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Mungo Park Road, Gravesend, DA12 - Image 1
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Mungo Park Road, Gravesend, DA12

South East

£250,000
Listed on 01/08/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
711 sqft

Description

This two-bedroom home presents a unique opportunity for renovation and investment in a desirable area. Perfectly suited for first-time buyers or those looking to enhance their portfolio, the property holds significant potential for value addition due to its layout and location. Upon entering through a double-glazed porch, you are greeted by a bright entrance hall that leads into a spacious living room, illuminated by natural light from the front-facing window. Adjacent to this, the dining area offers an inviting space for gatherings, while the kitchen—though in need of modernization—features ample size and configuration for contemporary redesign. With thoughtful updates, this area could become the heart of the home. The upper level hosts two generously sized double bedrooms. The main bedroom overlooks the front and provides excellent proportions with possibilities for built-in storage solutions. The second bedroom enjoys a quieter view of the rear garden, making it suitable for relaxation or study. Completing this floor is a bathroom with a separate WC, allowing flexibility for shared living arrangements or family needs. Outside, the rear garden features a mix of lawn and hardstanding that invites creativity from those eager to cultivate an outdoor space tailored to their preferences. Additionally, pedestrian side access leads conveniently to the back where you'll find a brick-built storage shed and garage along with extra off-street parking—a particularly valued feature in this locale. Situated in a well-connected part of Gravesend, this home benefits from proximity to main bus routes leading directly to the town center and railway station. Fast train services from Gravesend Station reach St Pancras in just 22 minutes, while Ebbsfleet International nearby offers further travel convenience into central London. For drivers, easy access to major roadways including the A2 and connections to the M2, M25, and M20 facilitate quick commuting options. Families will appreciate being within reach of numerous primary, secondary, and grammar schools as well as local shops and recreational facilities. This location balances convenience with lifestyle needs, making it an appealing choice for both immediate living and long-term investment potential.

Investment Analysis

(DA12 area)

Below Market Value

This property is priced -4.6% below area average per sq ft

-4.6%
Potential saving
This Property
£352/sq ft
Area Average
£369/sq ft
Avg Rent (weekly)
£317
Avg Yield
4.5%

Renovation Potential

Est. Renovation Cost
£25,000 - £62,500
10-25% of property value
Target Value
£288,360
10% above area average per sq ft
Potential ROI
-7.7%
After renovation
Monthly Sales
22
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (DA12)

Area prices are stable by +1.3% over the last 12 months
3 year growth: 1.9%
5 year growth: 18.3%
Investment Disclaimer: Analysis based on DA12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Mungo Park Road, Gravesend, DA12
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