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Devonshire Road, Gillingham, Kent, ME7

South East

£230,000
Listed on 27/03/2026

Property Details

Bedrooms
4
Type
Terraced
Area
758 sqft

Description

This four-bedroom mid-terraced home offers a promising investment opportunity for those looking to enhance property value. With no onward chain, it's primed for a smooth transaction, making it appealing for buyers poised to renovate. The ground floor features an inviting hallway leading into a spacious front bedroom that could easily serve as a reception area. Continuing through, you'll find a separate dining room, a fitted kitchen, and a family bathroom at the rear. The private garden holds potential for landscaping or additional use, enhancing outdoor living space. On the upper level, three well-sized bedrooms provide an adaptable layout that is increasingly sought after in the region. While the interior requires modernization throughout, there is considerable opportunity to increase market value via strategic renovations or reconfiguration for rental purposes. Notable amenities include double glazing and gas central heating already in place. Conveniently located near local services, transport links, and schools, this property stands out for its resale and rental appeal. Viewing is highly encouraged as properties with such renovation potential are not commonly found.

Investment Analysis

(ME7 area)

Above Market Value

This property is priced +1.3% above area average per sq ft

+1.3%
This Property
£303/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£273
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£249,848
10% above area average per sq ft
Potential ROI
-10.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (ME7)

Area prices are rising by +3.6% over the last 12 months
3 year growth: +2.0%
5 year growth: +16.0%
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

Devonshire Road, Gillingham, Kent, ME7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£815
Based on a loan of £172,500 over 30 years at 3.91% 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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