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St. Georges Road, Gillingham, Kent, ME7

South East

£200,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1200 sqft

Description

This three-bedroom property in Gillingham presents a significant refurbishment opportunity for buyers with a vision. The residence offers a spacious and adaptable layout that, while currently in need of comprehensive renovation, allows for personalization to create a desirable family home. The ground floor features two distinct reception areas that can accommodate various living and dining arrangements, along with a kitchen and a bathroom that are ripe for modernization. Upstairs, the property boasts two large double bedrooms as well as a single bedroom, which could serve as an ideal child’s room, home office, or guest space. With a complete renovation needed throughout, this home stands as a blank canvas awaiting transformation into either a comfortable family dwelling or an investment property with strong rental or resale potential. Its prime location near local amenities, schools, and transport links enhances its attractiveness to prospective buyers. Please note that the property is being sold on behalf of a corporate client and subject to obtaining the grant of probate; standard questionnaire answers may be limited due to the nature of the estate's sale. Please also be aware that no warranties are provided regarding services or appliances within the property.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -44.6% below area average per sq ft

-44.6%
Potential saving
This Property
£167/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£285
Avg Yield
5.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£397,386
10% above area average per sq ft
Potential ROI
+52.8%
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

St. Georges 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
£733
Based on a loan of £150,000 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