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Balmoral Road, Gillingham, Kent, ME7 - Image 1
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Balmoral Road, Gillingham, Kent, ME7

South East

£285,000
Listed on 14/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1634 sqft

Description

An opportunity awaits within this substantial period home located in the heart of Gillingham, just a stone's throw from the vibrant High Street and train station. This property offers a unique blend of historical charm and modern convenience, making it an appealing investment for those looking to create their ideal living space. With three well-proportioned bedrooms and a generous lounge/diner that features a bay window, the layout is conducive to both relaxation and entertainment. The ground floor shower room is functional though may benefit from modernisation, while the small rear garden presents potential for landscaping or outdoor enhancements. Situated in a community that boasts excellent transport links to London and an array of local amenities—including parks and leisure facilities—this home represents not just a residence but also a canvas for your renovation vision. Whether you're considering light cosmetic updates or more extensive improvements, the location alone adds significant value potential.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -42.3% below area average per sq ft

-42.3%
Potential saving
This Property
£174/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£283
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£543,084
10% above area average per sq ft
Potential ROI
+72.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (ME7)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 3.5%
5 year growth: 20.5%
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

Balmoral Road, Gillingham, Kent, ME7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,044
Based on a loan of £213,750 over 30 years at 4.19% 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.

Next Steps

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