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Chestnut Way, Gillingham

South West

£265,000

Listed on 21/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
762 sqft

Description

Nestled in a tranquil cul-de-sac in Gillingham, this three-bedroom semi-detached house presents an excellent opportunity for those looking to customize their home. With convenient access to a popular primary school and local amenities, the property is ideal for renovation enthusiasts. Notably, it features a solar array with battery storage, contributing to its impressive energy efficiency rating of A. The ground floor comprises a spacious open plan sitting and dining room that seamlessly connects to the rear garden through double doors. This area offers ample potential for modernizing and reconfiguring to suit personal tastes. The kitchen, located off the dining room, provides a view of the garden and access to a patio area, creating possibilities for enhancement. Upstairs, there are three bedrooms: two generous doubles—one of which includes built-in wardrobes—and a single bedroom. The family bathroom serves all three rooms and could be updated for better functionality. Outside, the south-facing rear garden is fully enclosed and features a large patio alongside a lawn, making it suitable for various outdoor improvements. An added bonus is the garage located at the bottom of the garden with off-road parking available for up to three cars. Previous planning permission for a two-storey extension indicates further development potential, subject to necessary approvals. This property not only offers immediate living comfort but also holds significant promise for future enhancements and expansions.

Investment analysis

(SP8 area)

Above Market Value

This property is priced +12.8% above area average per sq ft

+12.8%
This Property
£348/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£267
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£258,375
10% above area average per sq ft
Potential ROI
-18.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (SP8)

Area prices are rising by +6.7% over the last 12 months
3 year growth: -1.7%
5 year growth: +7.1%
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

Chestnut 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
£1,001
Based on a loan of £198,750 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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