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First Avenue, Gillingham, Kent, ME7

South East

£385,000
Listed on 27/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1006 sqft

Description

Located in the desirable First Avenue area of Gillingham, this three-bedroom semi-detached house presents a solid investment opportunity. The home features spacious living areas and a practical layout suitable for families or professionals who may want to adapt spaces for home offices. The open plan kitchen/diner at the rear is a modern highlight, recently updated, but still offers potential for further enhancements to suit personal tastes. The property includes three well-sized bedrooms on the upper floor, alongside convenient downstairs WC facilities. Outside, the long rear garden holds promise for various landscaping projects or outdoor entertaining setups. Although currently well-presented, there remains room for improvements that could significantly increase the property's value. Positioned near local amenities and public transport links, including direct routes into London, this home is ideally situated while offering a pathway to augment its appeal through thoughtful renovations.

Investment Analysis

(ME7 area)

Above Market Value

This property is priced +27.7% above area average per sq ft

+27.7%
This Property
£383/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£273
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£331,593
10% above area average per sq ft
Potential ROI
-19.1%
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

First Avenue, 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
£1,364
Based on a loan of £288,750 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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