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Belmont Road, Gillingham

South East

£175,000

Listed on 08/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
971 sqft

Description

This two-bedroom Victorian terrace offers a substantial refurbishment opportunity for those looking to invest in a character property. Upon entering, you're greeted by an entrance hallway that leads to a front lounge and a separate dining area that connects to the kitchen. Notably, the property features a cellar, providing additional storage or potential for further development. On the first floor, you'll find two generously sized bedrooms along with a family bathroom. This home is in need of comprehensive renovation throughout and presents an ideal chance to modernise and personalise a period property according to your vision. Located in a sought-after residential area, the potential for this property is significant, making it a favorable option for both homeowners and investors alike.

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Investment analysis

(ME7 area)

Below Market Value

This property is priced -39.9% below area average per sq ft

-39.9%
Potential saving
This Property
£180/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£283
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£320,216
10% above area average per sq ft
Potential ROI
+20.8%
After renovation
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

Belmont Road, 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
£661
Based on a loan of £131,250 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

Next Steps

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