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Larkfield Avenue, Gillingham, ME7

South East

£285,000
Listed on 16/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
926 sqft

Description

This 3-bedroom terraced house is situated on a quiet yet accessible street in the popular ME7 2 area of Gillingham, offering a solid foundation for those looking to invest or renovate. The property features two reception rooms and a spacious rear garden, both great spaces that can be transformed to suit modern lifestyles. While the home currently requires some modernization, this presents an excellent opportunity for buyers who wish to personalize their living space and increase its value over time. The layout allows for flexibility in design, making it possible to reconfigure the interior to enhance both function and aesthetics. Location is a notable advantage here, with several reputable schools within close proximity, such as Kiddiwinks and Barnsole Primary School. Additionally, higher education options like Robert The Napier College/University are nearby, making this area attractive for families and students alike. With the right vision and effort, this property can become an ideal home or a lucrative investment in a community that continues to thrive. Consider the possibilities this property offers—a blank canvas in a well-regarded neighborhood awaits your personal touch.

Investment Analysis

(ME7 area)

Above Market Value

This property is priced +2.2% above area average per sq ft

+2.2%
This Property
£308/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
£306,650
10% above area average per sq ft
Potential ROI
-5.6%
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

Larkfield Avenue, Gillingham, 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
£1,044
Based on a loan of £213,750 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