Summary - Pegasus Way, Gillingham, Kent, ME7 ME7 1GD
2 bed 2 bath Flat
High-floor two-bed with large balcony, parking and resident gym — long lease, chain-free..
Large wrap-around balcony with wide river and city views
High-spec kitchen: granite worktops and integrated appliances
Master bedroom with en suite bathroom
Included resident gym and communal Wi‑Fi lounge
One secure underground parking permit provided
Long lease (981 years) and chain-free sale
Above-average service charge £4,050; ground rent £300
Medium flood risk; area classed as deprived/student neighbourhood
This 13th-floor, two-bedroom apartment offers a high-spec, open-plan living space and a wrap-around balcony with wide river and city views. The modern kitchen includes granite worktops and integrated appliances; the master bedroom benefits from an en suite. Included resident amenities—on-site gym and communal Wi‑Fi lounge—add convenience and rental appeal.
The property is sold chain-free on a long lease (981 years) and comes with one underground parking permit. These practical features, plus the contemporary finish and location in a waterfront high-rise, make it suitable for buy-to-let investors targeting students or professionals who value communal facilities and transport links.
Buyers should note material running costs: an above-average annual service charge of £4,050 and ground rent of £300. Heating is provided via a community scheme, and broadband speeds are average. The site sits in an area assessed as deprived and classed locally as a cosmopolitan student neighbourhood, which can affect long-term capital growth and tenant mix.
Other considerations: the property has a medium flood risk, and the communal nature of the building means communal rules and charges apply. The long lease and no forward chain are positives, but factor in service charges and local market dynamics when assessing yield or suitability as a primary residence.
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