ME7 1GJ - 3 bed riverside balcony apartment in Pegasus Way, ME7 1GJ

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3 bedroom apartment for sale in Pegasus Way, Gillingham, Kent, ME7

Summary - Pegasus Way, Gillingham, Kent ME7 1GJ

3 bed 2 bath Apartment

Panoramic water views with private garden and secure parking — ideal for family living.
3 bedrooms, large principal with en-suite and two balconies offering panoramic water views|Third-floor luxury apartment in a select waterside development|Private shared garden and secure underground allocated parking|Very long lease (991 years) — leasehold tenure|Community heating scheme; confirm service arrangements and costs|Service charge about 4,260 (above average) — ongoing expense|Ground rent 2,100 (very expensive) — factor into running costs|Area shows higher deprivation despite nearby good schools and amenities
Set on the third floor of a select waterside development, this three-bedroom luxury apartment offers exceptional outlooks and practical living for families or investors. The open-plan kitchen/living area leads to two balconies with panoramic water views, while a private shared garden and secure underground allocated parking add convenience and outdoor space. The layout is L-shaped with well-proportioned rooms, including a large principal bedroom with en-suite shower room.

The build is contemporary, with a modern fitted kitchen and efficient new-build fabric; the property benefits from a very long lease (991 years) and low flood risk. Heating is provided via a community scheme which suits apartment living but prospective purchasers should confirm service arrangements. Broadband speeds are average and mobile signal is excellent; local amenities including shops, cafes and a marina are all within easy reach.

Buyers should note the cost of communal services: an above-average service charge (approximately 4,260) and a high ground rent ( 2,100) are payable. Council tax is above average and the area shows higher levels of deprivation, which may affect long-term rental demand and resale expectations in parts of the wider neighbourhood.

Overall this is a modern, well-appointed apartment that will suit families seeking waterfront living or investors targeting high-demand rental stock near local schools and transport links. Verify tenure, service charge details and all measurements with your solicitor before proceeding.

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