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Chalfont Drive, Gillingham

South East

£300,000

Listed on 28/05/2026

Property Details

Bedrooms
1
Type
Bungalow
Area
599 sqft

Description

Situated in a desirable residential neighborhood of Rainham, this one-bedroom bungalow presents a unique opportunity for buyers looking to invest or renovate. With its spacious layout, the property includes a large lounge/dining area that can be reconfigured to enhance usability, alongside a fitted kitchen and a comfortable double bedroom. The family bathroom is functional but could benefit from modern updates. The addition of a conservatory at the rear offers extra living space and delightful views over the generously sized garden, which stretches approximately 10–15 meters—ideal for those with green thumbs or interest in outdoor leisure activities. Outside, side access opens up possibilities for enhancements or extensions, making this property ripe for development. Off-street parking for two vehicles adds further convenience. Close proximity to essential amenities, public transport links, and reputable schools enhances its appeal for various buyers, particularly first-time homeowners and investors keen on tapping into the area's potential.

Investment Analysis

(ME8 area)

Above Market Value

This property is priced +39.0% above area average per sq ft

+39.0%
This Property
£501/sq ft
Area Average
£360/sq ft
Avg Rent (weekly)
£308
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£237,402
10% above area average per sq ft
Potential ROI
-28.1%
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
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

Chalfont Drive, Gillingham
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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
£1,070
Based on a loan of £225,000 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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