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Charter Street, Gillingham, Kent ME7 - Image 1
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Charter Street, Gillingham, Kent ME7

South East

£185,000
Listed on 27/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
989 sqft

Description

This two-bedroom mid-terraced property, available without a chain, presents a promising opportunity for those looking to create a comfortable family space or a solid rental investment. Spanning three levels, the home greets you with a welcoming entrance porch that leads into a bright and spacious lounge, enhanced by a large front-facing window that floods the room with natural light. Adjacent to the lounge is a separate dining area, conveniently divided by the staircase, which offers an inviting atmosphere for family gatherings or entertaining guests. The kitchen at the rear of the property is in need of renovation and modernization, making it an ideal project for buyers eager to enhance their investment with personal touches and added value. Also on the ground floor is a practical utility room and a downstairs shower room. The basement area expands your options further; whether you envision it as a home office, hobby space, or additional storage, it adds considerable versatility to the layout. On the first floor, you'll find two generous double bedrooms along with a family bathroom accessible from the master bedroom. This property also comes equipped with double glazing and gas central heating throughout. Externally, there's a good-sized rear garden perfect for al fresco dining or leisure activities. Permit parking is conveniently available at the front. Previously rented out, this chain-free residence holds excellent potential as either a family home or buy-to-let opportunity—don't miss your chance to unlock its true value.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -37.9% below area average per sq ft

-37.9%
Potential saving
This Property
£187/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£285
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£327,512
10% above area average per sq ft
Potential ROI
+56.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (ME7)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 3.7%
5 year growth: 22.2%
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

Charter Street, Gillingham, Kent ME7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£678
Based on a loan of £138,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE