Summary - Pegasus Way, Gillingham, Kent, ME7 ME7 1GD
1 bed 1 bath Flat
Newly renovated riverside flat with parking and a long lease — ideal for first-time buyers or investors.
Riverside balcony with marina views
Set on the waterfront in The Peninsula, this newly renovated one-bedroom apartment makes an attractive, move-in-ready option for first-time buyers or investors seeking a city-edge riverside address. The open-plan living area flows onto a balcony with marina views; secure underground parking and on-site amenities — gym and rooftop garden — add convenience and lifestyle appeal.
Practical positives include a very long lease (990 years), fitted bedroom storage, and recent refurbishments that reduce immediate maintenance needs. Broadband is average but mobile signal is excellent, and communal riverside walks, nearby shops, cafés and a supermarket mean day-to-day life is straightforward.
Buyers should note material facts: the property is leasehold with an average annual service charge of £1,360 and a small ground rent of £250. Heating is via a community scheme rather than an individual boiler, and the property sits in an area classified as deprived with a student-focused local profile — factors that influence resale and letting demand differently than purely residential neighbourhoods.
There is a medium flood risk for this location; prospective buyers should confirm insurance costs and any flood mitigation measures. Crime levels are low and local schools nearby are rated Good, which supports a broad buyer/investor market. Overall, this is a low-maintenance, modern riverside flat with clear investment potential, well-suited to someone wanting immediate occupancy or a straightforward rental proposition.
1 bedroom apartment for sale in The Peninsula, Pegasus Way, Gillingham, ME7 — £170,000 • 1 bed • 1 bath
2 bedroom flat for sale in Pegasus Way, Gillingham, Kent, ME7 — £250,000 • 2 bed • 2 bath • 855 ft²
2 bedroom apartment for sale in Pegasus Way, Gillingham, ME7 — £279,000 • 2 bed • 1 bath • 840 ft²
1 bedroom flat for sale in Pegasus Way, Gillingham, Kent, ME7 — £220,000 • 1 bed • 1 bath • 520 ft²
2 bedroom apartment for sale in Pegasus Way, Gillingham, Kent, ME7 — £190,000 • 2 bed • 1 bath • 518 ft²
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