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7 Wellington Road, Gillingham, Kent - Image 1
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7 Wellington Road, Gillingham, Kent

South East

£160,000
Listed on 21/04/2026

Property Details

Bedrooms
3
Type
Property
Area
775 sqft

Description

Situated in a well-established residential neighborhood, this mid-terrace house presents a promising opportunity for renovation and value enhancement. The property is conveniently located near Medway Maritime Hospital, with supermarkets and various local amenities just a short distance away, making it an attractive option for families or investors. The ground floor comprises a living room, dining room, kitchen, and a bathroom with W.C., all of which are ripe for modernization to improve functionality and aesthetics. Additionally, the lower ground floor features a cellar that could be transformed into useful living space or storage. On the first floor, there are three bedrooms offering ample accommodation that can be reconfigured to cater to modern living needs. The outdoor area includes a rear garden which could benefit from landscaping and improvement to create an inviting outdoor space. With an Energy Performance Certificate (EPC) rating of D, there is further potential to enhance energy efficiency through updates. This freehold property is sold with vacant possession, making it an ideal canvas for those looking to invest in refurbishment.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -31.1% below area average per sq ft

-31.1%
Potential saving
This Property
£206/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£273
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£255,452
10% above area average per sq ft
Potential ROI
+21.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (ME7)

Area prices are rising by +3.6% over the last 12 months
3 year growth: +2.0%
5 year growth: +16.0%
Investment Disclaimer: Analysis based on ME7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

7 Wellington Road, Gillingham, Kent
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£567
Based on a loan of £120,000 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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