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See how verdicts work2-bedroom flat · ME13 8FW
For saleListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Entrance hall with storage cupboards Open Plan Lounge/Diner/Kitchen 2 Double Bedrooms - Master with Ensuite Bathroom I Utility Space Allocated Parking Ideally situated on the outskirts of town, this well-presented two-bedroom ground floor apartment offers excellent access to the town centre, the coast and the motorway, making it an ideal home for commuters and those seeking convenience.
The property features a welcoming entrance hall with built-in storage cupboards and a separate utility room.
The bright and spacious open-plan living / dining area benefits from neutral décor and an abundance of natural light, creating a comfortable and contemporary living space.
The kitchen leads directly off the open-plan living and dining area, creating an ideal layout for entertaining family and friends.
There are two double bedrooms, including a principal bedroom with an en-suite shower room. A modern family bathroom serves the second bedroom and guests.
Further benefits include allocated parking along with visitor parking areas, making this an attractive and practical home in a highly convenient location.
Location Nova Avenue is located on the edge of Faversham but still within easy reach of the town centre and train station with high-speed links to London.
The coast of Seasalter and Whitstable is just a short drive away and easy access to the M2/A2 road network makes this a perfect location.
The market town of Faversham offers great recreational facilities, including a theatre, cinema, swimming pool and renowned eateries/pubs. Markets visit several days each week.
A superb offering of primary and secondary schools are on offer, including the Queen Elizabeth Grammar School.
Title: Leasehold Council Tax: Band B Lease: 999 years from and including 1 August 2018 (991 years remaining) Maintenance Charge: £1273 pa Ground Rent: £214 pa ( reviewed every 10 Years) Heating: Gas central heating Services: Mains gas, electric, water & waste Windows: UPVC double glazed Parking: Allocated Parking The following information has been confirmed by our client and we have not verified this information-please ensure that you verify this information before proceeding with a purchase.
Our vendor has supplied the property construction information to the best of their knowledge, but they are not surveyors and we recommend that any purchaser carries out a survey to confirm this information.
Property Construction Brick walls and tiled roof Sewerage - Mains Waste Electricity Supply- No other supply other than mains electric Water Supply - No other supply other than mains water Heating - Gas Central Heating Broadband Type - Not Known We recommend that any prospective purchaser: Check the installation types available at the address from Openreach: Check the speed and supply or coverage at the address at Ofcom checker: Mobile Signal/coverage Our vendor is not aware of any known issues with mobile phone signal, such as areas of restricted coverage specific to the property.
We recommend that any prospective purchaser: Check the Ofcom checker to ascertain coverage availability at the property: Check with your provider as to the availability of coverage and likely speeds Take your mobile on a viewing and test at the property Parking Allocated parking space Building Safety Our vendor is not aware of any known building safety issues or any planned or required works needed to rectify any identified defect/hazard Restrictions There are restrictions in the lease and any purchaser is asked to check the lease before proceeding with a purchase.
Rights and Easements Our vendor is not aware of any rights of ways or easements over the property Flood/Erosion risk Our vendor confirms that the property has not flooded in the last 5 years Our vendor has confirmed that they are not aware of any known risk of coastal erosion affecting the property and its boundary Planning Permission or Proposal for Development Our vendor is not aware of the existence of any known planning permission or proposals for development, construction or change of use affecting the property and its immediate locality.
Coalfield or Mining Area Our vendor is not aware of coalfield below the property and has confirmed they are not aware of any other mining activity that could affect the property.
Invicta Estate Agents are members of the The Property Ombudsman Scheme.
Viewings strictly by appointment with Invicta Estate Agents Council Tax Band: B (Swale Borough Council) Tenure: Leasehold (992 years) Ground Rent: £214 per year Service Charge: £1,273 per year property management company IV Property just had first increase of service charge of £20 in 7 years rent review-initial rent £214 to be reviewed every 10 years of the commencement of the term
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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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 advisers before making any investment decisions.
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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FAQ
About 2 Nova Avenue, Faversham
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