 bedroom flat for sale in Pearl Lane, Gillingham, Kent, ME7 — £210,000 • 2 bed • 2 bath • 593 ft²
