Britannia Drive
South East
£395,000
Listed on 17/10/2026
Listed on 17/10/2026
The listing
Property details
Bedrooms
3Type
HouseArea
903 sqftFeatures
- Garage
- Garden
- Parking
Description
A three-bedroom home on the Riverview Park Estate, offered with vacant possession and scope for cosmetic updating. The ground floor has a hall, lounge/diner and separate kitchen, with three bedrooms and a bathroom upstairs. The listing describes the property as sold as seen and notes double glazing and gas central heating.
Outside, there is a front garden, a rear garden, a side garage and a shared drive with space to park in front of the garage. The front boundary may offer scope to create additional off-street parking. The listing also identifies possible extension potential, subject to planning permission; feasibility would need to be checked.
Local shops, schools, leisure facilities and bus services are available in the Riverview Park area. Gravesend town centre and its railway station are around three miles away, with road access to the A2, M2, M20 and M25 also noted.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
42out of 100
Grade ELow opportunity
Confidence: MEDIUM
This is a usable home with a clear cosmetic refresh in view: dated wall finishes and carpets in the living and bedroom spaces offer scope to update the look, while the kitchen and bathroom appear serviceable. The garden, garage and generous parking add practical appeal, and the listing mentions possible extension potential subject to planning permission.
The main drawback is the price: £395,000 equates to about £437 per sq ft, around 18% above the local average. With the £8,500–£18,000 refurb range added, the purchase and works costs are stretched against the local benchmark for a home of this size; that comparison is not a forecast of post-renovation value. Overall, there is a straightforward canvas to improve, but the asking price and weak economics make this a low-opportunity proposition at the current figure.
Key opportunities
- Refresh the dated wall finishes and carpets in the living and bedroom spaces for a more current feel.
- Make use of the usable rear garden, improving worn paving and untidy edges.
- The garage and forecourt parking are useful assets; the listing also notes potential to create further off-street parking and possible extension subject to planning permission.
Key risks
- At the asking price, even the stated £8,500–£18,000 works budget leaves the purchase-and-refurb cost stretched against the local benchmark for this floor area.
- Plan on something close to £408,250 once the asking price and an estimated £13,250 of refurbishment are combined — around 18% above what similar-sized stock commands locally today, so margin after refurbishment is unproven.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,492
Based on a loan of £296,250 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.
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