Worst House on the Street Logo
16A & 16B King Street, Gillingham, Kent - Image 1
16A & 16B King Street, Gillingham, Kent - Image 2
16A & 16B King Street, Gillingham, Kent - Image 3
16A & 16B King Street, Gillingham, Kent - Image 4
16A & 16B King Street, Gillingham, Kent - Image 5
16A & 16B King Street, Gillingham, Kent - Image 6
16A & 16B King Street, Gillingham, Kent - Image 7
16A & 16B King Street, Gillingham, Kent - Image 8
16A & 16B King Street, Gillingham, Kent - Image 9

16A & 16B King Street, Gillingham, Kent

South East

£175,000
Listed on 16/04/2026

Property Details

Bedrooms
2
Type
Block Of Apartments

Description

This semi-detached freehold property comprises two self-contained one-bedroom flats, strategically located in the heart of Gillingham, near local amenities and the mainline railway station. Currently, both units are under tenancy, with the first-floor flat presented in good decorative condition, making it suitable for immediate rental. In contrast, the ground-floor flat presents a unique opportunity for refurbishment to enhance its appeal and rental value. Each flat features gas heating via radiators and most windows are double-glazed, adding to energy efficiency. The ground floor could benefit from modernisation and upgrading to increase its rental potential. Both units have separate entrances and access to a communal courtyard area, further enhancing their marketability. Given that both will transition to rolling tenancies in May 2026, investors can expect consistent income while planning renovations that could significantly increase overall asset value.

Investment Analysis

(ME7 area)
Area Average
£300/sq ft
Avg Rent (weekly)
£273
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

16A & 16B King Street, Gillingham, Kent
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£620
Based on a loan of £131,250 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates