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Auction
1/15
£160,000
Guide Price

2 bed flat for sale Pegasus Way, GILLINGHAM

2 beds 1 bath Flat
For sale by auction Leasehold

Added on 16/09/2026

About this property

AUCTION SALE 15 October 2026 - Long leasehold purpose built self-contained flat Full vacant possession, By order of the LPA Receivers Long leasehold purpose built self-contained flat Full vacant possession By order of the LPA Receivers 3D Tour: Click Here Location: The property is situated within The Peninsula on Pegasus Way within the popular Victory Pier waterfront development. Public transport links include Gillingham Mainline Rail Station together with a network of local bus services serving the surrounding vicinity. Rail services provide direct access to London St Pancras International, Stratford International and Central London via High Speed services.

Key features

  • AUCTION SALE
  • 15 October 2026
  • By order of the LPA Receivers.
  • Epc rating - b
  • To view: strictly by arrangement with the auctioneer.

Floorplan

Location

Pegasus Way, GILLINGHAM, ME7 1GD

Council tax
Band D (Approx £2,329/year)

Mortgage and stamp duty

Property price £160,000
£80k £240k
Deposit10% £16,000
£0 £160k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £144,000 mortgage. Most lenders would want a household income of about £32,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in ME7 1GD. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Flat 1, The Peninsula, Pegasus Way Flat / maisonetteNov 2025764 sq ft £292/sq ft£223,000
Flat 48, The Peninsula, Pegasus Way Flat / maisonetteApr 2025764 sq ft £327/sq ft£250,000
Flat 9, The Peninsula, Pegasus Way Flat / maisonetteOct 2023495 sq ft £384/sq ft£190,000
Flat 75, The Peninsula, Pegasus Way Flat / maisonetteAug 2023560 sq ft £339/sq ft£190,000
Flat 14, The Peninsula, Pegasus Way Flat / maisonetteJul 2023420 sq ft £381/sq ft£160,000
Flat 2, The Peninsula, Pegasus Way Flat / maisonetteMar 2023517 sq ft £416/sq ft£215,000
Flat 44, The Peninsula, Pegasus Way Flat / maisonetteDec 2022517 sq ft £406/sq ft£210,000
Flat 54, The Peninsula, Pegasus Way Flat / maisonetteOct 2022517 sq ft £465/sq ft£240,000

All sales on Pegasus Way → All sold prices in Gillingham →

Area insights

The neighbourhood around this property.

Marketed by
William H. Brown, Hammersmith CH
Sovereign House 361 King Street, London
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