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

South East

£150,000
Listed on 21/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
882 sqft

Description

This two-bedroom terraced house in Gillingham presents a comprehensive refurbishment opportunity, perfect for those looking to invest or create a modern home. With two reception rooms, a downstairs bathroom, and a kitchen, this property offers a solid structure with ample potential for enhancements. The rear garden not only provides a private outdoor space but also holds significant promise for development—there's the potential for an extension (subject to planning permission) that could expand the ground floor layout and substantially increase the property's value. Its prime location, just a short stroll from Gillingham High Street and the train station, adds further appeal for both owner-occupiers and investors alike. The property requires extensive work throughout, making it an ideal blank canvas for creative visionaries eager to transform it into either a stylish family residence or an income-generating rental unit. With its proximity to amenities and the possibility of both structural and aesthetic upgrades, this house is ripe with investment potential.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -43.1% below area average per sq ft

-43.1%
Potential saving
This Property
£170/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£279
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£290,187
10% above area average per sq ft
Potential ROI
+20.9%
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
29%
Properties sold annually

Local Market Trend (ME7)

Area prices are rising by +6.7% over the last 12 months
3 year growth: +3.6%
5 year growth: +20.1%
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

Canterbury Street, Gillingham, Kent ME7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£541
Based on a loan of £112,500 over 30 years at 4.06% 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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