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Beresford Road, Gillingham, Kent, ME7

South East

£190,000
Listed on 18/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
1104 sqft

Description

This two-bedroom mid-terraced property presents an excellent opportunity for both first-time buyers and investors looking to unlock potential. The home, which is offered chain-free, features a bright living room with a charming bay window that floods the space with natural light. The expansive dining area connects seamlessly to an open-plan layout at the rear, ideal for modern living and entertaining guests. One of the standout aspects of this property is its basement, which boasts good headroom and could be transformed into additional living space or kept as valuable storage with the appropriate permissions. The upstairs layout includes two spacious double bedrooms, complemented by a family bathroom equipped with both a bath and shower. Outdoors, the property benefits from a larger-than-average rear garden—a rarity in this locale—providing ample space for outdoor activities or potential expansion projects (subject to planning consent). While some areas would benefit from light modernization, the overall structure is solid, allowing for immediate enhancement opportunities that can significantly increase its value. Conveniently located near Gillingham Station for quick access to London and surrounded by reputable schools and local amenities, this property boasts strong rental prospects and room for growth. Given its appeal and investment potential, early viewing is highly advised as homes like this tend to attract interest quickly.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -42.6% below area average per sq ft

-42.6%
Potential saving
This Property
£172/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£273
Avg Yield
5.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£363,895
10% above area average per sq ft
Potential ROI
+69.3%
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

Beresford 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
£673
Based on a loan of £142,500 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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