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£96,000

2 bed flat for sale
Pegasus Way, Gillingham ME7

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: B

  • Shared ownership
  • Leasehold

Connells - Rainham

Logo of Connells - Rainham

About this property

  • Open Plan Kitchen/Living Room

  • One Parking Permit

  • 40% Share Price: £96,000 (rent £456.33pcm)

  • Minimum 5% Mortgage Deposit (40% share): £4800

  • Approximate Service Charges: £299 pcm*

  • Annual Ground rent: £220

Summary
The property boasts an impressive two bedrooms. The main bedroom features an en-suite, offering a private sanctuary for relaxation. The second bedroom is a double, bathing in natural light and exuding a sense of spaciousness.

Description
This flat is in great condition, ready to welcome its new owners. Its unique features, coupled with its ideal location, make it a perfect choice for those seeking a peaceful yet convenient lifestyle. The property is a testament to quality living and is sure to impress with its blend of comfort and modern design. Situated on the 2nd floor and comprising of 2 double bedrooms, 2 bathrooms (including main ensuite shower room), utility cupboard, fully fitted open plan kitchen and large private balcony. The property is complete with parking, resident's gymnasium, resident's wifi lounge.
Pricing & affordability


Full Market Value: £240,000
40% Share Price: £96,000 (rent £456.33pcm)
Minimum 5% Mortgage Deposit (40% share): £4800
Approximate Service Charges: £299 pcm*
Annual Ground rent: £220

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

Kitchen/Living Room 12' 5" x 22' 1" ( 3.78m x 6.73m )

Bedroom One 9' 1" x 15' 2" ( 2.77m x 4.62m )

Ensuite

Bedroom Two 9' 7" x 10' 9" ( 2.92m x 3.28m )

Bathroom

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

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: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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More information

  • Tenure

    Leasehold (125 years)

  • Service charge

    £3,500 per year

  • Council tax band

    D

  • Ground rent

    £220

  • Ground rent date of next review

  • Shared ownership percentage owned

    40%

  • Shared ownership rent

    £456 per month

See all recent sales in ME7

Property descriptions and related information displayed on this page are marketing materials provided by - Connells - Rainham. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Connells - Rainham for full details and further information.