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Adelaide Road, Gillingham, ME7 4NJ - Image 1
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Adelaide Road, Gillingham, ME7 4NJ

South East

£175,000
Listed on 07/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
811 sqft

Description

This Upper Gillingham residence presents a unique opportunity for those looking to invest in a property with significant potential for enhancement. The home features two distinct reception rooms, a basement primed for conversion into usable space, and a generous rear garden—each element adding to its appeal as a blank canvas for your creative vision. With double glazing and central heating already in place, the foundation is set for an exciting renovation project that can cater to modern living needs, whether you envision open-plan spaces or dedicated areas for work and leisure. As you enter, consider the possibilities of reimagining the layout; the versatility provided by the two reception rooms allows for various configurations according to your preferences. The cellar stands out as an asset, offering additional storage or potential development depending on your ambitions. Outdoors, the spacious rear garden is an ideal setting for summer gatherings or could be transformed into an impressive landscape design. With the asking price reflecting necessary renovations, this property offers a compelling chance to personalize and enhance value over time. Situated in Upper Gillingham, this location boasts easy access to essential amenities including Medway Maritime Hospital, local shops, parks, and restaurants. The area is well-connected with transport links to London St Pancras via high-speed rail. Additionally, nearby recreational facilities such as Medway Park sports centre and leisure attractions provide ample opportunities for active living. Given its proximity to educational institutions and green spaces, this property not only offers lifestyle benefits but also long-term investment potential.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -28.2% below area average per sq ft

-28.2%
Potential saving
This Property
£216/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£284
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£267,987
10% above area average per sq ft
Potential ROI
+24.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (ME7)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +2.0%
5 year growth: +13.2%
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

Adelaide Road, Gillingham, ME7 4NJ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£624
Based on a loan of £131,250 over 30 years at 3.97% 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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