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Charter Street, Gillingham, Kent, ME7

South East

£185,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
989 sqft

Description

This two-bedroom mid-terraced property stands as a blank canvas across three levels, positioned for immediate occupancy without a chain. The entrance introduces you to a bright and spacious lounge with a large front window that floods the area with natural light. A separate dining room lies beyond, defined by the staircase, creating an inviting space for gatherings or family meals. The kitchen is in need of renovation, presenting a prime opportunity for buyers to modernize and enhance its value. Additional spaces on the ground floor include a utility room and a downstairs shower room, adding to the property's practicality. The basement level offers flexible usage potential, whether as an office, hobby zone, or extra storage. Ascending to the first floor, you'll find two well-sized double bedrooms, with the family bathroom accessible from the master bedroom. Benefitting from double glazing and gas central heating throughout, this home also features a generous rear garden suitable for outdoor enjoyment. Permit parking is available at the front of the house. Previously rented out, the property is ideal for those looking at family living or as an investment opportunity with significant upside potential.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -37.9% below area average per sq ft

-37.9%
Potential saving
This Property
£187/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£285
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£327,512
10% above area average per sq ft
Potential ROI
+59.8%
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

Charter Street, 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
£678
Based on a loan of £138,750 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