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Britton Street, Gillingham, Kent ME7

South East

£160,000
Listed on 18/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
753 sqft

Description

This two-bedroom house presents a rare opportunity for investors and DIY enthusiasts looking to enhance its value through renovation. With a spacious layout, the property is poised for transformation, allowing for modern updates and personalized touches. The location in Rainham, nestled within the Medway Towns, enhances its appeal with easy access to transport links, excellent schools, and numerous leisure facilities such as parks and shopping areas. Beyond its current state, the potential of this home lies in its ability to be customized to suit various tastes and preferences. Features include a living room, dining area with access to a garden in need of landscaping, a compact kitchen that can be optimized for functionality, two well-sized bedrooms ready for personalization, and a bathroom that requires updating. Given its generous space and desirable locale, this property is not just a house but an investment waiting to flourish.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -29.1% below area average per sq ft

-29.1%
Potential saving
This Property
£212/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£273
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£248,200
10% above area average per sq ft
Potential ROI
+34.2%
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

Britton Street, Gillingham, Kent 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
£567
Based on a loan of £120,000 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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