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Water Lane, Ospringe

South East

£200,000
Listed on 23/04/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
881 sqft

Description

This Grade II listed cottage, dating back to the 16th century, offers a rare opportunity for cash buyers seeking a property rich in character and historical significance. Previously owned by a local baker for over 80 years, this home is steeped in heritage and showcases original features, including flint and timber-framed construction, period leaded diamond-pane windows, and an exposed timber frame exterior. Inside, the layout reveals a dining room with a charming cast iron fireplace and a convenient hatch to the kitchen. The sitting room features traditional exposed beams and wood panelling, anchored by a striking exposed brick chimney breast and a wood-burning stove—elements that can be beautifully complemented by modern updates. While the kitchen remains functional with ample units and appliances, it is primed for sympathetic modernization to enhance its appeal. The adjacent boot room/utility provides practical space for laundry needs. The staircase is framed by an intricately carved balustrade leading to a spacious galleried landing—perfect for creating an additional study or nook. Upstairs features two double bedrooms rich in character with exposed beams and secondary glazing on windows for added comfort. The garden complements this property’s allure—accessed via a wrought iron gate, it includes vibrant flowerbeds, mature shrubs, a wildlife pond, and an expansive lawn area. A substantial outbuilding currently used for storage holds potential for conversion into additional living space or leisure facilities (subject to permissions). This cottage not only embraces its historical roots but also invites you to explore renovation potential within its walls. Located in the village of Ospringe near Faversham—a hub of local culture with excellent amenities—this property offers both quiet rural charm and easy access to urban conveniences.

Investment Analysis

(ME13 area)

Below Market Value

This property is priced -38.9% below area average per sq ft

-38.9%
Potential saving
This Property
£227/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£292
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£360,069
10% above area average per sq ft
Potential ROI
+28.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (ME13)

Area prices are stable by -0.2% over the last 12 months
3 year growth: -5.6%
5 year growth: +4.0%
Investment Disclaimer: Analysis based on ME13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Water Lane, Ospringe
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£708
Based on a loan of £150,000 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

Price History

-33.3% since listed
£200,000£50,000(-20.0%)
23/04/2026
Current price
£250,000£30,000(-10.7%)
30/12/2025
£280,000£20,000(-6.7%)
22/10/2025
£300,000Initial listing
16/09/2025

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