Worst House on the Street Logo
Gillingham Road, Gillingham, Kent, ME7 - Image 1
Gillingham Road, Gillingham, Kent, ME7 - Image 2
Gillingham Road, Gillingham, Kent, ME7 - Image 3
Gillingham Road, Gillingham, Kent, ME7 - Image 4
Gillingham Road, Gillingham, Kent, ME7 - Image 5
Gillingham Road, Gillingham, Kent, ME7 - Image 6
Gillingham Road, Gillingham, Kent, ME7 - Image 7
Gillingham Road, Gillingham, Kent, ME7 - Image 8

Gillingham Road, Gillingham, Kent, ME7

South East

£200,000
Listed on 16/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
954 sqft

Description

This two-bedroom property offers a blank canvas for renovation, making it an appealing opportunity for investors or those looking to create their ideal home. Situated in a convenient location on Gillingham Road, the residence is within walking distance of essential amenities, providing easy access to shops, dining options, and public transport. The interior features include a welcoming entrance hall that leads to the main living areas. The living room is modestly sized with a double-glazed window at the front, allowing natural light to fill the space. Adjacent to this, the dining room offers access to a cellar for additional storage and has potential for transformation into an open-plan area with the kitchen, which currently includes base units and space for appliances. Upstairs, two spacious bedrooms are equipped with fitted storage cupboards. The master bedroom benefits from two double-glazed windows that enhance its airy feel, while the second bedroom overlooks the garden. The bathroom features both a bath and separate shower along with a wall-mounted boiler. Outside, the south-east facing garden provides an opportunity for landscaping and outdoor entertaining. Additionally, there is a driveway at the front of the property offering off-street parking convenience. The local area further enhances this property's appeal; both Rainham and Gillingham boast vibrant communities with excellent transport links directly into London. Families will appreciate access to reputable schools such as Rainham Mark Grammar and various recreational amenities including Capstone Country Park and local sports facilities. With its potential for modernization and investment appeal in an ever-popular location within Medway Towns, this property stands out as an enticing prospect for buyers looking to enhance value over time.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -30.4% below area average per sq ft

-30.4%
Potential saving
This Property
£210/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
£315,922
10% above area average per sq ft
Potential ROI
+37.4%
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

Gillingham Road, Gillingham, Kent, ME7
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£733
Based on a loan of £150,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE