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2 Napier Road, Gillingham, Kent, ME7 4HB

South East

£150,000

Listed on 26/06/2026

Property details

Bedrooms
3
Type
End Of Terrace
Area
1064 sqft

Description

This vacant three-bedroom end-of-terrace house presents a noteworthy opportunity for renovation and investment. Located in a residential area with convenient access to local shops and transport links via Gillingham rail station, this property is ripe for transformation. The existing structure includes two reception rooms, a kitchen, and a bathroom on the ground floor, alongside three bedrooms on the first floor. Plans have been proposed for an additional three-bedroom house adjacent to the current building, offering potential for further development—subject to securing relevant planning permissions. While no planning application has been submitted yet, interested parties can review the available drawings upon request. With off-street parking included and proximity to open spaces like The Strand Lido, this property holds significant appeal for investors looking to maximize their portfolio in the South East.

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Investment analysis

(ME7 area)

Below Market Value

This property is priced -53.1% below area average per sq ft

-53.1%
Potential saving
This Property
£141/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£287
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£351,588
10% above area average per sq ft
Potential ROI
+85.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (ME7)

Area prices are stable by +0.9% over the last 12 months
3 year growth: +0.8%
5 year growth: +12.2%
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

2 Napier Road, Gillingham, Kent, ME7 4HB
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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
£567
Based on a loan of £112,500 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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