Shared Ownership £108,750

1 bed 1 bath

Available

Ensign House, Pegasus Way, Gillingham, Kent

Features

Summary

A well-presented ‘L’-shaped studio apartment offering cleverly defined living and sleeping areas, a private balcony, and allocated parking, ideally located close to amenities and within easy reach of Gillingham station.

Description

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.

Utilities, Rights, Easements & Risks

Additional Details

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