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Peace Cottage, Peacemarsh, Gillingham

South West

£650,000
Listed on 06/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1950 sqft

Description

Nestled at the end of a quiet private lane, this four-bedroom detached thatched cottage presents a unique opportunity for renovation and investment, given its non-listed status. With its blend of rustic charm and potential for modern upgrades, this property is just a short distance from the town center and the scenic open countryside. Upon entering, the porch offers a practical space to store outdoor gear after long walks in the surrounding nature. The spacious living room is anchored by a charming inglenook fireplace, setting an inviting tone for gatherings. This area flows into a conservatory, which could serve various purposes, from an expanded dining room to a relaxing retreat. To the right of the entrance hall lies a cozy sitting room with another impressive inglenook fireplace, enhancing the home’s character. The heart of this residence is undoubtedly the large kitchen/breakfast room, ideal for those who enjoy cooking and entertaining, featuring ample countertop space and an expansive island. A cloakroom and external access to the rear garden further add to the home's practicality. Upstairs, three well-proportioned bedrooms await, each offering serene views of the gardens—perfect for restful nights. The family bathroom combines functionality with comfort, including both a bath and a walk-in shower. On the second floor, you'll find versatile living space that could serve as a fourth bedroom or study—an ideal spot for guests or remote work. The gardens surrounding this property are particularly noteworthy; they provide not only recreational areas but also significant potential for development or personal gardening projects. There’s ample space that may be suitable for conversion into another dwelling (subject to planning permission), or it could be transformed into a flourishing vegetable patch or flower garden. A sizable driveway accommodates parking for multiple vehicles, making daily life more convenient for families or guests. This cottage embodies rural tranquility while being conveniently located near local amenities—a promising canvas for those looking to invest in their vision of home.

Investment Analysis

(SP8 area)

Above Market Value

This property is priced +9.8% above area average per sq ft

+9.8%
This Property
£333/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£262
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£650,900
10% above area average per sq ft
Potential ROI
-4.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SP8)

Area prices are rising by +10.2% over the last 12 months
3 year growth: 2.6%
5 year growth: 13.8%
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

Peace Cottage, Peacemarsh, 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
£2,381
Based on a loan of £487,500 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