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Pretoria Road, Gillingham, Kent, ME7

South East

£190,000
Listed on 15/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
952 sqft

Description

This 3-bedroom house presents a noteworthy opportunity for renovation and investment. The property currently requires modernization throughout, making it an ideal canvas for those looking to invest in or transform a residence with significant potential. With spacious living areas and a good-sized garden, the layout supports various design possibilities that can enhance both functionality and aesthetic appeal. Located in the desirable area of Rainham and Gillingham, this home benefits from proximity to essential amenities and transport links. The surrounding community is known for its blend of peaceful living and convenience, featuring easy access to local shops, dining options, and recreational facilities. Excellent transport connections, including direct train services to London city center, make this location appealing for commuters and families alike. The interior includes an entrance hallway leading to various living spaces—a lounge and a dining room—both bathed in natural light from single-glazed windows. The kitchen is compact but functional, providing an opportunity for updates that could increase its value. The three bedrooms offer versatility for personal use or potential conversions. Outside, the rear garden is currently in its natural state, allowing new owners to envision personalized landscaping designed to suit their tastes. Parking is available on the street through permit arrangements. For investors or buyers willing to undertake renovations, this property holds great promise as both a family home and a long-term investment in a thriving community. The combination of location benefits and renovation potential creates an exciting prospect for those seeking to add value in a sought-after area.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -33.7% below area average per sq ft

-33.7%
Potential saving
This Property
£200/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£285
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£315,260
10% above area average per sq ft
Potential ROI
+26.1%
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

Pretoria 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
£696
Based on a loan of £142,500 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