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Lodden, Gillingham

South West

£395,000
Listed on 24/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1217 sqft

Description

This three-bedroom detached family home, constructed in the 1930s, offers a wealth of space and potential on a generous plot of approximately one-third of an acre. Situated on the Shaftesbury side of town, it's conveniently close to local amenities, schools, and the mainline train station connecting Exeter to London/Waterloo. The property presents an excellent opportunity for renovation or extension (subject to planning permission), making it ideal for investors or those looking to personalize their dream home. The layout spans two floors, featuring a welcoming entrance hall leading to a bright double-aspect lounge with a bay window and fireplace. The dining room boasts laminate flooring and picture rails, while the kitchen/breakfast room comes equipped with a range cooker and ample cupboard space. A utility room with plumbing for appliances adds functionality, alongside a convenient downstairs cloakroom. Upstairs, you'll find three spacious double bedrooms, including one with built-in wardrobes and additional vanity sink. A modern shower room completes this level, fitted with contemporary features. Outside, the property is approached through a five-bar gate that opens up to extensive off-road parking and a single garage. The expansive garden is enclosed for privacy and adorned with mature hedges; it offers versatile outdoor spaces such as a raised decked area ideal for entertaining and beautiful pond features. There's also a gazebo-covered patio perfect for BBQs and gatherings. Gillingham boasts essential facilities including various medical services, supermarkets like Waitrose, primary schools, and recreational options providing all necessary conveniences within easy reach. Access to transport links is favorable with proximity to the A303 and mainline railway.

Investment Analysis

(SP8 area)

Above Market Value

This property is priced +5.4% above area average per sq ft

+5.4%
This Property
£325/sq ft
Area Average
£308/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£412,320
10% above area average per sq ft
Potential ROI
-7.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (SP8)

Area prices are rising by +6.7% over the last 12 months
3 year growth: -1.6%
5 year growth: 10.6%
Investment Disclaimer: Analysis based on SP8 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

Lodden, Gillingham
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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
£1,425
Based on a loan of £296,250 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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