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Rainham Road, Gillingham, Kent ME7

South East

£170,000
Listed on 29/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom residence offers a promising canvas for those looking to invest in a refurbishment project. Located within the well-connected Medway Towns, it is ideally suited for buyers interested in modernizing a space to unlock its potential value. The property is available with no chain, allowing for immediate planning and development to commence. Set in the appealing areas of Rainham and Gillingham, the home provides easy access to nearby amenities, including shopping hubs and excellent transport links that facilitate direct commutes to Central London. The surrounding community is enriched with local schools known for their educational standards, alongside outdoor spaces such as parks and recreational facilities that enhance family living. Key features include a spacious entrance hall leading into multiple living areas, including a living room and dining room, both requiring updates but offering ample natural light. The kitchen comes with basic units but would benefit from a complete overhaul. Upstairs are three bedrooms that can be transformed into comfortable retreats. Outside, the garden presents an opportunity for landscaping or redevelopment. Overall, this property is not just a home; it’s an investment waiting to be realized.

Investment Analysis

(ME7 area)
Area Average
£300/sq ft
Avg Rent (weekly)
£284
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (ME7)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +2.0%
5 year growth: +13.2%
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

Rainham Road, Gillingham, Kent ME7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£607
Based on a loan of £127,500 over 30 years at 3.97% 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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