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Pimpernel Court

South West

£180,000
Listed on 16/01/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
657 sqft

Description

This two-bedroom terrace house in Gillingham presents a valuable opportunity for renovation and investment. While it currently requires updating and modernisation, the property is well-equipped with gas central heating and offers off-street parking for two vehicles. With an Energy Performance Certificate rated C, there are solid bones to build upon. The layout includes a hallway, cloakroom, living room, and kitchen on the ground floor, alongside two spacious bedrooms and a bathroom upstairs. The outdoor space features an easily manageable garden with both patio and gravelled sections surrounded by mixed shrubs, perfect for creating a private retreat. Located in a desirable area of Gillingham, the property benefits from proximity to local amenities such as schools, shops including Waitrose, medical facilities, and transport links via the A303 and mainline railway station to London/Waterloo. This is an ideal project for those looking to transform a classic home into a modern haven.

Investment Analysis

(SP8 area)

Below Market Value

This property is priced -11.0% below area average per sq ft

-11.0%
Potential saving
This Property
£274/sq ft
Area Average
£308/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£222,592
10% above area average per sq ft
Potential ROI
+1.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (SP8)

Area prices are rising by +6.7% over the last 12 months
3 year growth: -1.6%
5 year growth: +10.6%
Investment Disclaimer: Analysis based on SP8 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

Pimpernel Court
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£649
Based on a loan of £135,000 over 30 years at 4.06% 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.

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