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Gillingham Road, Gillingham, ME7

South East

£160,000Guide Price

Listed on 02/06/2026

Property details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced house in Gillingham presents an appealing opportunity for those looking to invest in a complete renovation project. The property is situated in a sought-after residential area and requires extensive refurbishment throughout, making it ideal for investors or homebuyers wishing to customize their living space. The layout includes a living room, dining room, kitchen, two reasonably sized bedrooms, and a family bathroom. Additionally, there is a private rear garden and a basement that can be utilized for storage. With local amenities, schools, and transport links nearby, this property offers the perfect platform to create a desirable home. As this sale is conducted via an online auction process, interested parties can bid with confidence knowing that all necessary legal preparations are in place for immediate purchase upon acceptance of their offer.

Investment analysis

(ME7 area)
Area Average
£300/sq ft
Avg Rent (weekly)
£283
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (ME7)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +0.3%
5 year growth: +10.7%
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

Gillingham Road, Gillingham, ME7
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£604
Based on a loan of £120,000 over 30 years at 4.45% 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

Price History

-11.1% since listed
£160,000£20,000(-11.1%)
16/07/2026
Current price
£180,000Initial listing
02/06/2026

Next Steps

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