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See how verdicts work2-bedroom terraced house · SP8 4JP
Listing removedReduced £10k (−4.5%) on 20 JunListed 280 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well proportioned end-of-terrace home situated within a well established residential setting in Gillingham, offering generous accommodation, gardens and the benefit of a garage.
The property has been owned by the current vendors for approximately seventeen years and provides a comfortable home with well balanced living space arranged over multiple floors.
The house sits comfortably within its plot, enjoying both front and rear gardens, along with the practical advantage of a garage, which is increasingly sought after in this location.
The accommodation is arranged to suit a range of needs, whether for family living, first time buyers or those looking for a property with flexible internal space.
The location is particularly convenient, with Gillingham town centre and the mainline railway station is approximately a five minute walk away, offering direct services to London and making this a practical base for commuters.
A wide range of local amenities, schools and leisure facilities are also close at hand.
The Property Accommodation Inside The property is entered via a welcoming hallway which leads through to the main reception room.
This is a comfortable and well proportioned space, naturally light and well suited to everyday living.
An open working fireplace provides a focal point and is suitable for use with wood and smokeless fuel, while a radiator ensures comfort throughout the year.
Patio doors open directly onto a gravelled seating area to the front, enclosed by a wooden boundary with gate, creating a pleasant connection between the living space and the garden.
There is also useful understairs storage with mains lighting. To the rear of the house, the kitchen and breakfast room provides a generous and practical workspace.
The room benefits from a radiator and houses a gas fired combi boiler, along with a smart meter installed last year, and functions well as the heart of the home.
Adjoining the kitchen is a particularly useful rear lobby which leads through to the utility and cloakroom.
This area incorporates a WC and pedestal wash hand basin, along with plumbing for a washing machine and twin power points, adding greatly to the practicality of the ground floor accommodation.
The lobby also provides access to the rear yard, a useful space for bin storage and pot plants, and benefits from a mains outdoor light and water tap.
A wooden gate leads through to the rear access road. The upper floors provide two good sized bedrooms, both benefiting from radiators and arranged in a practical and balanced manner.
One bedroom includes a built-in cupboard with shelving located over the stairs, currently used for linen storage, while the second bedroom provides access to the loft via a pull-down metal ladder.
The loft space benefits from boarding, lighting and power, offering excellent additional storage.
The bathroom serves the accommodation and benefits from both a radiator and an electric wall-mounted heater.
Outside The property enjoys both front and rear garden areas, laid mainly to lawn and providing a pleasant outdoor setting.
To the rear there is a garage with an up-and-over lockable door, a wooden side access door and four double glazed windows, supported by two additional sheds which provide further useful storage.
The access to the front garden is partly shared with the neighbouring property, limited solely to access to their front door, with no access to their rear.
There is also an additional front garden area belonging to the property, planted with a bay tree, hazel and forsythia, adding interest and definition to the frontage.
Important Information Heating: Gas fired central heating Drainage: Mains Water: Mains Windows: UPVC double glazing EPC Rating: D Council Tax: B Tenure: Freehold Location Addison Terrace is well placed for access to Gillingham’s wide range of facilities, including shops, schools, supermarkets and leisure amenities.
The mainline railway station is close by, offering direct links to London, making the location particularly appealing for commuters while still enjoying the benefits of a residential setting.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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.
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FAQ
About 8, Addison Terrace, Gillingham
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