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Forge Grove, Gillingham

East of England

£275,000
Listed on 24/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
816 sqft

Description

Nestled in a tranquil cul-de-sac in Gillingham, this Grade II listed mid-terrace home combines historical charm with practical living spaces and significant potential for growth. The property features an inviting open-plan living/dining area, complete with a wood burner and sliding doors leading to the garden, creating a seamless indoor-outdoor flow. The kitchen has a pleasant outlook and essential fittings, alongside a convenient ground floor store that currently serves as a utility space. Upstairs, three versatile bedrooms are complemented by a family bathroom and separate WC, making it adaptable for various needs. The generous rear garden is not only a retreat for relaxation but also includes established plants, a vegetable plot, and a large timber shed/workshop for added utility. With approved planning permission for the construction of a two-storey rear extension that promises to enhance both space and value—expanding the kitchen/diner and adding another bedroom—the property presents an attractive opportunity for those looking to invest in their future while enjoying immediate comfort. Located just minutes from Beccles and offering easy access to local amenities, schools, and transport links, this home is perfectly positioned for both peaceful village life and community engagement.

Investment Analysis

(NR34 area)

Above Market Value

This property is priced +15.1% above area average per sq ft

+15.1%
This Property
£337/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£218
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£262,728
10% above area average per sq ft
Potential ROI
-19.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR34)

Area prices are falling by -5.5% over the last 12 months
3 year growth: -11.6%
5 year growth: -1.2%
Investment Disclaimer: Analysis based on NR34 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

Forge Grove, 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
£974
Based on a loan of £206,250 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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