£108,750

(£273/sq. ft)

1 bed flat for sale
Ensign House, Pegasus Way, Gillingham, Kent ME7

    • 1 bed

    • 1 bath

    • 398 sq. ft

  • EPC Rating: B

Shared ownership
Leasehold
Added on 23/03/2026

About this property

  • 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

  • Wheelchair accessible

  • Lift access

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.

Mortgage calculator

Monthly repayment

£544 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

    Leasehold (118 years)

  • Service charge

    £2,272 per year

  • Council tax band

    C

  • Ground rent

  • Ground rent date of next review

  • Shared ownership percentage owned

    75%

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