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Windermere Drive, Gillingham, Kent, ME8 - Image 1
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Windermere Drive, Gillingham, Kent, ME8

South East

£375,000
Listed on 30/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
719 sqft

Description

This well-proportioned bungalow presents a promising opportunity for renovation and investment, situated on an expansive corner plot with gardens that wrap around three sides. The property features a functional layout including an Entrance Porch, Hall, a Living/Dining Room that opens to the garden through patio doors, and a separate fitted Kitchen. The accommodation offers two spacious double bedrooms served by a family bathroom and an additional Cloakroom/WC. With good decorative order maintained throughout and additional advantages like double glazing and gas-fired central heating, this home is ready for potential enhancements. Its significant outdoor space allows for various improvement options or possible extensions (subject to planning permission). A detached garage and driveway further add to the convenience of this property, making it an attractive prospect for those looking to create their ideal living space in a desirable area of Rainham.

Investment Analysis

(ME8 area)

Above Market Value

This property is priced +46.0% above area average per sq ft

+46.0%
This Property
£522/sq ft
Area Average
£357/sq ft
Avg Rent (weekly)
£291
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£282,470
10% above area average per sq ft
Potential ROI
-31.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
68%
Properties sold annually

Local Market Trend (ME8)

Area prices are rising by +2.4% over the last 12 months
3 year growth: -0.7%
5 year growth: +16.2%
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

Windermere Drive, Gillingham, Kent, ME8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,352
Based on a loan of £281,250 over 30 years at 4.06% 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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