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Jay Walk, Gillingham SP8

South West

£375,000
Listed on 24/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1541 sqft

Description

This four-bedroom, three-storey property presents an excellent opportunity for renovation and investment, situated in the desirable Shaftesbury area of Gillingham. Its proximity to local schools and the railway station makes it an attractive option for families and commuters alike. Currently vacant and offered with no chain, the house invites new owners to envision its potential. Entering the property, you are greeted by a spacious dining room to one side and a convenient cloakroom on the other. At the rear, a generous kitchen features patio doors that open onto a private walled garden, which is primarily laid to lawn with a patio area suitable for outdoor entertaining. A utility room adjacent to the kitchen offers practicality for laundry tasks and provides additional access to the garden, enhancing functionality, especially for pet owners. The driveway is located behind secure double gates, offering both parking convenience and added security. The first floor is home to a bright sitting room accented by a charming bay window, along with a master bedroom that includes en-suite facilities. A guest WC adds to the inviting nature of this level. Ascending to the top floor reveals three further double bedrooms that share a modern family bathroom equipped with both a bathtub and separate shower. With its neutral décor throughout, this property serves as a blank canvas ready for personalization. Whether your vision leans towards contemporary upgrades or traditional touches, the flexible layout and ample natural light provide an ideal backdrop for making it truly yours. Additional benefits include plentiful parking options thanks to the driveway, garage, and allocated space—an important consideration in this community-oriented town. Gillingham itself boasts a vibrant market atmosphere with essential amenities such as grocery stores, primary and secondary schools, healthcare services, and easy access to transport links that connect you directly to London and Salisbury via rail. The surrounding countryside offers numerous scenic walking routes like those found in Duncliffe Wood and along the Stour Valley Way. Plus, nearby attractions such as Gold Hill in Shaftesbury add cultural richness to this already appealing location. This property not only offers immediate comforts but also significant long-term investment potential within a growing market town—perfect for those looking to create their ideal home while reaping future rewards.

Investment Analysis

(SP8 area)

Below Market Value

This property is priced -21.6% below area average per sq ft

-21.6%
Potential saving
This Property
£243/sq ft
Area Average
£310/sq ft

Renovation Potential

Est. Renovation Cost
£37,500 - £93,750
10-25% of property value
Target Value
£526,159
10% above area average per sq ft
Potential ROI
+12.2%
After renovation
Monthly Sales
19
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (SP8)

Area prices are falling by +5.4% over the last 12 months
3 year growth: -2.2%
5 year growth: 7.4%
Investment Disclaimer: Analysis based on SP8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Jay Walk, Gillingham SP8
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