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Gilbert Close, Hempstead, Gillingham, ME7 3QQ

South East

£270,000
Listed on 10/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
997 sqft

Description

This semi-detached house, spanning approximately 997 sq ft, is situated in a peaceful cul-de-sac on Gilbert Close in Hempstead, Gillingham. With its considerable internal space and a versatile layout, this property represents a prime opportunity for investors and developers looking to undertake a comprehensive renovation project. While the home is in need of significant updating throughout, it offers three spacious bedrooms alongside a generous lounge, kitchen, dining room, and sizeable bathroom - all of which present ample potential for modern enhancements or reconfiguration to suit contemporary living standards. The addition of a conservatory and a private rear garden further enhances the property's appeal while off-street parking adds to its functionality. Located conveniently near local amenities, schools, and transport links, this property is positioned well for future capital growth. This is an excellent chance to invest in an area with strong market demand and realize your vision through refurbishment.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -9.6% below area average per sq ft

-9.6%
Potential saving
This Property
£271/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£273
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£328,626
10% above area average per sq ft
Potential ROI
+2.7%
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

Gilbert Close, Hempstead, Gillingham, ME7 3QQ
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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
£956
Based on a loan of £202,500 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.

Stamp Duty Calculator

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