3-bedroom house · ME8 8JW
Listing removedReduced £10k (−3.3%) on 20 JunListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented three-bedroom home situated on the popular Mierscourt Road, offering spacious accommodation of approximately 764.2 sq ft.
Ideally located just 1.1 miles from Rainham railway station and within walking distance of local amenities, this property is perfect for commuters, first-time buyers, or investors alike.
The home benefits from a modern fitted kitchen, well-proportioned living space, access to highly regarded local schools, and the added advantage of a garage en bloc.
Key terms Rainham and Gillingham lie in the Medway, both being circled by charming semi-rural villages.
There are several shopping destinations for residents, including Hempstead Valley Shopping Centre and Gillingham Business Retail Park, as well as an abundance of local pubs and restaurants.
Both towns are served by well-respected schools, including Rainham Mark Grammar.
Rainham and Gillingham have oodles of open space and facilities, including Capstone Country Park, Berengrave Nature Reserve, Riverside Country Park, the Planet Ice Skating Rink, Medway Park Sports Centre, Jumpers Rebound Centre, the Ski & Snowboard centre and Great Lines Heritage Park Porch (6' 0" x 2' 8" (1.83m x 0.81m)) Composite front door.
Double glazed window to side. Carpet. Lounge (15' 9" x 13' 5" (4.8m x 4.1m)) Double glazed bay window to front. Carpet. Radiator.
Kitchen/Diner (15' 8" x 11' 7" (4.78m x 3.53m)) Double glazed window to rear. Double glazed door to conservatory. Range of wall and base units with worksurface over. Integrated dishwasher.
Samsung oven and Candy gas hob. Pantry cupboard. Space for fridge freezer. Tiled flooring. Radiator. Conservatory (14' 4" x 8' 1" (4.37m x 2.46m)) Double glazed surround and doors to rear.
Space for washing machine and tumble dryer. Tiled flooring. Landing (9' 2" x 6' 5" (2.8m x 1.96m)) Loft access. Storage cupboard. Carpet.
Bedroom One (15' 8" x 9' 1" (4.78m x 2.77m)) Double glazed window to front. Fitted wardrobe. Carpet. Radiator. Bedroom Two (8' 5" x 8' 5" (2.57m x 2.57m)) Double glazed window to rear. Carpet.
Radiator. Bedroom Three (8' 8" x 6' 5" (2.64m x 1.96m)) Double glazed window to front. Carpet. Radiator. Bathroom (7' 0" x 5' 1" (2.13m x 1.55m)) Double glazed window to rear. Bath and shower.
Low level WC. Wash hand basin. Heated towel rail. Vinyl flooring. Rear Garden South facing. Fenced in. Patio and lawn. Raised beds. Rear pedestrian access. Garage En bloc. To rear. Up and over door.
Parking to front of garage.
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
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FAQ
About 232, Mierscourt Road, Gillingham
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