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Imperial Road, Gillingham, Kent, ME7 - Image 1
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Imperial Road, Gillingham, Kent, ME7

South East

£260,000
Listed on 14/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
997 sqft

Description

This three-bedroom mid-terrace home offers a solid foundation for both family living and investment opportunities. Located in Gillingham, the property is conveniently close to Gillingham Train Station, ensuring easy access to London for commuters. The bustling High Street, with its array of shops, cafés, and essential services, is just a short walk away, enhancing the property's appeal for future tenants or owners. Upon entering the home, you are greeted by an entrance porch that opens into a spacious open-plan lounge and dining area. This multifunctional space is bright and inviting, making it suitable for daily family activities as well as entertaining guests. A notable feature is the designated bar area, which could be reimagined or repurposed to suit new preferences. The kitchen has recently been fitted with modern cabinetry and provides ample workspace. Adjacent to this is a downstairs family bathroom that adds convenience to the layout. The private rear garden offers outdoor space along with rear access and a storage shed—an attractive feature for families or those who appreciate gardening or yard work. Upstairs, you'll find three bedrooms: two generously sized doubles and a single room. Additionally, there’s a well-sized family bathroom. Given the layout of similar homes on this street, there exists potential for a loft conversion (subject to planning permission), which could further increase living space and enhance property value. Key features of this home include road parking availability, full double glazing throughout, and central heating. While some updating may be needed in certain areas, this allows new buyers an opportunity to personalize their living space while simultaneously increasing potential equity through renovations. Overall, this property serves as an excellent candidate for both family living and buy-to-let investment due to its strategic location and versatile design.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -13.4% below area average per sq ft

-13.4%
Potential saving
This Property
£261/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£285
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£330,162
10% above area average per sq ft
Potential ROI
+10.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Imperial Road, Gillingham, Kent, ME7
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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
£952
Based on a loan of £195,000 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