Sold Bungalow

Bay Road

Gillingham, SP8 4EW

2 beds Listed 6 Mar 2014 (-4482d)

£155,000

Offers in Excess of

Reduced on 15 Aug 2014

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Property details

Tenure

LEASEHOLD

Last sold

£160,000

Local average

£429,547 (-63.9%)

Deprivation

Decile 4 (13,449 of 33,755)

Street crime

35 incidents within 1 mile (Apr 2026)

Key features

  • Vacant Possession
  • Bungalow
  • Two Bedrooms
  • Private Garden
  • Energy Rating: C

Additional details

Parking
Yes
Garden
Yes

Description

SUMMARY
*VACANT POSSESSION* A rare opportunity to acquire a well presented lodge set in the grounds of the sought after Malt House benefiting from pleasant rural views and 24 hour call bell facility. The accommodation offers two bedrooms and its own private garden and has an over 55's age restriction.


DESCRIPTION
.

Entrance Hall 
Solid wood door from communal hallway, radiator, airing cupboard housing central heating boiler, loft access, wood effect flooring.

Living Room 12' 9" x 12' 7" ( 3.89m x 3.84m )
Double glazed window to rear, double glazed patio doors leading to rear garden, two radiators, telephone point, coved ceiling,

Kitchen 14' 2" x 5' 4" ( 4.32m x 1.63m )
Fitted kitchen comprising a range of wall and base units, rolled edge work surfaces incorporating a 1� bowl stainless steel sink/drainer, tiling to splash prone areas, integrated electric oven with inset electric hob and cookerhood, integral washing machine, space for fridge/freezer, coved ceiling, wood effect flooring.

Bedroom One 11' 8" x 11' 4" ( 3.56m x 3.45m )
Double glazed window to rear, radiator, television and telephone points, wood effect flooring.

Bedroom Two 9' 6" x 8' 10" ( 2.90m x 2.69m )
Double glazed window to rear, radiator, television and telephone points, wood effect flooring.

Bathroom 
Double glazed frosted window to rear, shower cubicle, pedestal wash hand basin, low level wc, tiling to splash prone areas, extractor fan, radiator, coved ceiling, wood effect flooring.

Outside 


Parking 
Large car park.

Rear Garden 
Enclosed by panel fencing, laid to lawn.

Agents Note 
A Menu of Care package is available including domestic services, meals, handyman and care given by fully trained care assistants.



1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Listed by

Gillingham

Connells

Reference: 29527017

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
BAY COTTAGE, BAY ROAD, GILLINGHAM, GILLINGHAM 69 84 152 m² England and Wales: before 1900 Detached
Broadlands, Bay Road, GILLINGHAM 52 73 148 m² England and Wales: 1967-1975 Detached
Broadlands, Bay Road, GILLINGHAM 56 98 141 m² England and Wales: 1976-1982 Detached
Elmcroft, Bay Road, GILLINGHAM 79 90 328 m² England and Wales: 2003-2006 Detached
Elmcroft, Bay Road, GILLINGHAM 81 85 322 m² England and Wales: 2007-2011 Detached
Hill Mead, Bay Road, GILLINGHAM 66 79 89 m² Detached
Lodge 1, Malt House, Bay Road, GILLINGHAM 84 87 67 m² England and Wales: 1996-2002 Terraced
Lodge 2 Malt House, Bay Road, GILLINGHAM 74 77 57 m² England and Wales: 1983-1990 Flat
Lodge 3, Malt House, Bay Road, GILLINGHAM 71 73 56 m² England and Wales: 1991-1995 Flat
Lodge 4, The Malt House, Bay Road, GILLINGHAM 74 76 67 m² England and Wales: 1996-2002 Flat
Lodge 5, Malt House, Bay Road, GILLINGHAM 74 89 67 m² England and Wales: 1983-1990 Detached
Primrose Cottage, Bay Road, GILLINGHAM 53 85 118 m² England and Wales: before 1900 Detached
Riverside Cottage, Bay Road, GILLINGHAM 58 80 168 m² England and Wales: before 1900 Detached
Stable 1 Malt House, Bay Road, GILLINGHAM 64 76 34 m² England and Wales: before 1900 Flat
Stable 1, Malt House, Bay Road, GILLINGHAM 69 76 31 m² England and Wales: 1900-1929 Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

