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Jay Walk, Gillingham

South West

£362,500
Listed on 06/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1541 sqft

Description

Nestled in the desirable Shaftesbury area of Gillingham, this four-bedroom property presents a compelling opportunity for renovation and investment. Within easy walking distance to local schools and the train station, the home benefits from a convenient location that is ideal for families and commuters alike. Stepping inside, you are greeted by a spacious dining room that flows into a well-proportioned kitchen at the rear. The kitchen features patio doors that lead to a private walled garden, providing an excellent outdoor space that could be enhanced further for leisure or entertaining. Adjacent to the kitchen, a utility room offers practical storage solutions for laundry appliances while providing direct access to the garden—an advantageous feature for pet owners. The property's layout includes a cloakroom on the ground floor and a driveway secured by a sturdy double wooden gate, ensuring privacy and safety for vehicles. This additional off-street parking capability is a rare find in this area. On the first floor, you'll discover a light-filled sitting room with an attractive bay window alongside a master bedroom complete with en-suite facilities. A guest WC adds convenience on this level as well. Ascending to the top floor reveals three further double bedrooms that share a modern family bathroom featuring both a bath and separate shower. With its neutral décor throughout, this home serves as an ideal blank canvas awaiting personal touches. Whether your vision leans toward creating an inviting contemporary retreat or maintaining more traditional elements, the flexible layout allows ample opportunity for customization to suit your preferences. Gillingham itself is a vibrant market town located in the picturesque Blackmore Vale. The community provides various amenities including grocery stores like Waitrose, several primary and secondary schools, as well as local health services. Transport links are notably strong with direct railway connections to London and Salisbury, along with easy access to major roadways like the A303. Surrounded by beautiful countryside and popular walking trails such as the Stour Valley Way and Duncliffe Wood, recreational options abound. Notable nearby attractions include Gold Hill in Shaftesbury and Stourhead’s scenic gardens. This property not only offers substantial living space but also significant potential for enhancement or reconfiguration—making it an appealing prospect for future value growth in this thriving area.

Investment Analysis

(SP8 area)

Below Market Value

This property is priced -22.5% below area average per sq ft

-22.5%
Potential saving
This Property
£235/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£262
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£514,378
10% above area average per sq ft
Potential ROI
+32.7%
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

Jay Walk, 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
£1,328
Based on a loan of £271,875 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