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Bourne Way, Gillingham

South West

£220,000
Listed on 25/04/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
635 sqft

Description

This semi-detached bungalow, located in a desirable residential area, presents a promising opportunity for renovation enthusiasts or investors looking to enhance value. The property is currently in need of some modernization, featuring a welcoming reception room and two good-sized bedrooms. A functional kitchen with ample cabinetry adds to the home's versatility, while the conservatory at the rear boosts natural light and offers scenic views of the garden. The layout includes an entrance porch and a shower room, providing essential amenities while leaving room for personal touches. With front and rear gardens available, there is significant potential for landscaping or creating outdoor entertainment spaces. Off-road parking is provided by a driveway leading to a single garage that includes convenient access to the garden. While it requires updating, this bungalow allows buyers to tailor the interior to match their vision in a well-established community. Its prime location ensures proximity to local shops, amenities, and transport links makes it ideal for both downsizers and those seeking to create their perfect home.

Investment Analysis

(SP8 area)

Above Market Value

This property is priced +11.3% above area average per sq ft

+11.3%
This Property
£346/sq ft
Area Average
£311/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£217,338
10% above area average per sq ft
Potential ROI
-11.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SP8)

Area prices are rising by +12.3% over the last 12 months
3 year growth: +2.8%
5 year growth: +12.5%
Investment Disclaimer: Analysis based on SP8 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

Bourne Way, 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
£779
Based on a loan of £165,000 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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