Worst House on the Street Logo
Gillingham - Image 1
Gillingham - Image 2
Gillingham - Image 3
Gillingham - Image 4
Gillingham - Image 5
Gillingham - Image 6
Gillingham - Image 7
Gillingham - Image 8
Gillingham - Image 9
Gillingham - Image 10
Gillingham - Image 11

Gillingham

South East

£215,000
Listed on 09/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
732 sqft

Description

This property presents a promising opportunity for renovation, situated in a sought-after area of Gillingham. With three bedrooms, the home offers ample space for transformation and personal touches, making it an ideal project for both homeowners and investors alike. Upon entering, you’ll find a lounge featuring large front-facing double-glazed windows that allow natural light to fill the room. The adjoining dining room also benefits from generous proportions and includes a door leading to the cellar, providing additional storage options. The kitchen, while functional, is in need of updating; it includes essential features such as a stainless steel sink with chrome fixtures and base units with workspace overhead. There’s potential to reconfigure this area to create an open-plan living space that caters to modern lifestyles. A lean-to off the kitchen offers direct access to the garden as well as space for laundry appliances. The three bedrooms vary in size but all come equipped with double-glazing and radiators for comfort. The main bedroom boasts a good size, while the second bedroom has an integrated cupboard providing extra storage. The third bedroom could serve as a perfect children’s room or office space. The bathroom is fitted with basic amenities including a corner bath and shower mixer taps, but would greatly benefit from refurbishment to enhance functionality and appeal. An additional separate WC adds convenience for potential occupants. Outside, the garden is primarily laid to lawn, presenting ample opportunities for landscaping or creating outdoor entertaining spaces. Located near Medway Maritime Hospital and within walking distance of local shops and transportation links, this property holds significant investment potential in a vibrant community. Its no-chain status simplifies the purchasing process, making it an attractive option for those looking to add value through renovation.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -2.4% below area average per sq ft

-2.4%
Potential saving
This Property
£294/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£285
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£242,405
10% above area average per sq ft
Potential ROI
-4.9%
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
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£788
Based on a loan of £161,250 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