4-bedroom bungalow · DA12 4BW
Sold STCListed 148 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £425,000 - £475,000 Situated within the ever-popular Riverview Park area of Gravesend, this extended semi-detached chalet-style property offers approximately 1,581 square feet (146.9 square metres) of versatile living accommodation arranged across two floors, making it ideal for growing families or buyers seeking flexible living space.
The ground floor provides generous and adaptable accommodation including a comfortable living area, fitted kitchen with integrated appliances, family bathroom and two ground floor bedrooms, which could alternatively be utilised as additional reception rooms, a home office or guest accommodation if required.
A significant enhancement to the property was the loft conversion, which created further first-floor accommodation together with an additional bathroom.
The layout also lends itself well to multi-generational living, with part of the accommodation currently arranged as a self-contained level incorporating a bedroom and kitchenette/living area, substantially enhancing both the versatility and practicality of the home.
The property has been well maintained over the years and benefits from recent decorative improvements including fresh paintwork throughout.
Further upgrades include a replacement roof installed during the loft conversion, updated electrics and a modern gas combi boiler with approximately nine years remaining on the warranty.
Externally, the home enjoys a south-west facing rear garden, ideal for making the most of the afternoon and evening sun, along with a detached garage and two off-road parking spaces positioned nearby.
Both the garage and wooden shed benefit from power and lighting, offering excellent storage or workshop potential.
Conveniently located within the sought-after Riverview Park development, the property is close to a wide range of everyday amenities including Tesco Express, Morrisons Daily, doctors’ surgery, dentist, pharmacy, public house and local takeaways.
The area is also well served by reputable local schools and offers excellent access to the A2 and M2, together with commuter coach routes into London, making it particularly well suited to commuters and families alike.
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
Agent & docs
FAQ
About Cerne Road, Gravesend, Kent, DA12
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