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Newbury, Gillingham, Dorset, SP8

South West

£750,000

Listed on 19/06/2026

Property Details

Bedrooms
5
Type
Detached
Area
2684 sqft

Description

The Elms is a significant Victorian villa constructed from red brick, strategically situated in Gillingham on a generous 0.56-acre plot. This period home showcases impressive dimensions and a flexible layout that aligns well with contemporary family needs while retaining historical charm. Upon entering, you're welcomed by a spacious hallway featuring original floor tiles and an elegant staircase. The ground floor encompasses bright and expansive reception areas, leading to the first floor where three double bedrooms are complemented by a family bathroom equipped with both a bath and shower. An attic conversion offers additional potential, housing either two further bedrooms or an office space. While the property is in need of some refurbishment throughout, it represents an exciting opportunity for prospective buyers to implement personal touches and enhancements. Located in a growing town, Gillingham meets many daily needs with nearby supermarkets, health services, banking facilities, cafes, and more. Transport links are robust with access to London Waterloo via rail within two hours and proximity to major roadways like the A303 and A350 for convenient travel to the South West and coastline. The area boasts reputable educational institutions—both state and independent—as well as diverse recreational options including leisure centers. The grounds feature a sweeping private driveway that leads past mature lawns, creating an impressive entryway suitable for ample off-street parking. The rear garden is a tranquil retreat enhanced by mature hedges and fruit trees—ideal for outdoor dining or play. Additionally, the property includes a detached double garage for secure vehicle storage. It's noteworthy that previous discussions with Dorset Planning regarding the potential demolition of the existing structure in favor of five new homes received positive feedback, indicating strong investment prospects.

Investment Analysis

(SP8 area)

Below Market Value

This property is priced -10.1% below area average per sq ft

-10.1%
Potential saving
This Property
£279/sq ft
Area Average
£311/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£917,311
10% above area average per sq ft
Potential ROI
+9.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SP8)

Area prices are rising by +7.2% over the last 12 months
3 year growth: -1.7%
5 year growth: +11.0%
Investment Disclaimer: Analysis based on SP8 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

Newbury, Gillingham, Dorset, SP8
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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
£2,833
Based on a loan of £562,500 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

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