Modern Method of Auction
Auction date not yet published
4-bedroom bungalow · ME13 7QA
Sold STCReduced £75k (−23.1%) on 11 SepListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Modern Method of Auction; Starting Bid Price £375,000 plus Reservation Fee. Five bedroom chalet in A popular location!
Do not miss your opportunity to view this four/five bedroom property located within walking distance to Faversham town.
The property offers versitle living accomodation with the option to have five bedrooms or three large doubles with two additional recpetion rooms. The property has a kitchen, bathroom and en-suite.
Externally to the rear you will find a rear garden that is decked and lawned. To the front a garage and off street parking.
Auctioneer Comments: This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £7,080 inc VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.
These services are optional.
Material Information Construction Type/Materials: To Follow Broadband Coverage: To check broadband and mobile phone coverage please visit Ofcom here: Location Summary Faversham is one of England’s most historic and charming towns, nestled between the Kent Downs and the austere beauty of its coastal wetlands.
This picturesque market town is steeped in history with nearly 500 listed buildings, the famous Shepherd Neame Brewery, Britain’s oldest which was founded in 1698 and a thriving Town Centre which was nominated as a Rising Star in the Great British High Street Awards in October 2015.
These details are yet to be approved by the vendor.
Entrance Hall Bathroom Bedroom (8' 7" x 6' 10") Bedroom (11' 6" x 7' 11") Living Room (13' 4" x 11' 5") Lounge/ Diner (21' 1" x 11' 5") Kitchen (11' 6" x 10' 8") First Floor Bedroom (15' 5" x 10' 8") Bedroom (11' 5" x 11' 0") Ensuite Bathroom
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 3, Bysing Wood Road, Kent
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