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See how verdicts work3-bedroom house · ME13 8NU
For saleReduced £20k (−5.1%) on 14 AugListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Maisonette-1st Floor Kitchen/Diner l Living room l Bathroom Bedroom 1 2nd Floor Bedrooms two & Three l Toilet l Loft storage Ground Floor Shop Two defined retail areas l Kitchen l Toilet Two basement rooms The property includes a spacious and well-proportioned three-bedroom maisonette, arranged over the first and second floors, benefitting from its own independent access via a private rear lobby and currently accessed from lockable stairs in the shop.
The first-floor accommodation comprises a comfortable living room, a well-proportioned bedroom, a family bathroom, and a spacious kitchen.
Situated to the rear, the kitchen is fitted with stylish white shaker-style doors and contrasting work surfaces, offering ample space for a generous dining table and chairs.
The characterful living room features a stunning brick exposed fireplace and beamed ceiling. The bathroom features a shower cubicle, basin and toilet.
The well-proportioned bedroom to the front features a beamed ceiling and open fire.
Stairs from the central landing lead up to the 2nd floor, which benefits from two further double bedrooms, a toilet and large loft space. Prime Retail Premises with Independent Basement.
An excellent opportunity to secure a prominent retail shop and 3 bed maisonette, offering 569 sq ft of versatile ground floor trading space.
The property features a dedicated kitchen area and benefits from two basement rooms, complete with its own independent access.
There is also a fantastic, attractive rear garden measuring approximately 58ft x 14ft.
Complete with its own rear access, this external space offers incredible potential for customer seating, outdoor displays, or premium staff space.
Outside & Location To the rear, there is an attractive garden measuring 58ft x 14ft, featuring mature shrubs/trees. To the rear of the garden there is a parking area.
The property is located in the prime retail location of Preston Street, with high foot flow.
Nestled in the heart of Kent, Faversham is a vibrant and characterful historic market town, rich in heritage and renowned for its picturesque cobbled streets and striking period architecture.
At its heart lies a thriving community, celebrated for its traditional markets, independent shops, welcoming eateries, and lively pub and music scene - all contributing to a warm and dynamic atmosphere.
Education is a key strength of the town, with highly regarded schools including Queen Elizabeth's Grammar School.
Cultural and recreational opportunities are abundant, including a theatre, both indoor and open-air swimming pools, and expansive green spaces such as the recreation ground.
The surrounding countryside, stunning Kent coastline, and the nearby city of Canterbury are all within easy reach.
With its unique combination of history, community spirit, excellent amenities, and superb transport links, Faversham offers an exceptional quality of life-a town where heritage meets opportunity and where tradition and vitality thrive side by side.
Additional Important information Title: Freehold Council Tax for flat: Band A Shop rateable value: £9600 pa The following information has been confirmed by our client and we have not verified this information-please ensure that you verify this information before proceeding with a purchase.
Our vendor has supplied the property construction information to the best of their knowledge, but they are not surveyors and we recommend that any purchaser carries out a survey to confirm this information.
Property Construction Non conventional-Timber/brick framed with render.
Tiled roof Sewerage - Mains Waste Electricity Supply- No other supply other than mains electric Water Supply - No other supply other than mains water Heating - Electric wall hung radiators Broadband Type - fttc (Fibre to the cabinet) We recommend that any prospective purchaser: Check the installation types available at the address from Openreach: Check the speed and supply or coverage at the address at Ofcom checker: Mobile Signal/coverage Our vendor is not aware of any known issues with mobile phone signal, such as areas of restricted coverage specific to the property.
We recommend that any prospective purchaser: Check the Ofcom checker to ascertain coverage availability at the property: Check with your provider as to the availability of coverage and likely speeds Take your mobile on a viewing and test at the property Parking Drive to rear Building Safety Our vendor is not aware of any known building safety issues or any planned or required works needed to rectify any identified defect/hazard Restrictions The property is listed and there will be restrictions on any alterations.
Rights and Easements Our vendor is not aware of any rights of ways or easements over the property Flood/Erosion risk Our vendor confirms that the property has not flooded in the last 5 years Our vendor has confirmed that they are not aware of any known risk of coastal erosion affecting the property and its boundary Planning Permission or Proposal for Development Our vendor is not aware of the existence of any known planning permission or proposals for development, construction or change of use affecting the property and its immediate locality.
Coalfield or Mining Area Our vendor is not aware of coalfield below the property and has confirmed they are not aware of any other mining activity that could affect the property.
Identification and Anti-Money Laundering check (aml)-If an offer is accepted on a property marketed by Invicta Estate Agents, then all purchasers are required to complete id verification checks and aml checks, which is a legal obligation.
We use a specialist third-party company to carry out these checks. The fee is £60 per person (No VAT payable) to our sister company Invicta Property Management Ltd.
Please note that this charge is non-refundable and sales memorandums cannot be issued until the fee has been paid. Invicta Estate Agents are members of the The Property Ombudsman Scheme.
Council Tax Band: A (Swale Borough Council) Tenure: Freehold
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 77 Preston Street, Faversham
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