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Challenge Close, Gravesend, Kent, DA12 - Image 1
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Challenge Close, Gravesend, Kent, DA12

South East

£290,000

Listed on 23/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
844 sqft

Description

This three-bedroom residence presents an excellent opportunity for those looking to invest in a property with significant renovation potential. The spacious living area, paired with a dedicated dining section and a conservatory, offers a solid foundation for modern updates. The kitchen is equipped with basic fixtures and has space for essential appliances, while the first-floor bathroom includes fundamental amenities that may require refreshing. Generously sized bedrooms provide ample room for improvement or reconfiguration to enhance livability. Outside, the established front garden and rear garden offer potential landscaping opportunities along with an accessible garage. Situated on a tranquil road just over two miles from Gravesend town centre, this property benefits from proximity to various shopping, educational facilities, and quick rail links into central London. Given the current demand in the area, early interest is advised as properties like this tend to attract attention quickly.

Investment Analysis

(DA12 area)

Below Market Value

This property is priced -7.6% below area average per sq ft

-7.6%
Potential saving
This Property
£344/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£317
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£345,411
10% above area average per sq ft
Potential ROI
+4.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (DA12)

Area prices are rising by +3.0% over the last 12 months
3 year growth: +1.9%
5 year growth: +14.5%
Investment Disclaimer: Analysis based on DA12 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

Challenge Close, Gravesend, Kent, DA12
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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
£1,096
Based on a loan of £217,500 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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