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Arden Street, Gillingham, Kent, ME7

South East

£150,000
Listed on 06/03/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This period two-bedroom property presents a promising opportunity for those interested in renovation and value enhancement. Spread over multiple levels, it is currently in need of extensive modernisation, making it an ideal project for investors, developers, or homeowners willing to put in the effort to transform it into a contemporary living space. On the ground floor, you will find two spacious reception rooms characterized by high ceilings and original proportions, which can be reimagined into a bright and open-plan living and dining area. The rear kitchen area provides access to a sizable double basement that holds great potential for conversion into additional living space such as a home office, gym, or even a cinema room, pending necessary planning permissions. The first floor consists of two well-sized bedrooms along with a family bathroom. An additional loft room can be accessed from the landing and offers potential for conversion into a third bedroom, subject to relevant consents. Externally, there is a rear yard/garden that could be landscaped to enhance outdoor living. The property’s location benefits from easy access to local amenities including shops, supermarkets, cafés, and transport links, making it attractive for both personal residency or rental opportunities. With its substantial layout and scope for development throughout the basement and loft areas, this property stands out as an exceptional chance to establish a desirable family home or high-yield investment in a well-connected neighbourhood.

Investment Analysis

(ME7 area)
Area Average
£301/sq ft
Avg Rent (weekly)
£271
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (ME7)

Area prices are rising by +5.1% over the last 12 months
3 year growth: +2.8%
5 year growth: +19.1%
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

Arden Street, Gillingham, Kent, ME7
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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
£541
Based on a loan of £112,500 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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