2-bedroom flat · ME13 8NU
Listing removedReduced £100 (−7.2%) on 27 AugListed 71 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description New to the market and available now! This brand new fully refurbished flat is situated on floors 1 and 2 of the building. Spacious and airy. Entrance door at ground floor level.
Stairs to the 1st floor which contains the good sized kitchen / dining room and a very spacious living room. Also on this level is the bathroom which has a bath with a shower over.
On the 2nd floor are 2 good sized bedrooms and a store area. Please also see attached our colour floorplan which gives further indication of both the size and layout of this flat.
Please note that the floorplan is for indicative purpose only and must not be relied upon for any other purpose.
Any potential tenant must satisfy themselves that this property fully meets their needs. Viewing this property is strictly by appointment & to be arranged through ourselves as agent.
Please note that any description of a property is subjective and is presented in good faith as an opinion and not as a statement of fact.
Please make a specific enquiry to ensure that the description is inline with your expectation. Services, systems & appliances are not tested.
We strongly recommend any potential tenant to verify that the property will meet their individual needs. Council Tax Band: B Deposit: £1,725 Holding Deposit: £345
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
FAQ
About 89a Preston Street, Faversham
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