Location Spotlight: Gillingham, Medway, Kent
As a dedicated property sourcer based in Medway, I’m here to highlight the investment potential in Gillingham and how our expert services can guide you to make the most of this opportunity.
Why Gillingham?
• Gillingham offers a diverse range of property styles, from Victorian and Edwardian terraces to modern penthouses and Georgian splendour
• The area boasts a robust average property sale price of £251,173 and an average rental price of £1,059 per calendar month
• The town’s rich history, thriving market days, and strong community vibe, combined with modern amenities, make it highly attractive to a wide tenant base.
Location and Connectivity:
• Exceptional transport links with trains reaching the city of London within an hour, including access to the high-speed service to St Pancras.
• Proximity to Capstone Farm Country Park, an Area of Outstanding Natural Beauty, enhances the living experience, attracting more residents.
• The Royal Engineers Museum is in Gillingham and is Kent’s only designated museum of national importance.
• Home to Hempstead Valley Shopping Centre with a selection of High Street Retailers
Market Dynamics:
• The fast-paced rental market, driven by demand from students and professionals due to nearby educational and healthcare institutions, ensures a continuous pool of tenants.
• According to Zoopla the different property types average sold prices over the last 12 months were: Detached £445,217, Semi-detached £325,382, Terraced £253,298 and Flats £187,726. Across the board these property types are 34% cheaper than the same properties in London. Gillingham offers a more affordable entry point into the property market. View average prices for Gillingham and London on these sites:
https://www.zoopla.co.uk/house-prices/kent/gillingham/
https://www.zoopla.co.uk/house-prices/london/
Why Use Our Sourcing Services?
• With in-depth local knowledge, we navigate the complexities of the market to find the best deals tailored to your investment goals.
• Our deal reports provide 40+ data points which gives an accurate assessment of the correct value of the properties that we source
• We offer a comprehensive service from sourcing to acquisition, ensuring a hassle-free process for both new and seasoned investors
Are you interested in the Gillingham Property Market? Book an appointment with me for a chat!