We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work5-bedroom terraced house · ME8 6BA
Listing removedListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE VIA MODERN METHOD OF AUCTION. STARTING BID £380,000 PLUS RESERVATION FEE.
Located on the sought after Broadway in Gillingham, Kent, this impressive five bedroom family home offers spacious and versatile accommodation extending to approximately 1,425 sq.ft.
(132.4 sq.m.), arranged across three well planned floors.
Perfectly suited to growing families, the property combines generous living space with a flexible layout designed to adapt to modern lifestyles.
The ground floor is accessed via a welcoming entrance hall which leads to a bright and spacious bay fronted lounge, providing an ideal space for relaxation.
To the rear, the impressive open plan kitchen dining room spans over 18ft and serves as the heart of the home, offering ample room for family dining, entertaining and everyday living.
The kitchen is thoughtfully arranged with plentiful worktop and storage space and enjoys access to the rear garden.
The first floor comprises three well proportioned bedrooms, including two comfortable doubles, together with a family bathroom.
The second floor provides two additional bedrooms, including a particularly generous principal bedroom, complemented by a separate shower room.
This upper floor accommodation offers excellent flexibility for larger families, guests, teenagers or those requiring dedicated home office space.
Externally, the property benefits from a detached garage, ideal for secure parking, storage or workshop use.
Conveniently positioned close to a range of local amenities, reputable schools and leisure facilities, the property also enjoys excellent transport connections, with Gillingham town centre and mainline railway station within easy reach.
A substantial and adaptable family home in a highly convenient location, early viewing is strongly recommended.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
ROC260017/2 Description FOR SALE VIA MODERN METHOD OF AUCTION. STARTING BID £380,000 PLUS RESERVATION FEE.
Located on the sought after Broadway in Gillingham, Kent, this impressive five bedroom family home offers spacious and versatile accommodation extending to approximately 1,425 sq.ft.
(132.4 sq.m.), arranged across three well planned floors.
Perfectly suited to growing families, the property combines generous living space with a flexible layout designed to adapt to modern lifestyles.
The ground floor is accessed via a welcoming entrance hall which leads to a bright and spacious bay fronted lounge, providing an ideal space for relaxation.
To the rear, the impressive open plan kitchen dining room spans over 18ft and serves as the heart of the home, offering ample room for family dining, entertaining and everyday living.
The kitchen is thoughtfully arranged with plentiful worktop and storage space and enjoys access to the rear garden.
The first floor comprises three well proportioned bedrooms, (truncated) Auction Notes This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Auctioneer Comments This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction.
The Modern Method of Auction is a flexible buyer friendly method of purchase.
We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete.
Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance.
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 4.5% subject to a minimum of 6,000 plus VAT which secures the transaction and takes the property off the market.
The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed.
(truncated) Porch Hall Lounge 3.7m x 3.4m Kitchen Dining Room 5.8m x 3.6m Rear Garden Stairs to; Bedroom 2 3.4m x 3.3m Bedroom 3 3.6m x 3.07m Bathroom 2.2m x 1.8m Bedroom 5 2.34m x 2m Stairs to; Bedroom 1 4.9m x 2.6m Bedroom 4 3.2m x 2.7m Shower Room 1.5m x 1.8m Garage 5m x 3.7m
Value & comps
No previous sales on record.
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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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Broadway, Gillingham, Kent, ME8
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