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Cleave Road, Gillingham, Kent, ME7

South East

£300,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1785 sqft

Description

This semi-detached Edwardian residence presents a unique opportunity for those looking to invest in a significant renovation project. Spanning over 1,700 sq. ft., the property features four potential bedrooms, including an attic space, and offers an inviting layout that can be transformed into a modern family home. While the house is currently in need of comprehensive refurbishment throughout, it retains many original characteristics that could be restored or enhanced to create a distinctive living environment. The adaptable configuration of this property allows for various design possibilities, enabling you to tailor the space according to contemporary lifestyle needs. The additional cellar provides extra potential for development, adding further value post-renovation. Externally, there is a well-sized rear garden along with side access, contributing to the overall attractiveness of the home. Located in proximity to Gillingham Park and local amenities, this property not only offers investment potential but also promises to become a cherished family residence once renovated. The sale is chain-free, facilitating a straightforward acquisition process, making it even more appealing for prospective buyers eager to capitalize on this blank canvas.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -43.8% below area average per sq ft

-43.8%
Potential saving
This Property
£168/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£279
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£587,283
10% above area average per sq ft
Potential ROI
+50.6%
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
29%
Properties sold annually

Local Market Trend (ME7)

Area prices are rising by +6.7% over the last 12 months
3 year growth: +3.6%
5 year growth: +20.1%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 over 30 years at 4.06% 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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