2-bedroom flat · ME13 8FS
For saleListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented purpose built first floor 2 Bedroom apartment offers generous living space in a sought-after modern development.
The property features a open-plan kitchen/dining/living room creating a bright and versatile space ideal for both entertaining and everyday living.
There are two well-proportioned double bedrooms, and a contemporary family bathroom. The property also comes with the convenience of allocated parking.
Fmv: £240,000 40% at at £96.000 Rent: £378.17 pcm Service Charges: £198.89 pcm Lease Term: 119 years Council Tax Band: B Local Area Information Nestled within 0.8 miles of Faversham's mainline railway station, this superbly connected first-floor flat offers swift access to London and local towns.
A 0.5 mile stroll brings you to a convenient Co-op for daily essentials, while Faversham's vibrant market town centre and its independent shops, cafés and historic charm are comfortably within reach.
Families will appreciate the proximity to St Mary of Charity Primary School just 0.6 miles away, with Ethelbert Road and Davington Primaries also nearby.
For older pupils, the selective Queen Elizabeth's Grammar School lies about 0.7 miles away, while the inclusive Abbey School is just 1.1 miles.
Whether you're a commuter, a young family or someone seeking a more manageable home, this location combines convenience, quality schooling and local amenities in one appealing package.
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
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FAQ
About Nova Avenue, Faversham
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