# 3 bedroom semi-detached bungalow for sale (ME8 0NT)

## Property Details

| Key | Value |
|-----|-------|
| Address | 4 CARVORAN WAY, GILLINGHAM, MEDWAY ME8 0NT |
| Price | £400,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | D |
| Last sold | £400,000 Nov 2024 |

## Description

Properties in sought after roads in Wigmore are scarce and rarely available, so this is an opportunity to secure one for yourself. Internally you are welcomed into the porch which opens into a spacious hallway via a beautiful stained glass internal front door. The accommodation offers a shower room with storage under the sink, well-appointed kitchen with high level oven and gas hob, a rear porch/utility area, three good size bedrooms, one of which the current owners use as a dining room and a lounge with large sliding doors overlooking the garden. With gated side access, a garage/workshop this property truly comes into its own, with its beautiful west facing rear garden with its abundance of space, established plants and shrubs, making this a fantastic space for the green fingered and a great entertaining spot. With a generous plot this home lends itself for further development (subject to planning) due to the large front garden and driveway and could offer even more living space by building into the loft if you are looking for a family home that could grow with you over time. This will be popular so call Greyfox Sales & Lettings in Rainham to book your viewing today!

## Property Photos

- ![Photo](/listings/photos/145355717/337316)
- ![Photo](/listings/photos/145355717/337318)
- ![Photo](/listings/photos/145355717/337320)
- ![Photo](/listings/photos/145355717/337322)
- ![Photo](/listings/photos/145355717/337324)
- ![Photo](/listings/photos/145355717/337327)
- ![Photo](/listings/photos/145355717/337329)
- ![Photo](/listings/photos/145355717/337333)
- ![Photo](/listings/photos/145355717/337334)

## Floorplans

- ![Floorplan 1](/listings/photos/145355717/337337) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/145355717/337343) - EPC 1

## FENSA Certificates

This property has 3 FENSA certificate(s) on record.

### FENSA Certificate #4239526
- **Address:** 4 Carvoran Way, GILLINGHAM, ME8 0NT
- **Certificate Issued:** 20/11/2006
- **Work Completed:** 06/11/2006
- **Items:** 1 window(s)

### FENSA Certificate #3997406
- **Address:** 4 Carvoran Way, GILLINGHAM, ME8 0NT
- **Certificate Issued:** 28/08/2006
- **Work Completed:** 14/08/2006
- **Items:** 2 window(s), 1 door(s)

