3-bedroom house · ME8 8NE
Sold STCReduced £25k (−9.1%) on 25 SepListed 132 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary This well maintained chain free, three bedroom home is ideally situated in a sought-after residential area, offering the perfect balance of comfort, convenience, and practicality.
Description *No Chain* This well maintained and generously proportioned three bedroom home is ideally situated in a sought-after residential area, offering the perfect balance of comfort, convenience, and practicality.
The property features a bright and spacious living room, ideal for relaxing or entertaining, along with a well appointed kitchen offering ample storage and workspace.
Upstairs, there are three good-sized bedrooms, suitable for families, professionals, or those needing extra space for a home office.
A modern family bathroom is complemented by the added benefit of a convenient ground floor WC.
Externally, the property benefits from a private garage and additional parking options, providing excellent storage and security.
Located within close proximity to highly regarded schools, the home is perfect for families.
A wide range of local amenities including supermarkets, cafes, and leisure facilities are just a short distance away, along with excellent transport links offering easy access to surrounding areas and the city centre.
This property presents an excellent opportunity for buyers or tenants seeking a well-located, functional, and comfortable home. Early viewing is strongly recommended.
Lounge/Diner 23' 2" x 10' 3" ( 7.06m x 3.12m ) Kitchen 9' 5" x 8' 5" ( 2.87m x 2.57m ) Bedroom One 9' 5" x 7' 2" ( 2.87m x 2.18m ) Bedroom Two 11' 7" x 10' 5" ( 3.53m x 3.17m ) Bedroom Three 11' 3" x 8' 9" ( 3.43m x 2.67m ) 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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.
Area
Agent & docs
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FAQ
About 71, Otterham Quay Lane, Gillingham
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