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Shreen Way, Gillingham

South West

£250,000

Listed on 27/06/2026

Property details

Bedrooms
2
Type
Detached Bungalow
Area
910 sqft

Description

This detached two-bedroom bungalow presents a promising opportunity for those looking to invest in a property with considerable renovation potential. Situated on Shreen Way in Gillingham, Dorset, it boasts convenient driveway parking and a single garage, making it ideal for homeowners seeking accessibility. The home is within walking distance of local amenities such as supermarkets, cafes, and a mainline train station. Inside, the layout features an entrance hall with storage options, a spacious lounge equipped with multiple windows and a gas fireplace, and a kitchen/dining area that opens to the rear garden. Both bedrooms offer ample natural light through their respective windows. The bathroom includes essential fixtures but could benefit from modern enhancements. Outside, the front garden is mainly laid to lawn while the rear garden offers space for outdoor activities. This bungalow is ready for transformation into a personalized living space, providing an excellent canvas for investors or individuals eager to see their vision come to life.

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Investment analysis

(SP8 area)

Below Market Value

This property is priced -11.6% below area average per sq ft

-11.6%
Potential saving
This Property
£275/sq ft
Area Average
£311/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£311,011
10% above area average per sq ft
Potential ROI
+13.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Shreen Way, Gillingham
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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
£944
Based on a loan of £187,500 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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