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King Edward Road, Gillingham, Kent, ME7

South East

£230,000
Listed on 16/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
819 sqft

Description

This three-bedroom mid-terrace home in Gillingham is strategically located within a short walk to both the High Street and Gillingham station, making it an appealing option for commuters, families, or investors seeking renovation opportunities. The property is being offered chain-free, providing immediate flexibility for potential buyers looking to move in or start renting. The front reception room benefits from natural light and serves as a cozy living space suitable for daily use. It features ample wall space for storage solutions or media placement, while the adjoining second reception room can function as a dining area, family room, or even a home office. This layout offers considerable potential for an open-plan redesign if desired. At the rear of the house, you’ll find a practical kitchen that opens to the garden. Although serviceable, this kitchen would greatly benefit from modern updates. The downstairs bathroom, also situated at the back of the property for added privacy, presents another opportunity for improvement with its dated fixtures. Upstairs are three distinct bedrooms—a valuable feature in this locale—comprising two double bedrooms and a versatile third bedroom perfect for children or guests. The private garden at the rear is spacious enough for outdoor entertaining or gardening projects and has potential for landscaping or possible extension (subject to planning permissions). While this property is structurally sound with existing double glazing and central heating, it does require cosmetic enhancements throughout including kitchens, bathrooms, and décor. This presents an excellent chance for buyers aiming to invest in renovations that could significantly increase market value or rental yield over time.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -6.7% below area average per sq ft

-6.7%
Potential saving
This Property
£281/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£285
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£271,216
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
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

King Edward 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
£843
Based on a loan of £172,500 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