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Maidstone Road, Wigmore, Gillingham

South East

£600,000
Listed on 10/04/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1374 sqft

Description

This detached bungalow offers a wealth of renovation and extension opportunities for the astute buyer, ideally located on the well-regarded Maidstone Road in Wigmore. With three bedrooms, this property is not just a home but a canvas for your vision. The area is well-serviced, boasting local amenities such as reputable schools, accessible motorway connections, and nearby pubs that cater to family needs. The real highlight is the expansion potential; many neighbouring homes have successfully converted their lofts into substantial chalets, which could easily be replicated here (subject to planning permission). Additionally, the generous workshop at the rear, covering 50 square meters and already powered with electricity, opens up possibilities ranging from an independent annexe for family members to multifunctional spaces like a gym or art studio. Inside, charming parquet flooring contributes character throughout the living areas. A newly block-paved driveway accommodates multiple vehicles—ideal for entertaining. The convenience of a utility room with a w/c adds practicality to everyday living. This property represents an excellent opportunity for those looking to invest in renovations or expansion in a desirable location.

Investment Analysis

(ME8 area)

Above Market Value

This property is priced +21.3% above area average per sq ft

+21.3%
This Property
£437/sq ft
Area Average
£360/sq ft
Avg Rent (weekly)
£304
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£544,180
10% above area average per sq ft
Potential ROI
-15.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
58
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (ME8)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -0.4%
5 year growth: +14.6%
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

Maidstone Road, Wigmore, Gillingham
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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
£2,125
Based on a loan of £450,000 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.

Stamp Duty Calculator

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