Modern Method of Auction
Auction date not yet published
3-bedroom terraced house · DA12 5LE
Sold STCReduced £10k (−4.5%) on 18 SepListed 40 days
Opportunity summary
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About
High Potential 3-Bedroom Home – Chain Free – Huge Scope for Modernisation & Extension | Elm Road, Gravesend For Sale by the modern method of auction guide price £240,000 A fantastic opportunity for first-time buyers, investors or those looking for a project, this three-bedroom home on Elm Road, Gravesend is offered chain free and provides huge potential to create an ideal family home.
Whilst the property is now in need of modernisation, it offers excellent scope for improvement, with a good-size rear garden, generous front garden with potential to create off-road parking (STPP) and exciting potential for extension, subject to the necessary planning permissions.
The Property The ground floor currently comprises an entrance porch and hall, a good-sized living room measuring approximately 4.07m x 3.05m , together with a separate kitchen and downstairs WC.
Upstairs are three bedrooms and a family bathroom.
The principal bedroom is particularly well proportioned at approximately 4.49m x 3.45m , while bedrooms two and three provide useful additional accommodation.
The property would benefit from a programme of modernisation, but this presents an exciting opportunity for a purchaser to put their own stamp on the home and potentially add considerable value.
A particular attraction is the good-size rear garden , while the generous front garden could potentially be converted to provide off-road parking , subject to the necessary permissions and consents.
There is also high potential for extension , making this an excellent option for someone looking to create a larger family home over time.
Additional Benefits Chain Free Three-bedroom home High potential for extension (STPP) Huge scope for modernisation and improvement Good-size rear garden Large front garden with potential for off-road parking (STPP) Ground-floor WC Electric heating Excellent opportunity for first-time buyers or investors Popular residential location Approx.
720 sq.ft. / 66.9 sq.m.
Easy access to A2, M2 & M25 Local Area Shopping & Leisure The property is conveniently located for Gravesend town centre, offering a range of high street shops, cafés, restaurants and leisure facilities.
Bluewater Shopping Centre is also just a short drive away , providing a fantastic choice of shopping, restaurants and entertainment.
Parks, Walks & Nature There are numerous parks and open spaces within easy reach, with Jeskyns Community Woodland and Shorne Woods Country Park both offering excellent opportunities for walking, cycling and enjoying the outdoors.
Schools The area is well served by a selection of schools, with local options including Gravesend Grammar School and Mayfield Grammar School , together with a range of primary and secondary schools nearby.
Transport For commuters, Gravesend Station is easily accessible and provides High Speed rail services into London , making the property particularly appealing to those travelling into the capital.
Road connections are also excellent, with easy access to the A2, M2 and M25 , providing convenient links across Kent and towards London and the wider motorway network.
Key Facts 3 bedrooms Tenure: Freehold EPC Rating: tbc Council Tax: Band C Total floor area: approx.
66.9 m2 (720 sq.ft.) Electric heating Chain Free High potential for extension Large front garden with potential for driveway (STPP) Good-size rear garden Huge scope for modernisation 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.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact.
All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
Please inform us if you become aware of any information being inaccurate.
Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement.
We use a specialist third party service together with an in-house compliance team to verify your information.
The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 advisors 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.
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FAQ
About 30, Elm Road, Gravesend
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