1-bedroom flat · ME13 8HY
For saleListed 308 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Sold to residents over the age of 55 only, this spacious and well maintained, first floor apartment is set in a sought after location on the edge of Faversham.
The home is moments walk away from local amenities and train station. Providing lounge dining room, kitchen, double bedroom and bathroom.
Description This is a very well-presented first floor retirement apartment in a great location for the town centre and mainline station in a development specifically for the over 55's.
The apartment provides a bright and airy living space in the spacious lounge dining room and generous fitted kitchen area with fitted units and plenty of work surfaces.
There is a double bedroom and a bathroom with matching suite of bath with shower over, WC and wash hand basin.
The property is a purpose built block in a quiet road within walking distance of Faversham town centre, local newsagents and Tesco superstore moments away.
Faversham's main line train station provides regular high speed services to London and the M2 is also nearby with access to Canterbury, Ashford and London.
** see agent's note below* Communal Entrace Entrance Hall Bathroom Bedroom One 10' 5" x 10' 5" ( 3.17m x 3.17m ) Lounge / Dining Room 14' x 13' 7" ( 4.27m x 4.14m ) Kitchen 6' 10" x 13' 6" ( 2.08m x 4.11m ) Outside Communal gardens with a seating area.
Resident's parking. Agent's Note The terms of the lease are 99 years from 1986 which means there are currently 60 years remaining.
The length of lease remaining may impact on mortgage lending requirements.
Interested parties should make further enquiries We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 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.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 14, Park Court, Abbey Fields, Faversham
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