65, Canterbury Street, GILLINGHAM, Kent, ME7 5TR

Description

Freehold three-story terrace house Requires modernisation and updating Full vacant possession Location: The property is situated on Canterbury Street. Public transport links include Gillingham mainline rail station together a network of local bus services serving the surrounding vicinity. Road links including the M2. Shopping amenities can be found locally with an extensive range of shops, bars and restaurants being found in Maidstone to the south. Recreational pursuits can be found locally at the open spaces of Capstone Farm County Park. Accommodation: First floor: Two bedrooms Ground floor: Two reception rooms, kitchen, bathroom/WC Lower ground floor: One room with natural light Outside: Rear garden EPC Rating: D Council Tax Band: B To view: 27/8, 29/8, 2/7, 5/9 at 10am No booking required – Please arrive at the time stated

Location

The property is situated on Canterbury Street. Public transport links include Gillingham mainline rail station together a network of local bus services serving the surrounding vicinity. Road links including the M2. Shopping amenities can be found locally with an extensive range of shops, bars and restaurants being found in Maidstone to the south. Recreational pursuits can be found locally at the open spaces of Capstone Farm County Park. Accommodation: First floor: Two bedrooms Ground floor: Two reception rooms, kitchen, bathroom/WC Lower ground floor: One room with natural light Outside: Rear garden

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £15,000–£25,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

Recommendation

Preferred strategy: Refurbishment & Resale. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Flip: ★★★★☆

BRRR: ★★★☆☆

Buy-to-Let: ★★★☆☆