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Saunders Street, Gillingham ME7 - Image 1
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Saunders Street, Gillingham ME7

South East

£215,500
Listed on 12/04/2026

Property Details

Bedrooms
4
Type
End Terrace
Area
1389 sqft

Description

This end-terrace property, dating back to 1860, presents an intriguing opportunity for renovation and investment in Gillingham. Spanning approximately 1,389 square feet, the home features two reception rooms along with four spacious bedrooms and two bathrooms. While the kitchen is functional, it requires modernization to meet contemporary standards. The overall condition of the property indicates a need for refurbishment throughout, making it an ideal canvas for those looking to infuse personal style and upgrades. Notably, there is potential for conversion into flats, granting a possible avenue to enhance the property's value through planning approval. Located in proximity to local amenities and transport links, this property is well-suited for families or professionals seeking a project that could be transformed into a desirable home or rental investment. With vision and commitment, this house can evolve into something exceptional.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -48.2% below area average per sq ft

-48.2%
Potential saving
This Property
£155/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£273
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£457,835
10% above area average per sq ft
Potential ROI
+54.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (ME7)

Area prices are rising by +3.6% over the last 12 months
3 year growth: +2.0%
5 year growth: +16.0%
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

Saunders Street, Gillingham ME7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£763
Based on a loan of £161,625 over 30 years at 3.91% 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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