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Nelson Road, Gillingham, ME7

South East

£350,000
Listed on 16/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1970 sqft

Description

This detached three-bedroom home presents a valuable opportunity for investors and renovation enthusiasts. Nestled behind secure gates, the property is set on a generous plot that offers ample parking options. The ground floor features a welcoming entrance porch leading to a spacious lounge, separate dining area, conservatory, and a kitchen/breakfast room, along with a convenient shower room and utility space. Upstairs, you will find three well-sized bedrooms; while two have built-in wardrobes, the current layout provides an opportunity to enhance privacy by reconfiguring access to the principal bedroom. This bedroom includes its own en-suite shower room. The east-facing rear garden is sizeable with both patio and lawn sections, perfect for outdoor gatherings or family activities. A detached garage with electric doors can serve as additional storage or secure parking. The extensive gated driveway allows for multiple vehicles and boosts the property's privacy. Further development or improvement possibilities exist, subject to planning permissions (STPP). Located conveniently near Gillingham railway station, esteemed schools, and various local amenities, this property holds significant promise for those looking to invest in a project with great potential.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -40.9% below area average per sq ft

-40.9%
Potential saving
This Property
£178/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
£650,967
10% above area average per sq ft
Potential ROI
+66.9%
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

Nelson Road, Gillingham, ME7
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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
£1,249
Based on a loan of £262,500 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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