### FENSA Certificate #13547459
- **Address:** 4 Carvoran Way, GILLINGHAM, ME8 0NT
- **Certificate Issued:** 06/05/2019
- **Work Completed:** 26/04/2019
- **Items:** 3 window(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 4 CARVORAN WAY, GILLINGHAM, MEDWAY, ME8 0NT | £400,000 | 26/11/2024 | Semi-detached |
| 4 CARVORAN WAY, GILLINGHAM, MEDWAY, ME8 0NT | £295,000 | 06/11/2015 | Semi-detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 29 LAKEWOOD DRIVE, GILLINGHAM, MEDWAY, ME8 0NS | £360,000 | 18/03/2026 | Semi-detached |
| 24 LAKEWOOD DRIVE, GILLINGHAM, MEDWAY, ME8 0NS | £435,000 | 05/12/2025 | Semi-detached |
| 518 MAIDSTONE ROAD, GILLINGHAM, MEDWAY, ME8 0NW | £275,000 | 24/02/2025 | Semi-detached |
| 542 MAIDSTONE ROAD, GILLINGHAM, MEDWAY, ME8 0NW | £400,000 | 16/11/2023 | Semi-detached |
| 7 DREWERY DRIVE, GILLINGHAM, MEDWAY, ME8 0PD | £350,000 | 16/11/2023 | Semi-detached |
| 40 EDWARDS CLOSE, GILLINGHAM, MEDWAY, ME8 0PB | £440,000 | 24/10/2023 | Semi-detached |
| 435 MAIDSTONE ROAD, GILLINGHAM, MEDWAY, ME8 0HY | £482,000 | 06/09/2023 | Semi-detached |
| 49 LAKEWOOD DRIVE, GILLINGHAM, MEDWAY, ME8 0NS | £365,000 | 14/04/2023 | Semi-detached |
| 83 BREDHURST ROAD, GILLINGHAM, MEDWAY, ME8 0QT | £375,000 | 06/12/2022 | Semi-detached |
| 538 MAIDSTONE ROAD, GILLINGHAM, MEDWAY, ME8 0NW | £365,000 | 12/07/2022 | Semi-detached |
| 21 LAKEWOOD DRIVE, GILLINGHAM, MEDWAY, ME8 0NS | £475,000 | 04/03/2022 | Semi-detached |
| [Same street] 20 CARVORAN WAY, GILLINGHAM, MEDWAY, ME8 0NT | £365,000 | 28/02/2022 | Semi-detached |
| 5 BREDHURST ROAD, WIGMORE, GILLINGHAM, MEDWAY, ME8 0PF | £365,000 | 21/02/2022 | Semi-detached |
| 139 FAIRVIEW AVENUE, GILLINGHAM, MEDWAY, ME8 0QD | £470,000 | 16/12/2021 | Semi-detached |
| [Same street] 38 CARVORAN WAY, GILLINGHAM, MEDWAY, ME8 0NT | £385,000 | 09/09/2021 | Semi-detached |
| 27 DREWERY DRIVE, GILLINGHAM, MEDWAY, ME8 0NU | £365,000 | 29/06/2021 | Semi-detached |
| 31 EDWARDS CLOSE, GILLINGHAM, MEDWAY, ME8 0PB | £520,000 | 28/06/2021 | Semi-detached |
| 17 LAKEWOOD DRIVE, GILLINGHAM, MEDWAY, ME8 0NS | £442,500 | 28/06/2021 | Semi-detached |

**Street average:** £375,000 (2 sales)
**Area average:** £405,281 (16 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £356,318 (66 Semi-detached, ME8, 2024–2026)
- **Deviation:** +12.3%

## Rental Range

*ONS Price Index of Private Rents (Medway). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,114/mo
- **Realistic:** £1,238/mo
- **Optimistic:** £1,362/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Chelmsford (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,197/mo

## 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 |
|------|------|------|------|------|
| 3 Bed Flat, Maidstone Road, ME8 | £1,450/mo | 3 | 0.23 miles | OpenRent |
| 3 Bed Flat, Maidstone Road, ME8 | £1,450/mo | 3 | 0.23 miles | OpenRent |
| 3 Bed Terraced House, Lambes Court, ME8 | £1,500/mo | 3 | 0.27 miles | OpenRent |
| 3 Bed Semi-Detached House, Chalfont Drive, ME8 | £1,775/mo | 3 | 0.46 miles | OpenRent |
| 3 Bed Semi-Detached House, Mulberry Close, ME7 | £1,700/mo | 3 | 0.66 miles | OpenRent |
| 3 Bed Terraced House, Mierscourt Road, ME8 | £1,500/mo | 3 | 0.84 miles | OpenRent |

**Average rent: £1,563/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 0.38% (weak for cashflow)
- **Max investor price (0.8%):** £187,500
- **Target investor price (1%):** £150,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,500/mo).*

- **Gross yield:** 4.5%
- **Cost-to-rent:** 22.2×
- **Monthly cashflow:** £-250/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -2.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Capital growth trend

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

- **5y growth:** 7.3%
- **10y growth:** 29%

## House Price Index (HM Land Registry)

*Official index for Medway; Semi-detached series; as of March 2026.*

- **1y growth (index):** 1.5%
- **5y growth (index):** 18%
- **10y growth (index):** 46.3%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)