# 2 bedroom end of terrace house for sale (ME7 1EU)

## Property Details

| Key | Value |
|-----|-------|
| Address | 50 OTWAY STREET, GILLINGHAM, MEDWAY ME7 1EU |
| Price | £210,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |
| Construction age | England and Wales: before 1900 |
| Floor area | 62 m² |
| Last sold | £180,000 Oct 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 28/05/2035
- **Current heating cost:** £953/year
- **Est. upgrade cost to C:** £26,800

### Recommendations
- A2 (£900 - £1,200)
- Q (£7,500 - £11,000)
- W1 (£5,000 - £10,000)
- U (£8,000 - £10,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8135-0425-4500-0521-2222)

## 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.

## Property Photos

- ![Front of the Property](/listings/photos/174392822/418691) - Front of the Property
- ![Living Room](/listings/photos/174392822/418692) - Living Room
- ![Living Room](/listings/photos/174392822/418693) - Living Room
- ![Dining Room](/listings/photos/174392822/418694) - Dining Room
- ![Dining Room](/listings/photos/174392822/418695) - Dining Room
- ![Kitchen](/listings/photos/174392822/418696) - Kitchen
- ![Utility Room](/listings/photos/174392822/418697) - Utility Room
- ![Bedroom](/listings/photos/174392822/418698) - Bedroom
- ![Bedroom](/listings/photos/174392822/418699) - Bedroom
- ![Bedroom](/listings/photos/174392822/418700) - Bedroom
- ![Bathroom](/listings/photos/174392822/418701) - Bathroom
- ![Bathroom](/listings/photos/174392822/418702) - Bathroom
- ![Garden](/listings/photos/174392822/418703) - Garden
- ![Garden](/listings/photos/174392822/418704) - Garden

## Floorplans

- ![Ground Floor](/listings/photos/174392822/418705) - Ground Floor
- ![First Floor](/listings/photos/174392822/418706) - First Floor
- ![Cellar](/listings/photos/174392822/418708) - Cellar
- ![Whole of the Property](/listings/photos/174392822/418710) - Whole of the Property

## EPC Graphs

- ![EPC 1](/listings/photos/174392822/418711) - EPC 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 50 OTWAY STREET, GILLINGHAM, MEDWAY, ME7 1EU | £180,000 | 31/10/2025 | Terraced |

## Sold Comparables

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

| 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)

## Price vs local average

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

- **Local average:** £252,279 (132 Terraced, ME7, 2024–2026)
- **Deviation:** -16.8%

## Rental Range

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

- **Low:** £1,112/mo
- **Realistic:** £1,236/mo
- **Optimistic:** £1,360/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £947/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 |
|------|------|------|------|------|
| 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: £1,233/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 0.6% (weak for cashflow)
- **Max investor price (0.8%):** £156,250
- **Target investor price (1%):** £125,000

*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 £1,250/mo).*

- **Gross yield:** 7.1%
- **Cost-to-rent:** 14×
- **Monthly cashflow:** £273/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5.4%

*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).*

## Price per Square Metre

- **£/m²:** £3,387/m²

## Capital growth trend

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

- **5y growth:** 0.6%
- **10y growth:** 29.9%

## House Price Index (HM Land Registry)

*Official index for Medway; Terraced series; as of June 2026.*

- **1y growth (index):** 1.8%
- **5y growth (index):** 14.1%
- **10y growth (index):** 36.3%

## 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)