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Cleave Road, Gillingham, Kent, ME7

South East

£325,000
Listed on 28/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1785 sqft

Description

This semi-detached Edwardian house offers a valuable opportunity for renovation and investment in a desirable neighborhood close to Gillingham Park. Spanning over 1,700 square feet, the property features four potential bedrooms, including an attic room, and includes a cellar that adds to its versatility. The ample living space and flexible layout present an ideal canvas for those seeking to craft a modern family home tailored to their needs. The house retains many original features that add character and charm, providing a strong foundation for restoration. However, prospective buyers should be aware that the property requires comprehensive renovation throughout. This presents an advantageous scenario for those looking to customize their living environment as they have complete control over the design, layout, and finishes. Externally, the property is complemented by a spacious rear garden with east-facing exposure, allowing for plenty of sunlight throughout the day. Side access enhances convenience and usability of the outdoor space. Additionally, being sold chain-free simplifies the purchasing process. Located in Rainham and Gillingham—two communities within the Medway Towns—this property enjoys proximity to green spaces like Capstone Country Park and Riverside Country Park. Residents benefit from excellent transport links including direct trains to London city center, making commuting straightforward. The area boasts shopping options such as Hempstead Valley Shopping Centre and Gillingham Business Retail Park alongside various local eateries and pubs. Families will also appreciate access to well-regarded schools like Rainham Mark Grammar. Given these factors—location advantages paired with significant renovation potential—this property stands out as not only a home but also a promising investment opportunity in an evolving area known for its community spirit and recreational amenities.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -39.5% below area average per sq ft

-39.5%
Potential saving
This Property
£182/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£285
Avg Yield
5.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£65,000 - £95,000
Target Value
£591,112
10% above area average per sq ft
Potential ROI
+40.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Cleave 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
£1,191
Based on a loan of £243,750 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