Price history

3% since 2002

Event Date Price % change
Sold 01/01/2020 (6 years ago) £160,000 -25.6%
Sold 01/01/2016 (10 years ago) £215,000 +38.7%
Sold 01/01/2002 (24 years ago) £155,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street BAY COTTAGE BAY ROAD, GILLINGHAM, DORSET, SP8 4EW £405,000 22/11/2024 Detached
8 SHREEN CLOSE, GILLINGHAM, DORSET, SP8 4EN £290,000 21/12/2023 Detached
42 SHREEN WAY, GILLINGHAM, DORSET, SP8 4EL £423,000 01/12/2023 Detached
Same street PRIMROSE COTTAGE BAY ROAD, GILLINGHAM, DORSET, SP8 4EW £355,000 27/11/2023 Detached
Same street RIVERSIDE COTTAGE BAY ROAD, GILLINGHAM, DORSET, SP8 4EW £504,000 04/10/2023 Detached
Same street MALT HOUSE RESIDENTIAL HOME BAY ROAD, GILLINGHAM, DORSET, SP8 4EW £7,563,408 29/03/2023 Other
Same street BROADLANDS BAY ROAD, GILLINGHAM, DORSET, SP8 4EW £7,563,408 29/03/2023 Other
69 SHREEN WAY, GILLINGHAM, DORSET, SP8 4EL £330,000 15/12/2022 Detached
HAIR COBBLE COTTAGE BAY LANE, GILLINGHAM, DORSET, SP8 4ER £780,000 25/10/2022 Detached
1 SYLVAN CLOSE, GILLINGHAM, DORSET, SP8 4EJ £350,000 21/10/2022 Detached
75 SHREEN WAY, GILLINGHAM, DORSET, SP8 4EL £327,000 16/09/2022 Detached
Same street MALT HOUSE LODGE 3 BAY ROAD, GILLINGHAM, DORSET, SP8 4EW £168,500 22/06/2022 Terraced
32 SHREEN WAY, GILLINGHAM, DORSET, SP8 4EL £400,000 20/06/2022 Detached
71 SHREEN WAY, GILLINGHAM, DORSET, SP8 4EL £290,000 13/05/2022 Detached
Same street THE MALTHOUSE LODGE 4 BAY ROAD, GILLINGHAM, DORSET, SP8 4EW £164,000 07/03/2022 Flat
BAYRIDGE FARM 6 BAY ROAD, GILLINGHAM, DORSET, SP8 4EP £525,000 15/02/2022 Detached
31 BAYFIELDS, GILLINGHAM, DORSET, SP8 4AE £435,000 14/12/2021 Detached
Same street BAY COTTAGE BAY ROAD, GILLINGHAM, DORSET, SP8 4EW £390,000 10/12/2021 Detached
BAY RIDGE BAY ROAD, GILLINGHAM, DORSET, SP8 4EP £375,000 14/09/2021 Detached
4 SHREEN CLOSE, GILLINGHAM, DORSET, SP8 4EN £300,000 13/08/2021 Detached
BANISTERS BAY LANE, GILLINGHAM, DORSET, SP8 4ER £550,000 30/06/2021 Detached
BAYRIDGE FARM 3 BAY ROAD, GILLINGHAM, DORSET, SP8 4EP £542,000 29/06/2021 Detached
BAYRIDGE FARM 2 BAY ROAD, GILLINGHAM, DORSET, SP8 4EP £547,500 29/06/2021 Detached
GRACE COTTAGE BAY LANE, GILLINGHAM, DORSET, SP8 4ER £345,000 15/06/2021 Detached

Street average: £2,139,165 (8 sales)

Area average: £425,594 (16 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 31.6%
10y growth 85.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Dorset. Series: Detached. As of March 2026.

1y (index) -0.5%
5y (index) 12.8%
10y (index) 30.7%

Rental Range

Estimated market rent for Dorset. Low = conservative, Realistic = average, Optimistic = best case.

Low £935/mo
Realistic £1,039/mo
Optimistic £1,143/mo

Based on Local Authority from postcode lookup → Dorset.

Location

Address

Bay Road

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Co-op Food 0.3 miles
Shop Unknown 0.3 miles
Train station Gillingham 0.6 miles
Bus stop Gillingham Station 0.6 miles
Hospital Westminster Memorial Hospital 4.0 miles
Bus stop The Town Hall 4.0 miles
Hospital Wincanton Community Hospital 6.6 miles
Train station Common Lane 6.7 miles

Street-level crime

Category Count
Violence and sexual offences 14
Anti-social behaviour 7
Criminal damage and arson 4
Burglary 3
Vehicle crime 2
Drugs 1
Other crime 1
Other theft 1
Public order 1
Shoplifting 1
Total incidents 35

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Gillingham School Secondary 0.3 miles Good — 4 Jul 2023
Gillingham Primary School Primary 0.3 miles Requires improvement — 25 Nov 2018
Wyke Primary School Primary 0.9 miles Requires improvement — 10 Jul 2022
St Mary the Virgin Church of England Primary School Primary 1.0 miles Good — 9 Nov 2017
Milton-on-Stour Church of England Primary School Primary 1.3 miles Good — 21 Sep 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Churchbury House, SP8 £995/mo 2 0.35 miles OpenRent
2 Bed Maisonette, Churchbury House, SP8 £1,100/mo 2 0.35 miles OpenRent
2 Bed Flat, Queen Street, SP8 £1,150/mo 2 0.35 miles OpenRent
2 Bed Terraced House, Ridgeway Road, SP8 £1,200/mo 2 0.58 miles OpenRent
2 Bed Terraced House, The Meadows, SP8 £950/mo 2 0.71 miles OpenRent
2 Bed Bungalow, Hilmar Drive, SP8 £1,040/mo 2 0.74 miles OpenRent
2 Bed Flat, Otter Springs, SP8 £735/mo 2 0.81 miles OpenRent

Average rent: £1,024/mo (7 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.67%
Max investor price (0.8%) £130,000
Target investor price (1%) £104,000
Gross yield 8.1%
Cost-to-rent ratio 12.4×
Monthly cashflow £301/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 8%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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