Summary - Flat 39 Peninsula Quay, Pegasus Way, GILLINGHAM ME7 1GJ
2 bed 2 bath Flat
Contemporary apartment with parking and communal amenities, ideal for first-time buyers or landlords.
Two double bedrooms, master with ensuite and dressing area
Open-plan kitchen/lounge leading to balcony with river views
Built 2018; modern finish and communal purified drinking water
Allocated off-street parking plus visitor spaces
Communal gym and Wi‑Fi lounge for residents
Long lease (982 years) and low flood risk
Service charge c. £3,000pa; ground rent c. £300pa
Located in a student-focused, deprived area — strong rental demand
Bright, modern and ready to move into, this 2018 two-bedroom apartment sits on Pegasus Way with direct views over the Medway River and marina. The open-plan kitchen/lounge flows to a balcony, ideal for morning coffee or evening relaxation. The master bedroom includes an ensuite and dressing area; a second double and separate family bathroom complete the accommodation.
Practical ownership features include an allocated off-street parking space, visitor parking, a very long lease (982 years) and low flood risk. Residents also benefit from communal facilities — a gym and Wi-Fi lounge — plus an on-site purified drinking water facility. The building’s contemporary lobby and riverside setting add to the overall appeal.
Be aware of ongoing costs: the service charge is approximately £3,000pa and ground rent around £300pa. Heating is provided by a community scheme rather than individual boilers, which may affect bills and choice of provider. The property is in a cosmopolitan, student-focused neighbourhood and the wider area is classified as deprived — a positive for rental demand near universities but something to weigh if seeking a quieter family location.
This flat suits a first-time buyer seeking a low-maintenance, modern home with strong rental potential, or an investor targeting student and commuter lets close to shops and transport links. It is offered as seen, with the option for furniture to be included in a sale if required.
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