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Devonshire Road, Gillingham, Kent, ME7 - Image 1
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Devonshire Road, Gillingham, Kent, ME7

South East

£150,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
738 sqft

Description

This two-bedroom terraced house in Gillingham presents a significant refurbishment opportunity, ideal for investors or homeowners looking to add value. The property comprises two reception rooms, an upstairs bathroom, and a kitchen with direct access to the rear garden, which also boasts considerable potential for extension, pending planning approval. Upon entering, you are greeted by an entrance hall leading to a front reception room that is bright and full of character, suitable for family living. The separate dining room at the back offers flexibility, with the option to open it up into a more modern open-plan space. The kitchen is conveniently located adjacent to this area and provides access to the private garden. Upstairs features two bedrooms that provide privacy and versatility—perfect for families or even as a study space should you choose. The family bathroom is accessible via the master bedroom. The garden at the rear allows for landscaping opportunities and further development possibilities through extensions, which could greatly increase both living space and property value. While this house requires extensive refurbishment throughout, it serves as a blank canvas for those with vision—transforming it into a chic family home or an investment prospect with rental appeal. Its proximity to local amenities and transport links enhances its attractiveness as an investment property.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -32.5% below area average per sq ft

-32.5%
Potential saving
This Property
£203/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£285
Avg Yield
5.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£244,392
10% above area average per sq ft
Potential ROI
+1.8%
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

Devonshire 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
£549
Based on a loan of £112,500 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