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Shared ownership
£108,750

1 bedroom flat for sale

Ensign House, Pegasus Way, Gillingham, Kent
Added today
Lift access
EPC rating: B
Flat
1 bed
1 bath
398
EPC rating: B
Added today

Key information

TenureLeasehold | 75% share | rental £109.31pcm | 118 yrs left
Service charge£2,272.20 per annum
Council taxBand C
BroadbandUltra-fast 1800Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Located on the 5th Floor
  • 75% share offered for sale
  • ‘L’-shaped studio layout with defined bedroom area
  • Sliding doors separating sleeping and living space
  • Modern bathroom/WC
  • Private balcony accessed from the living area
  • Sought-after location close to local shops and amenities
  • Approximately one mile from Gillingham railway station
Located on the 5th Floor, the property offers a well-designed ‘L’-shaped studio layout, featuring a defined bedroom area separated from the living space by stylish sliding doors, creating a versatile and functional living environment. There is also a modern bathroom/WC.

Further benefits include a private balcony accessed directly from the living area, providing an ideal space to relax, along with an allocated parking space.

Situated in a sought-after area, the property is conveniently located close to a range of local shops and amenities, and is approximately one mile from Gillingham railway station, offering excellent transport links.

Please note the price reflects a 75% share in the property (full market value of £145,000).

The service charge is £189 per month (approx)
The rent is £109 per month (approx)

More information about applying for Shared Ownership:

Income Requirement: Total household income must be less than £80,000 a year outside London

Property Status: You must be a first-time buyer, a former homeowner who cannot afford to buy on the open market, or an existing shared owner looking to move.

Existing Homeowners: If you currently own a home, you must have formally accepted an offer for the sale of your current home (sold subject to contract) and complete that sale before buying a new shared ownership home.

Affordability: You must be unable to buy a home suitable for your needs on the open market. Buyers will be assessed for affordability.
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Area statistics

Crime score
High crime
9/10
Home prices (average)
1 bedroom flats
£143,580

About this agent

PE Homes - West Molesey
PE Homes - West Molesey
137a Molesey Avenue West Molesey, Surrey KT8 2RY
020 4633 5048
Full profileProperty listings
PE Homes are a true online estate agency offering a low cost, fixed fee service to sell your home. Working as a small, close knit team, we are able to offer all the benefits of a personal service but at a much lower cost than a traditional estate agent. Our philosophy is to cut out all the non-essential costs of running an estate agency so we can pass these onto our customers. At PE Homes, our fees are not based on a percentage, we keep them low and fixed, so you won’t have any surprises on completion! We aren’t like most estate agents – we are only interested in providing the best service to our customers and we take personal pride in our work. We hold ourselves accountable to high standards, as well as adhering to all the industry requirements and regulations.
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