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Cheney Road, Faversham

South East

£385,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1061 sqft

Description

This three-bedroom family residence offers a promising opportunity for renovation within a sought-after location on Cheney Road, just a short stroll from Faversham's charming town centre and railway station. While the property is currently functional, it would benefit from modernization to truly capitalize on its investment potential. The front door opens into a spacious hallway that leads to a bright living room, enhanced by large windows and rear sliding doors that connect seamlessly with the conservatory—ideal for creating a vibrant family space. The kitchen is equipped with ample wall and base units, along with existing appliances including a gas hob and oven. A rear lobby provides access to a convenient ground-floor WC and a storeroom which has plumbing in place, making it an excellent candidate for conversion into a stylish downstairs shower room or utility area. Upstairs, the accommodation comprises two substantial double bedrooms alongside a single room, giving flexibility for family living or guest use. The family bathroom features both a corner bath and step-in shower, complemented by an additional separate WC. The extensive 90ft x 30ft rear garden is mostly laid to lawn and includes outdoor storage solutions such as wooden sheds and a brick-built outbuilding, along with a greenhouse—perfect for those looking to enhance their gardening space. The front of the property benefits from off-street parking suitable for several vehicles. With no onward chain, this home presents an exciting canvas to infuse personal style while being located near local amenities and transport links which make it ideal for commuting families. Don’t miss out on the chance to transform this house into your dream home.

Investment Analysis

(ME13 area)

Below Market Value

This property is priced -2.8% below area average per sq ft

-2.8%
Potential saving
This Property
£363/sq ft
Area Average
£373/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£435,795
10% above area average per sq ft
Potential ROI
+2.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (ME13)

Area prices are falling by +4.4% over the last 12 months
3 year growth: -9.0%
5 year growth: 3.9%
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

Cheney Road, Faversham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,410
Based on a loan of £288,750 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE