Worst House on the Street Logo
Lakewood Drive, Wigmore, Gillingham, ME8 0NS - Image 1
Lakewood Drive, Wigmore, Gillingham, ME8 0NS - Image 2
Lakewood Drive, Wigmore, Gillingham, ME8 0NS - Image 3
Lakewood Drive, Wigmore, Gillingham, ME8 0NS - Image 4
Lakewood Drive, Wigmore, Gillingham, ME8 0NS - Image 5
Lakewood Drive, Wigmore, Gillingham, ME8 0NS - Image 6
Lakewood Drive, Wigmore, Gillingham, ME8 0NS - Image 7
Lakewood Drive, Wigmore, Gillingham, ME8 0NS - Image 8
Lakewood Drive, Wigmore, Gillingham, ME8 0NS - Image 9
Lakewood Drive, Wigmore, Gillingham, ME8 0NS - Image 10
Lakewood Drive, Wigmore, Gillingham, ME8 0NS - Image 11

Lakewood Drive, Wigmore, Gillingham, ME8 0NS

South East

£375,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
692 sqft

Description

Positioned on a desirable street known for long-term residency, this property presents an opportunity for adaptable single-level living. It features a private driveway and garage alongside a substantial 50-foot rear garden, ideal for those looking to establish their outdoor space or family gatherings. The interior layout transitions smoothly from a welcoming entrance hall to a spacious lounge, suited for comfortable evenings with friends. The kitchen is functional and thoughtfully designed, offering views towards the garden, which could inspire future renovations. A conservatory extends the living area, enhancing connectivity to the garden throughout the seasons. Both bedrooms are sizable doubles, allowing potential transformation into a main suite and guest room or home office. While the property is in a condition that permits immediate occupation, there remains ample opportunity to inject personal style over time. The expansive garden serves as a key feature, providing privacy and ample lawn space suitable for children or pets, along with room to create flower beds or possibly a studio (subject to planning consent). The driveway and garage add convenience for parking and storage needs. Located conveniently near local shops and cafes while being within reach of reputable schools and green spaces makes life in Wigmore both practical and serene. Excellent transport links ensure easy access to surrounding areas including Medway Towns and beyond, making it an excellent investment opportunity for those interested in cultivating their ideal home.

Investment Analysis

(ME8 area)

Above Market Value

This property is priced +51.9% above area average per sq ft

+51.9%
This Property
£542/sq ft
Area Average
£357/sq ft
Avg Rent (weekly)
£302
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£271,596
10% above area average per sq ft
Potential ROI
-32.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (ME8)

Area prices are rising by +2.7% over the last 12 months
3 year growth: 1.1%
5 year growth: 18.8%
Investment Disclaimer: Analysis based on ME8 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

Lakewood Drive, Wigmore, Gillingham, ME8 0NS
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 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