St. Marys Road, Gillingham ME7 4 bed terraced house for sale

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St. Marys Road, Gillingham ME7 4 bed terraced house for sale

St. Marys Road, Gillingham ME7
£220,000

Our Summary

  • Whether you’re looking for a generously sized 3/4 bedroom family home or a prime investment with scope to create a high-yield HMO, this property offers huge potential
  • For investors, the property’s layout offers clear potential to develop a 4 or 5 bedroom HMO with minimal alteration, tapping into Medway’s robust shared housing market
  • With demand consistently outstripping supply for well-located HMOs, this is an ideal opportunity to refurbish and add value
  • While the property would benefit from some updating and modernisation, this is precisely what will appeal to both buyers looking to make it their own and investors seeking a strong rental return
  • Opportunity to create 5 bed HMO (STPP)
  • Opportunity to create 5+ bed HMO (STPP)
  • Substantial Victorian mid-terrace with huge potential

Description

This substantial Victorian mid-terrace property in Gillingham offers a rare opportunity for a family home or investment property. With over 1,200 square feet of accommodation, the property features a large, adaptable layout with high ceilings, period character, and three levels, including a converted basement. The property is perfectly positioned to meet strong local demand, with a front reception room/bedroom, central dining room, well-proportioned kitchen, ground floor bathroom, and three further double bedrooms upstairs. The basement is ideal for use as a study, playroom, or extra bedroom. The property's layout also offers potential for development into a 4 or 5 bedroom HMO, making it an ideal opportunity for investors to refurbish and add value. The location is highly convenient, with Gillingham Train Station, Medway Maritime Hospital, and the University of Kent's Medway campus nearby, ensuring steady demand from commuters, NHS staff, and students. While the property would benefit from some updating and modernisation, it presents a rare opportunity for buyers and investors alike to make it their own or create a strong rental return.