2 bedroom apartment for sale

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2 bedroom apartment for sale

Pegasus Way, Gillingham, Kent
£152,000

Price History

Initial price £165,500
26/07/25 £165,000
31/07/25 £152,000
Price Change -8.16%

Description

This property, a 5th floor riverside apartment with stunning views of the River Medway and marina, is available for purchase through Homewise's Home for Life Plan. The plan allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, with prices typically saving between 20% to 50% of the full market value. For this property, the Lifetime Lease price is £152,000, based on an average saving of 33%, compared to the market value of £230,000. The property features two bedrooms, a bathroom, en-suite shower room, kitchen/lounge/dining area, and a balcony with allocated parking. The plan allows individuals to purchase up to 50% of the property value to safeguard for the future, and Homewise does not own the property, which is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease.