For sale End of terrace

50 OTWAY STREET

GILLINGHAM, MEDWAY ME7 1EU

2 beds 1 baths 667 sq ft Listed 13 Apr 2026 (-153d)

£210,000

Offers Over

Reduced on 9 Jul 2026 · Was £225,000

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Front of the Property

Front of the Property Living Room Living Room Dining Room Dining Room Kitchen Utility Room Bedroom Bedroom Bedroom Bathroom Bathroom Garden Garden

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Property details

Tenure

FREEHOLD

Floor area

62 m²

Council tax band

B

EPC rating

D

Year built

England and Wales: before 1900

Last sold

£180,000 Oct 2025

Price per m²

£3,387/m²

Local average

£252,279 (-16.8%)

Deprivation

Decile 2 (6,597 of 33,755)

Street crime

601 incidents within 1 mile (Jul 2026)

Key features

  • NO ONWARD CHAIN
  • 2 BED PERIOD END-OF-TERRACE
  • CLOSE TO HIGH-SPEED TRAIN LINKS TO LONDON
  • TWO RECEPTION ROOMS WITH CELLAR STORAGE
  • PRIVATE GARDEN WITH SHED. IDEAL INVESTMENT OR FIRST-TIME BUY.

Additional details

Garden
Yes

Description

This two-bedroom period end-of-terrace home is ideally located on Otway Street in Gillingham and is offered to the market with no onward chain, making it an excellent opportunity for first-time buyers, downsizers, or investors.
The property is conveniently situated within very close proximity to the high-speed rail links into London, as well as Gillingham High Street and town centre, providing easy access to a wide range of shops, amenities, and transport connections. It is also ideally positioned near Medway University and the local hospital.
Internally, the home offers well-proportioned accommodation throughout, comprising a bright living room, separate dining room, and stairs leading down to a useful double cellar space, ideal for additional storage. To the rear, there is a fitted kitchen, utility room, and family bathroom.
Upstairs, the property benefits from two generous double bedrooms.
Externally, there is a private rear garden complete with a storage shed.
Offered with no onward chain, this is a fantastic opportunity to acquire a well-presented home in a convenient and sought-after location.

Listed by

Covering Strood & Walderslade

The Property Franchise Group

Reference: 174392822

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 29/05/2025

Expiry date: 28/05/2035

Current heating cost: £953/year

Potential heating cost: £582/year

Est. upgrade cost to C: £26,800

Recommendations

  • Flat roof or sloping ceiling insulation (£900 - £1,200)
  • 50 mm internal or external wall insulation (£7,500 - £11,000)
  • Floor insulation (suspended floor) (£5,000 - £10,000)
  • Solar photovoltaic panels, 2.5 kWp (£8,000 - £10,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Plot: ~84 m² (0.02 acres)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Ground Floor

Ground Floor

First Floor

First Floor

Cellar

Cellar

Whole of the Property

Whole of the Property

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Listed for sale — £210,000 +16.7%
Sold 31/10/2025 (10 months ago) £180,000 —

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
16 CORNWALL ROAD, GILLINGHAM, MEDWAY, ME7 1LP £185,000 12/01/2026 Terraced
16 CORNWALL ROAD, GILLINGHAM, MEDWAY, ME7 1LP £185,000 12/01/2026 Terraced
1 GARFIELD ROAD, GILLINGHAM, MEDWAY, ME7 1QB £213,000 27/11/2025 Terraced
18 GARFIELD ROAD, GILLINGHAM, MEDWAY, ME7 1QB £285,000 21/11/2025 Terraced
13B RICHMOND ROAD, GILLINGHAM, MEDWAY, ME7 1LL £133,000 14/11/2025 Terraced
7 DEVONSHIRE ROAD, GILLINGHAM, MEDWAY, ME7 1LT £248,000 14/11/2025 Terraced
74 BURNT OAK TERRACE, GILLINGHAM, MEDWAY, ME7 1DR £240,000 24/06/2025 Terraced
33 WEST STREET, GILLINGHAM, MEDWAY, ME7 1EE £208,000 17/04/2025 Terraced
54 EAST STREET, GILLINGHAM, MEDWAY, ME7 1EH £208,000 16/01/2025 Terraced
21 KING STREET, GILLINGHAM, MEDWAY, ME7 1EP £234,000 04/12/2023 Terraced
27 MACDONALD ROAD, GILLINGHAM, MEDWAY, ME7 1QG £212,500 27/11/2023 Terraced
74 KINGSWOOD ROAD, GILLINGHAM, MEDWAY, ME7 1DX £231,500 16/11/2023 Terraced
72 KINGSWOOD ROAD, GILLINGHAM, MEDWAY, ME7 1DX £207,000 31/10/2023 Terraced
99 GARDINER STREET, GILLINGHAM, MEDWAY, ME7 1DN £180,000 06/10/2023 Terraced
90 RICHMOND ROAD, GILLINGHAM, MEDWAY, ME7 1LR £230,000 29/09/2023 Terraced
15 WEST STREET, GILLINGHAM, MEDWAY, ME7 1EE £230,000 25/09/2023 Terraced
57 RICHMOND ROAD, GILLINGHAM, MEDWAY, ME7 1LN £258,000 21/09/2023 Terraced
26 EAST STREET, GILLINGHAM, MEDWAY, ME7 1EH £230,000 01/09/2023 Terraced
5 BURNT OAK TERRACE, GILLINGHAM, MEDWAY, ME7 1DP £215,000 31/08/2023 Terraced
29 GARFIELD ROAD, GILLINGHAM, MEDWAY, ME7 1QB £220,000 28/07/2023 Terraced
Same street 34 OTWAY STREET, GILLINGHAM, MEDWAY, ME7 1EU £150,000 02/09/2022 Terraced
Same street 15 OTWAY STREET, GILLINGHAM, MEDWAY, ME7 1EU £166,001 22/02/2022 Terraced
Same street 19 OTWAY STREET, GILLINGHAM, MEDWAY, ME7 1EU £270,000 26/11/2021 Terraced

Street average: £195,334 (3 sales)

Area average: £217,650 (20 sales)

Capital growth trend

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

5y growth 0.4%
10y growth 30.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Medway. Series: Terraced. As of June 2026.

1y (index) 1.8%
5y (index) 14.1%
10y (index) 36.3%

Rental Range

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

Low £1,112/mo
Realistic £1,236/mo
Optimistic £1,360/mo

Based on Local Authority from postcode lookup → Medway.

LHA (30th percentile) floor for Chelmsford: £947/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View ME7 1EU

Nearby

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

Type Name Distance
Shop Kings Store 0.1 miles
Bus stop Chatsworth Road 0.1 miles
Bus stop Cross Street 0.1 miles
Shop Unit 11 0.2 miles
Train station Gillingham 0.3 miles
Train station Fort Apache 0.7 miles
University UCA Maidstone Studios 7.7 miles
Hospital The Somerfield Hospital 8.1 miles
University University for the Creative Arts, Maidstone TV Studios 8.5 miles

Street-level crime

Category Count
Violence and sexual offences 223
Anti-social behaviour 170
Criminal damage and arson 41
Other theft 36
Public order 27
Other crime 19
Shoplifting 19
Drugs 16
Vehicle crime 14
Burglary 12
Theft from the person 9
Robbery 7
Bicycle theft 5
Possession of weapons 3
Total incidents 601

Within 1 mile during Jul 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
Burnt Oak Primary School Primary 0.2 miles Good — 12 Jul 2022
Oasis Academy Skinner Street Primary 0.2 miles Good — 17 Nov 2021
St Mary's Catholic Primary School Primary 0.3 miles Good — 18 Jun 2023
Saxon Way Primary School Primary 0.4 miles Good — 6 Jul 2016
Rivermead School Other 0.4 miles Good — 10 Oct 2014

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 Terraced House, East Street, ME7 £1,300/mo 2 0.06 miles OpenRent
2 Bed Terraced House, James St, ME7 £1,400/mo 2 0.14 miles OpenRent
2 Bed Flat, The Southern Belle, ME7 £1,100/mo 2 0.27 miles OpenRent
2 Bed Terraced House, Charter Street, ME7 £1,200/mo 2 0.29 miles OpenRent
2 Bed Terraced House, Fox St, ME7 £1,250/mo 2 0.3 miles OpenRent
2 Bed Terraced House, Fox St, ME7 £1,250/mo 2 0.31 miles OpenRent

Average rent: £1,250/mo (6 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.6%
Max investor price (0.8%) £156,250
Target investor price (1%) £125,000
Gross yield 7.1%
Cost-to-rent ratio 14×
Monthly cashflow £273/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 5.4%
  • 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).