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Sylvan Way, Gillingham

South West

£299,000
Listed on 02/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
809 sqft

Description

Nestled in a tranquil cul-de-sac, this two-bedroom detached bungalow presents an appealing opportunity for those seeking a project with potential. Stretching across 809 sq. ft./75 sq. m., the property boasts a bright interior that invites personalization and improvement. The spacious dual-aspect sitting room is perfect for relaxation, while the separate dining area leads to a conservatory that opens up to views of the private garden, providing an ideal setting for entertaining or enjoying nature. While the kitchen is functional and equipped with built-in appliances, it offers room for modern upgrades to suit contemporary tastes. Each of the two double bedrooms presents versatility, accommodating guests or serving as a productive home office space. The external area features front and rear gardens with established fruit trees—including plum, apple, and pear—offering excellent potential for landscaping or creating your own outdoor oasis. A driveway accommodates three vehicles alongside a garage, enhancing practicality. This property not only benefits from its peaceful location but also excellent access to local amenities and transport links, making it suitable for downsizers, commuters, or anyone looking to invest in a well-located home with significant renovation possibilities.

Investment Analysis

(SP8 area)

Above Market Value

This property is priced +21.8% above area average per sq ft

+21.8%
This Property
£370/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£262
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£270,040
10% above area average per sq ft
Potential ROI
-19.1%
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

Sylvan Way, 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
£1,095
Based on a loan of £224,250 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