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Wellington Road, Gillingham

South East

£200,000
Listed on 07/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
776 sqft

Description

Presenting a three-bedroom house that offers significant renovation potential in the desirable area of Gillingham, Kent. This property is ideal for first-time buyers eager to invest in their future or seasoned investors looking to enhance their portfolio. While it requires some updating throughout, it features a spacious layout including two reception rooms and a generous rear garden, perfect for outdoor activities or further development. The ground floor consists of a welcoming lounge, a separate dining area, a fitted kitchen, and a rear lobby with access to the bathroom and garden. Upstairs, you’ll find three individual bedrooms offering versatile options for family living or accommodation. Located within proximity to local amenities, parks, schools at all levels, and transport links to London via the nearby station, this home is well-positioned for convenience. It presents an excellent opportunity to create a modern living space tailored to your tastes.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -14.4% below area average per sq ft

-14.4%
Potential saving
This Property
£258/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£285
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£256,976
10% above area average per sq ft
Potential ROI
+14.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (ME7)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 3.7%
5 year growth: 22.2%
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

Wellington Road, Gillingham
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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
£733
Based on a loan of £150,000 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE