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Chichester Close, Rainham, Gillingham, Kent, ME8

South East

£400,000

Listed on 22/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
974 sqft

Description

This spacious three-bedroom family home, built in 1972, presents an exciting opportunity for renovation and personalization. With three ample double bedrooms, the property is ideally suited for families seeking space to grow. The ground floor features a sizable living area, a separate dining room, and a study, complemented by a convenient downstairs WC—perfect for modern family life and entertaining guests. The attached garage offers potential for conversion into additional living space, subject to planning permissions, enhancing both functionality and property value. Externally, the well-kept garden provides a serene outdoor retreat. Located in the desirable South East region with direct transport links to London and close proximity to local schools and amenities, this property holds significant investment potential for those looking to create their dream home.

Investment Analysis

(ME8 area)

Above Market Value

This property is priced +14.0% above area average per sq ft

+14.0%
This Property
£411/sq ft
Area Average
£360/sq ft
Avg Rent (weekly)
£308
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£386,025
10% above area average per sq ft
Potential ROI
-12.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (ME8)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -1.7%
5 year growth: +12.1%
Investment Disclaimer: Analysis based on ME8 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

Chichester Close, Rainham, Gillingham, Kent, ME8
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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
£1,427
Based on a loan of £300,000 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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