2-bedroom flat · ME13 7AP
To rentListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Superb 2nd floor flat in great central Faversham location. This 2 bedroom flat is situated above the old Lloyds Bank on Court Street in the very heart of Faversham.
The flat commands an elevated position on floor 2 of the building with great views over Court Street and the Market area.
This flat has been completely renovated to a high standard from top to bottom, new kitchen, new bathroom, new flooring and refurbished original floors, bags of character, spacious & airy & with high ceilings.
Briefly comprises; Entrance door off Middle Row. Stairs to 1st and then 2nd floor. To the right is a utility room and the spacious shower room. Bedroom one fronts the market square.
Off the hallway to the left is a very generous, light & airy living room facing the market square. The spacious main bedroom and the newly fitted kitchen are to the rear of the building.
Gas central heating with an efficient combination boiler. Please also see attached our colour floorplan which gives further indication of the size and layout of this superior 2 bedroom flat.
Please note that our floorplan is for indicative purpose only and must not be relied upon for any other reason. Any potential tenant must satisfy themselves that this flat meets their needs.
Please contact us with any further questions or to arrange a viewing. Council Tax Band: B Deposit: £1,380 Holding Deposit: £270
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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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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