Pegasus Way

Gillingham

11apartment

Price:£80,000

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Property details

Key features

One Bedroom Apartment
Beautifully Decorated & Maintained
Close to Local Shops & Amenities
M2 & A2 Within Easy Reach
Balcony

Council Tax Band:

Tenure:

Leasehold

Ground Rent:

£0.00

Ground Rent Review Period:

Contact Branch

Annual Service Charge:

£1,875.60

Length of Lease:

0 years

Shared Ownership:

55%

Rent:

£170.86

Connells are delighted to offer this beautifully presented apartment located in this very popular development in Gillingham. Within easy reach of local shops and amenities, it is perfectly positioned to pop out for those essential items. Gillingham railway station is not far away either. You can also get the M2/A2 with relative ease making this a favoured location for commuters. The property is in wonderful condition through out making this a home ready to move in to and enjoy form day one.

PRICING & AFFORDABILITY
Full Market Value: £150,000
55% Share Price: £90,750 (rent £170.86 pcm)
Minimum 5% Mortgage Deposit
Approximate Service Charges: £156.30 pcm

To be eligible for shared ownership you would need to meet the following criteria:

o Your household income does not exceed £80,000
o You have a deposit of at least 5% of the share value
o You do not own another property or have your name on the deeds or a mortgage for a property worldwide
o This will be your only residence
o You are a permanent UK resident or have indefinite right to remain

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

Entrance Hall

Lounge/Kitchen
22' x 10' 7" Max ( 6.71m x 3.23m Max )

Utility Cupboard

Bedroom One
12' 6" x 8' 10" ( 3.81m x 2.69m )

Bathroom

Communal Garden

Utilities, rights & restrictions

Expand

Utility Supply:

ElectricityMains Supply
WaterMains Supply
HeatingElectric
BroadbandFTTP
SewerageMains Supply

Rights & Restrictions:

Private rights of wayfalse
Public rights of wayfalse
Listed propertyfalse
Restrictionsfalse

Risks:

Flooded in last 5 yearsfalse
Flood defencesContact branch
Source of floodContact branch

Guidance Notes

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. (2) These particulars do not constitute part or all of an offer or contract. (3) The measurements indicated are supplied for guidance only and as such must be considered incorrect. (4) Potential buyers are advised to recheck the measurements before committing to any expense. (5) We have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. (6) We have not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply. Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable. If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help. ** The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 31/12/2024 and is correct as at 13/02/2025. Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.