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Skinner Street, Gillingham, Kent

South East

£199,995
Listed on 20/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

Located in Gillingham, this mid-terrace property presents a notable restoration opportunity for cash buyers, given its current condition. The home is arranged over two floors and features a versatile layout that includes two distinct reception rooms on the ground floor—ideal for flexible living arrangements or dining setups. A former kitchen at the rear requires complete refurbishment, but there’s ample space to potentially introduce a ground-floor bathroom, enhancing its functionality. On the upper level, you will find two spacious double bedrooms that benefit from natural light, providing comfortable living quarters. The property also boasts a rear garden extending approximately 30 feet, offering an inviting outdoor space. With an estimated rental income potential of around £1,300 per month post-renovation, this property is well-positioned for investors looking to expand their portfolio. Skinner Street's central location ensures easy access to local amenities and Gillingham Railway Station is conveniently within walking distance, facilitating direct travel into London for commuters.

Investment Analysis

(ME7 area)
Area Average
£300/sq ft
Avg Rent (weekly)
£273
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Skinner Street, Gillingham, Kent
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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
£708
Based on a loan of £149,996 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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