Studio for sale

Pegasus Way, Gillingham ME7

Purplebricks are delighted to present this exceptional fifth-floor super studio apartment, offering a cleverly designed layout that feels more like a one-bedroom home. Situated within the highly sought-after Peninsula development, built by the renowned Berkeley Homes, this property is ideal for first-time buyers and investors alike.

Beautifully presented throughout, the apartment features a bright open-plan living area with a contemporary fitted kitchen, a well-defined sleeping area separated by stylish sliding doors, and a modern bathroom finished to a high standard. The private balcony enjoys some of the finest views across the river medway and the marina, providing the perfect space to relax and unwind.

Further benefits include a secure underground parking space, access to a residents' gym and Wi-Fi lounge, beautifully landscaped communal grounds, timber-effect flooring, and Sky+ wiring connected to the communal satellite system. The contemporary kitchen is fitted with a range of wall and base units and includes an integrated electric oven and hob, fridge, dishwasher, and washing machine.

Offering excellent investment potential, the property is expected to achieve approximately £1,100 per calendar month in rental income, making it an attractive opportunity for buy-to-let investors as well as owner-occupiers seeking a stylish home in a prime location.

Residents of The Peninsula enjoy a prime waterfront location with excellent access to local amenities, shops, restaurants, and leisure facilities. Gillingham Railway Station is within easy reach, providing high speed and convenient connections to London and surrounding towns.

Property Ownership Information

Tenure

Leasehold

Council Tax Band

C

Annual Ground Rent

£200.00

Ground Rent Review Period

Every 25 years

Annual Service Charge

£2,100.00

Service Charge Review Period

Every 1 year

Lease End Date

01/01/3007

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required.