We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom house · ME13 7TJ
Listing removedReduced £50k (−9.1%) on 22 JulListed 364 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Introducing this charming, grade II listed, detached house on Oare Road in Faversham.
Located on the outskirts of town, within in walking distance to the centre and local amenities, brought to market with no onward chain.
Accommodation spans across three floors and comprises a spacious, open plan kitchen dining room with working wood burner, a lounge currently used as a separate dining room with a feature fireplace, a sitting room, a full bathroom and a vast workshop that could be repurposed in a variety of ways to the ground floor.
Downstairs is a cellar which could be converted subject to the required permissions, or used for storage.
Upstairs on the first floor are four good sized bedrooms, two of which have feature fireplaces, and a shower room. Outside to the side is a large driveway and a car port providing ample parking.
To the rear is a generous, well established garden mainly laid to lawn with patio areas and stunning views of the windmill. There are also a number of outbuildings and a greenhouse.
Don't miss your chance to make this house, your new home. Contact us to arrange a viewing!
Cellar (3.37 x 3.65 (11'0" x 11'11")) Kitchen/Diner (5.8 x 3 (19'0" x 9'10")) Sitting Room (3.38 x 3.65 (11'1" x 11'11")) Lounge (3.37 x 3.65 (11'0" x 11'11")) Bathroom + Utility (1.95 x 3 (6'4" x 9'10")) Workshop (7.75 x 2.57 (25'5" x 8'5")) Car Port (4.9 x 1.83 (16'0" x 6'0")) Bedroom 1 (3.38 x 3.65 (11'1" x 11'11")) Bedroom 2 (3.37 x 3.65 (11'0" x 11'11")) Bedroom 3 (3.5 x 3 (11'5" x 9'10")) Bedroom 4 (3.39 x 3 (11'1" x 9'10")) Shower Room (1.41 x 2.25 (4'7" x 7'4")) Garden Driveway
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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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
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FAQ
About Mill House, Oare Road, Faversham
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