2-bedroom flat · ME13 8FE
Listing removedReduced £50 (−4.8%) on 14 JulListed 115 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Please email via zoopla to arrange viewings Introducing this well presented, two bedroom, second floor apartment in the popular Edward Vinson Drive development in Faversham.
Located very close to the recreation ground and a short walk away from the town centre, brought to market with no onward chain.
Accommodation comprises of an open plan living/dining room and kitchen, two good sized bedrooms, one of which is en-suite and a full bathroom.
Outside are communal gardens only accessible to residents and ample off street parking bays. Available to let from 11th September.
Lounge (4.41 x 3.98 (14'5" x 13'0")) Kitchen (2.93 x 2.32 (9'7" x 7'7")) Bedroom 1 (3.70 x 3.18 (12'1" x 10'5")) Ensuite (2.50 x 1.15 (8'2" x 3'9")) Bedroom 2 (2.88 x 2.28 (9'5" x 7'5")) Bathroom (2.28 x 1.71 (7'5" x 5'7")) Communal Garden
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 117, Edward Vinson Drive, Faversham
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