3-bedroom terraced house · SP8 4JP
Sold STCListed 132 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Having been lived in by the current owners since the early 1990's, this property has been a much loved family home with various improvements including the addition of a substantial two-storey rear extension in 2013 which has created an excellent and flexible living space throughout.
The accommodation is thoughtfully arranged and provides well-balanced living areas suited to modern family life.
The ground floor offers a social and welcoming space with a central dining and kitchen area with access to the rear utility room and ground floor WC.
The living room is a nice size with sliding doors directly to the garden and an internal door leading to the original hallway with stairs to first floor.
The first floor landing gives access to the very generous master bedroom with dressing area. The second bedroom on this floor is a good double and both are served by the large family bathroom.
The second floor offers a wonderful 'front to back' space ideal for an independent child or relative which is served by a shower ensuite and WC.
Externally, the property enjoys an established garden with patio, ground level pond and a level lawn with hedging.
The shared side access leads to the communal entrance track which can be accessed be vehicles on either side.
On the other side of the residential track is where you will find the generous driveway parking (enough space for several cars) and double garage with up and over door.
The location is particularly convenient with Gillingham town centre and the mainline railway station approximately a five-minute walk away - this offers direct services to London and Exeter.
Services: The property is connected to mains water, electricity, drainage and gas. Heating is via the gas central heating boiler. Broadband: FTTP. EPC - Band C. Council Tax - Band B.
Agents Note: As is typical for a property of this age and style, there are several communal pedestrian pathways providing access to neighbouring properties. This does include the side pathway.
The vehicle access road which serves all properties to the rear is assumed to be unadopted.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
Agent & docs
FAQ
About Addison Terrace, Gillingham, SP8 4JP
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