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Nelson Road, Gillingham, Kent, ME7

South East

£350,000
Listed on 10/02/2026

Property Details

Bedrooms
4
Type
Semi-detached house

Description

This four-bedroom semi-detached home presents a unique opportunity for renovation enthusiasts and investors alike. Located a convenient half-mile from Gillingham Train Station and close to Medway Maritime Hospital, the property boasts spacious accommodation with potential for transformation. Each of the four generously sized double bedrooms provides ample living space, making this property suitable for families or as a high-yield rental option. The ground floor features three distinct reception areas that could be reimagined to fit modern living needs or adapted into additional bedrooms, maximizing income potential in an HMO setup. The exterior offers off-street parking via a driveway, while the expansive rear garden presents further possibilities for extension or outdoor enhancements (subject to planning permissions). Inside, the residence retains character with features such as a cellar for storage or conversion and a loft area that could also serve various purposes from home office to extra bedroom. Despite requiring significant renovation work, this blank canvas allows the new owner to tailor the spaces according to personal taste or investment strategy, making it a compelling prospect in today’s market – particularly for those looking for properties with growth potential in desirable locations like Gillingham.

Investment Analysis

(ME7 area)
Area Average
£299/sq ft
Avg Rent (weekly)
£279
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
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
29%
Properties sold annually

Local Market Trend (ME7)

Area prices are rising by +6.7% over the last 12 months
3 year growth: +3.6%
5 year growth: +20.1%
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

Nelson Road, Gillingham, Kent, ME7
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,262
Based on a loan of £262,500 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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