Pegasus Way, Gillingham, Kent, ME7
YO

Pegasus Way, Gillingham, Kent, ME7

By Your Move

£ 190,000

Reviews

2 out of 5 stars

Your Move says ..

This exceptional one-bedroom flat near Gillingham Marina offers a fantastic investment opportunity with its serene waterside location, modern amenities, tasteful interior, and convenient parking, making it ideal for both a tranquil lifestyle and potential returns.

Property Oracle says ..

This one-bedroom flat is located on Pegasus Way in Gillingham, Kent, near Gillingham Marina. The property is part of a modern apartment development, which is reflected in the clean and contemporary interior design visible in the provided photographs. The apartment features a modern kitchen and bathroom, as well as an open-plan living space. While the property’s condition appears good but not exceptional, the images show an apartment well-suited to individuals or couples. The location is a plus, with proximity to public transportation (Gillingham train station is within a reasonable distance) and a variety of schools for families. While the lack of private land is a negative, residents benefit from communal green spaces, visible in the external shots. Overall, this property presents a reasonable option for first-time buyers or investors looking for a convenient and modern apartment in a waterside location, with the value of the listing appearing competitive with similar properties in the Gillingham area. Further investigation into the specific building and its management (leasehold details, service charges, etc.) is needed for a comprehensive assessment. The limited information about the apartment’s exact square footage, plot size (which is listed as 0.00 SQFT), and the absence of price per square foot data in comparable properties makes a detailed appraisal of the value challenging. The average prices of nearby streets provide limited comparables. The area is served by good transport links to Chatham and other Medway Towns, meaning commuters will find it easy to travel to London.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
581.25

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
258,294.00 £
Increased by 3.99 %
from 248,375.00 £
Est sale value
216,806.25 £
Increased by 24.75 %
from 173,793.75 £
Average area rental value
1,321.00 £/mo
Decreased by 18.41 %
from 1,619.00 £/mo
Est letting value
581.25 £/mo
Unchanged by 0.00 %
from 581.25 £/mo
Est rental Yield
6.14 %
Decreased by 21.48 %
from 7.82 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Your Move created the listing.

Nearby Schools

NameTypeOfstedDistance
Rivermead SchoolAcademy Special ConverterGood0.57 KM
Burnt Oak Primary School & Children'S CentreChildren's Centre0.68 KM
Burnt Oak Primary SchoolCommunity SchoolRequires improvement0.68 KM
Saxon Way Primary SchoolAcademy Sponsor LedGood0.75 KM
Saxon Way Primary School And Children'S CentreChildren's Centre0.75 KM

Images

Picture No. 13 Picture No. 06 Picture No. 10 Picture No. 08 Picture No. 05 Picture No. 09 Picture No. 11 Picture No. 14 Picture No. 15 Picture No. 04 Google Maps Image Picture No. 12

Nearby Streets

NameAverage PriceAverage SqftDistance
Pier Road Industrial Estate £ 000.00 KM
East End Road £ 294,00000.00 KM
Cleveland Road £ 232,75000.00 KM
Dynamo Way £ 000.00 KM
B2004 £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Gillingham (Kent)5169GLM1.20 KM
Chatham5199CTM4.14 KM
Rochester5203RTR5.10 KM
Strood (Kent)5191SOO6.08 KM
Rainham (Kent)5177RAI7.03 KM

Nearby Listings

AddressPriceTypeScoreDistance
Pegasus Way, Gillingham, Kent, ME7 £ 190,000BUY5 / 100.00 KM
Ocean Drive, Gillingham £ 175,000BUY6 / 100.03 KM
South Shore, Ocean Drive, Gillingham, Kent, ME7 £ 205,000BUYUnknown0.04 KM
South Shore, Ocean Drive £ 170,000BUY6 / 100.04 KM
Ocean Drive, Gillingham £ 200,000BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
13 Milner Road £ 128,0000.16 KM
9 Milner Road £ 169,5000.16 KM
11 Milner Road £ 117,5000.16 KM
7 Milner Road £ 215,0000.16 KM
5 Milner Road £ 220,0000.16 KM