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Grove Road, Perry Wood, Faversham - Image 1
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Grove Road, Perry Wood, Faversham

South East

£550,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This charming period detached cottage presents an exciting opportunity for renovation and modernization, situated on a generous 0.42 acre plot in the peaceful village of Selling, Faversham. The property retains its original character but is in need of updating, allowing the new owner to transform it into a personalized country residence. The ground floor features a spacious dining room connected to a lounge, offering flexibility to create an open-plan living area or maintain separate spaces. The centrally located kitchen, along with a separate utility area, is ripe for reconfiguration and enhancement to develop an expansive kitchen/dining space that opens up to the mature gardens. Additionally, there is a lean-to that could serve as versatile storage or be converted into a stylish boot room. Upstairs accommodates three sizeable double bedrooms and a good-sized bathroom. Outside, the substantial garden stands out as one of the property's key attractions, presenting excellent potential for an extension (subject to planning permission) or even new development possibilities. Located within easy reach of local amenities and transport links, this home offers not only charm but also significant investment potential for those ready to make their mark.

Investment Analysis

(ME13 area)
Area Average
£373/sq ft
Avg Rent (weekly)
£311
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (ME13)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -7.3%
5 year growth: +4.2%
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

Grove Road, Perry Wood, Faversham
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,984
Based on a loan of £412,500 over 30 years at 4.06% 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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