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Edwards Close, Gillingham

South East

£400,000
Listed on 01/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
862 sqft

Description

This three-bedroom property presents a solid opportunity for those looking to invest in a home with renovation potential in the South East. The entrance features a UPVC door leading into an hallway with loft access, ideal for additional storage or conversion. Each bedroom offers functional space, with Bedroom 1 benefiting from built-in wardrobes, while Bedrooms 2 and 3 provide flexible options for family or home office use. The shower room is equipped with a suite that includes a shower cubicle, vanity unit, and low-level WC, though some updates could enhance its appeal. The lounge/dining room boasts sliding patio doors that open into the conservatory, creating an inviting area for relaxation and entertaining. The kitchen comes with fitted units but may require modernization to meet contemporary standards. Externally, the property offers a manageable rear garden primarily laid to patio and driveway space accommodating up to three vehicles alongside a garage, adding to the property's practicality and functionality. With thoughtful renovations, this property can be transformed into a modern living space that meets current market demands.

Investment Analysis

(ME8 area)

Above Market Value

This property is priced +29.9% above area average per sq ft

+29.9%
This Property
£464/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
£338,650
10% above area average per sq ft
Potential ROI
-23.0%
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

Edwards Close, 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
£1,443
Based on a loan of £300,000 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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