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2 bed flat for sale Pegasus Way, Gillingham, ME7

Offers over

£210,000

Reduced on 30/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 2
Size: £296 per sq ft
Tenure: Leasehold

About this property

This well-appointed two-bedroom flat offers generous living space and a highly convenient location, making it an excellent choice for professionals, couples, or small families. The property features two well-proportioned double bedrooms, including a bright and airy master bedroom complete with a private en suite shower room for added comfort and privacy. The second bedroom is also a good-sized double, ideal for guests, a home office, or a growing family.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,552
Band B

£1,811
Band C

£2,070
Band D

£2,329
Band E

£2,846
Band F

£3,363
Band G

£3,881
Band H

£4,657

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Medway, 2026/27 bills run from £1,552 a year in band A to £4,657 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Medway, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

29 comparables · within 2.7 miles

Priced around the middle of the 2-bed flats for sale nearby right now.

This home, £210,000 Median £210,000 · £159,000 – £282,000

Per square foot

£296 5% under

2-bed flats nearby £311

Against sold prices

5% under

ME7 sold median £312 / sq ft, 1,036 sales

Compared with 29 2-bed flats for sale within 2.7 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in ME7 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in ME7 →

Location

Pegasus Way, Gillingham, ME7

Open map Street View

Mortgage and stamp duty

Property price £210,000

£105k £315k

Deposit10% £21,000

£0 £210k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £189,000 mortgage. Most lenders would want a household income of about £42,000 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.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 94, The Peninsula, Pegasus Way Flat / maisonette	Flat / maisonette	Dec 2025	441 sq ft £431/sq ft	441 sq ft	£431	£190,000
Flat 125, The Peninsula, Pegasus Way Flat / maisonette	Flat / maisonette	Jul 2024	721 sq ft £330/sq ft	721 sq ft	£330	£238,000
Flat 117, The Peninsula, Pegasus Way Flat / maisonette	Flat / maisonette	Oct 2022	710 sq ft £436/sq ft	710 sq ft	£436	£310,000
Flat 137, The Peninsula, Pegasus Way Flat / maisonette	Flat / maisonette	Jul 2022	517 sq ft £503/sq ft	517 sq ft	£503	£260,000
Flat 130, The Peninsula, Pegasus Way Flat / maisonette	Flat / maisonette	Mar 2022	721 sq ft £388/sq ft	721 sq ft	£388	£280,000
Flat 129, The Peninsula, Pegasus Way Flat / maisonette	Flat / maisonette	Jan 2022	560 sq ft £313/sq ft	560 sq ft	£313	£175,000
Flat 94, The Peninsula, Pegasus Way Flat / maisonette	Flat / maisonette	Aug 2020	441 sq ft £402/sq ft	441 sq ft	£402	£177,500
Flat 81, The Peninsula, Pegasus Way Flat / maisonette	Flat / maisonette	Apr 2019	377 sq ft £398/sq ft	377 sq ft	£398	£150,000