5-bedroom house · ME7 3PY
Sold STCReduced £25k (−4.3%) on 15 SepListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £625,000 - £650,000 Situated in the sought-after area of The Everglades, this beautifully presented home offers an impressive 1,890.6 sq. Ft. Of modern living space.
Extended to the rear, the property boasts a stylish fitted interior throughout, a convenient ground floor cloakroom, and spacious, versatile accommodation ideal for family living.
Externally, the home benefits from a generous block-paved driveway and garage, while being just 1.3 miles from Hempstead Valley Shopping Centre, providing excellent access to local amenities and transport links.
Key terms Discover the allure of Rainham and Gillingham, nestled in the heart of the Medway Towns.
These neighbouring communities offer a unique blend of tranquillity and convenience, with picturesque landscapes and excellent transport links, including direct train services to London city centre.
Residents benefit from a variety of shopping destinations such as Hempstead Valley Shopping Centre and Gillingham Business Retail Park, along with a plethora of local pubs and restaurants to enjoy.
Both towns boast well-respected schools, including Rainham Mark Grammar, ensuring quality education for families.
Moreover, Rainham and Gillingham provide ample open space and recreational facilities, including Capstone Country Park, Berengrave Nature Reserve, Riverside Country Park, the Planet Ice Skating Rink, the Ski & Snowboard Centre, and Great Lines Heritage Park.
This abundance of amenities caters to diverse interests and lifestyles, making these towns not just places to live, but communities to thrive in. Entrance Hallway Oak staircase to first floor.
Understairs storage. Radiator. Cloakroom (6' 5" x 4' 5" (1.96m x 1.35m)) Double glazed window to front. Low level WC. Vanity wash hand basin. Vinyl flooring.
Lounge (21' 1" x 18' 3" (6.43m x 5.56m)) Double glazed door to side. Double glazed window to front. Wooden flooring. Radiator.
Dining Room (13' 3" x 5' 9" (4.04m x 1.75m)) Double glazed window to front and side. Wooden flooring. Radaitor. Conservatory (17' 1" x 12' 4" (5.2m x 3.76m)) Double glazed surround and door to rear.
Natural flooring. Radiator. Kitchen (26' 2" x 7' 9" (7.98m x 2.36m)) Double glazed window to front. Double glazed bi folding doors. Range of wall and base units with worksurface over. Space for oven.
Integrated appliances. Breakfast bar. Tiled flooring. Radiator. Landing (13' 9" x 6' 0" (4.2m x 1.83m)) Double glazed window. Carpet. Access to boarded loft via ladder.
Bedroom One (15' 3" x 12' 0" (4.65m x 3.66m)) Two double glazed windows to rear. Wooden flooring. Radiator. Ensuite (5' 8" x 6' 6" (1.73m x 1.98m)) Double glazed window to side. Low level WC.
Wash hand basin. Bath with shower over. Heated towel rail. Vinyl flooring. Bedroom Two (13' 6" x 13' 3" (4.11m x 4.04m)) Double glazed window to rear. Fitted wardrobes. Carpet. Radiator.
Bedroom Three (11' 8" x 11' 3" (3.56m x 3.43m)) Double glazed window to front. Fitted wardrobes. Carpet. Radiator. Bedroom Four (9' 5" x 8' 0" (2.87m x 2.44m)) Double glazed window to front. Carpet.
Radiator. Bathroom (7' 9" x 7' 4" (2.36m x 2.24m)) Double glazed window to side. Low level WC. Wash hand basin. Bath with shower attachment. Heated towel rail. Vinyl flooring.
Rear Garden Block paved patio. Shed with power. Laid to lawn. Side access. Access to garage. Fenced in. Garage & Parking Garage with power. Driveway to fit 4 vehicles.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 24, The Everglades, Gillingham
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