2-bedroom terraced house · ME13 8TS
For saleListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***NO ONWARD CHAIN*** Mooved are delighted to present this two-bedroom period terraced property situated on Water Lane in Ospringe, Faversham (ME13).
Thought to have been built between 1890 and 1915, this characterful likely-Victorian home is nestled within a charming and historic village setting on the outskirts of Faversham, offering a rich local heritage alongside convenient modern living.
The immediate surroundings are packed with historical significance and village charm: the English Heritage site ‘Maison Dieu’—a medieval building that historically hosted visiting kings and queens, served as a wartime hospital, and provided rest for Canterbury pilgrims—is located just three doors up the road, while two doors up and across stand impressive residential listed buildings.
At the end of the road sits a historic church surrounded by scenic walking routes, and an allotment area is situated less than a five-minute walk away.
For dining and leisure, a well-regarded quiet pub specializing in gourmet beef dishes and famous for its Sunday roasts is just a two-minute walk away.
Families and tenants will benefit from being on the same road as a well-rated primary school, directly opposite where a new car park is being constructed imminently to improve traffic flow.
Commuters will appreciate being within walking distance of the town centre and Faversham train station, where direct services reach London in approximately one hour, alongside quick road links via the A2 and M2 corridors.
Tailored as an attractive proposition for property investors, this property provides a fantastic high-yielding residential asset with excellent long-term capital appreciation potential.
Key fundamental improvements have already been carried out, including complete replacement of the lounge floors from the grouting upwards in January 2022, concurrent full damp protection installed across all downstairs spaces with an transferable ten-year damp proofing guarantee, Hive smart heating installed in 2022, and a reliable gas boiler fitted under ten years ago.
Encompassing approximately 552 sq ft (51.2 sq m) of accommodation over two floors, the ground floor opens directly into a bright front reception room measuring 10'10 x 9'11 (3.31m x 3.03m), featuring wood-effect flooring and a decorative feature fireplace recess.
Leading through, the inner kitchen measures 11'1 x 10'10 (3.39m x 3.30m) with tiled flooring, integrated oven and hob, fitted wall and base units, and under-stairs storage space.
A rear lobby area equipped with a lockable cat flap in the back door connects through to a ground-floor family bathroom fitted with a three-piece bath suite including an overhead shower.
On the first floor, the landing gives access to two well-proportioned double bedrooms.
Bedroom one measures 11'2 x 10'5 (3.40m x 3.17m) situated to the front, offering a peaceful view of grazing horses outside the main window.
Bedroom two measures 11'2 x 8' (3.41m x 2.45m) and overlooks the rear.
Externally, the property features a private rear garden space with shared wheelie bin access rights arranged via garden access for Number 5 through this garden only, and access granted to Numbers 7 through 10 for bin access.
Offering clear scope for targeted cosmetic updates while benefitting from significant underlying structural and heating upgrades, this property represents an exceptionally promising buy-to-let opportunity in a sought-after Kent setting.
Disclaimer – 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.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT.
THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS.
NEITHER MOOVED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 advisors before making any investment decisions.
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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.
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FAQ
About Water Lane, Faversham, ME13 8
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