3-bedroom terraced house · ME8 9SN
Sold STCListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A chain-free three-bedroom home tucked away in a quiet no-through road, offering excellent value for first-time buyers, families and investors, with an estimated yield of around 6.5%.
Set within a quiet and convenient position in Walsingham Close, this chain-free three-bedroom home offers a brilliant opportunity for buyers wanting space, practicality and location, without taking on the premium price tag often associated with the wider Hempstead and Rainham area.
For first-time buyers, this is a home that offers proper room sizes, a manageable garden and the convenience of being close to everyday amenities.
For investors, the property also makes a very sensible buy-to-let option, with an estimated rental yield in the region of 6.5%, subject to final purchase price and rental figure.
The setting is one of the real advantages. Walsingham Close is a quiet no-through road, giving the property a more tucked-away feel, while still being incredibly well connected.
There is ample on-street parking nearby, local bus routes are within easy reach, and the home is well placed for a number of local primary and junior schools, making it a practical choice for families.
Hempstead Valley Shopping Centre is also close by, offering a wide range of shops, cafés, restaurants, supermarkets and everyday facilities, while Junction 4 of the M2 is easily accessible for those needing road links towards London, the coast or the wider Medway towns.
Inside, the accommodation is well laid out and offers more space than many buyers may expect.
The entrance porch provides a useful first impression, complete with a storage cupboard for coats, shoes and everyday items.
From here, the ground floor flows into a dining room, creating a separate space for family meals or entertaining.
The kitchen is a good-sized galley kitchen, offering plenty of practicality, while the lounge is a standout feature.
Measuring approximately 15ft, it is a generous room with direct access out to the rear garden, giving the home a lovely connection between indoor and outdoor living.
Upstairs, the spacious landing includes two very large storage cupboards, which is a major bonus for family life or rental practicality.
There are two double bedrooms, plus a good-sized single bedroom measuring approximately 6ft x 11ft, making it a useful third bedroom, nursery, dressing room or home office.
The family bathroom has been refitted within the last couple of years and provides a modern, fresh finish, adding to the overall appeal for buyers wanting a home they can move into and enjoy.
Outside, the rear garden has been designed to be easily manageable and low maintenance, with artificial lawn, patio space and rear access.
It is ideal for buyers who want usable outside space without the upkeep of a larger garden.
This is a home that should appeal to a wide range of buyers: first-time buyers wanting to get onto the ladder, families needing school and transport convenience, and investors looking for a strong rental location with sensible yield potential.
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

FAQ
About Walsingham Close, Parkwood, Gillingham, Kent, ME8 9SN
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