17 Regent Road, Gillingham, Kent, ME7 5JE

Description

A Vacant Three Bedroom Mid Terrace House in Need of Refurbishment.

Accommodation

Ground Floor: Two Reception Rooms, Kitchen, Utility Room. First Floor: Three Bedrooms, Bathroom. Exterior: Rear garden.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Gillingham Park are within easy reach. Transport links are provided by Rochester rail station.

Tenure / Property Information

Investment Analysis

Same-road completed sales range from £190,000 to £260,000, with the latest supplied sale at £240,000 on 24 October 2025. The five-sale average is £228,300. Given the subject is a vacant three-bedroom terrace requiring refurbishment and the comparables' condition is not supplied, a supported scenario range is £225,000–£260,000, with £240,000 used as the base GDV estimate.

Investment Snapshot

Strategy Recommendation

Proceed only conditionally: obtain the legal pack, survey and refurbishment quotations first. The apparent guide-to-GDV spread may support a refurbishment-led flip or BRRR strategy, but the missing works budget prevents a reliable bid or return calculation.

Works Required

Refurbishment is required, but the evidence does not specify the scope. Obtain a survey and contractor quotations covering the two reception rooms, kitchen, utility room, bathroom, three bedrooms, services and external areas before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At a £240,000 base GDV, 75% refinance is £180,000. The potential refinance position is attractive relative to the £160,000 guide, but refurbishment costs, purchase costs and finance costs are unavailable, so cash left in and overall BRRR viability cannot be calculated.

Buy-to-Let Analysis

Advertised three-bedroom rental evidence ranges from £800 to £1,750 pcm and is not achieved or property-specific rent. At the £160,000 guide, this implies an indicative gross yield range of 6.0%–13.1% before voids, management, maintenance, finance and other costs. A reliable BTL appraisal cannot be established without a confirmed market rent and refurbishment budget.

Flip Analysis

The supplied same-road sales support a £225,000–£260,000 GDV scenario range, with £240,000 as the base case. A flip surplus cannot be calculated because the refurbishment scope, works cost, purchase costs beyond the £1,800 admin charge and selling allowance are not sufficiently evidenced.

Investor Risks & Due Diligence

• Refurbishment is confirmed but its scope and cost are unknown.

• The rental evidence consists of advertised asking rents, is widely ranged and is not specific to the property.

• Additional legal-pack disbursements, search fees, seller-cost reimbursement, legal fees or transfer fees may be payable.

• No EPC, council tax, parking or heating information is supplied.

• Comparable property condition and specification are not supplied, limiting GDV certainty.

Recommendation

Proceed only conditionally: obtain the legal pack, survey and refurbishment quotations first. The apparent guide-to-GDV spread may support a refurbishment-led flip or BRRR strategy, but the missing works budget prevents a reliable bid or return calculation.

Strategy Rating

Analysis Confidence

Same-road completed sales and basic accommodation details are available, but refurbishment costs, property condition, achieved rent, EPC, operating costs and full auction disbursements are not supplied.