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Roman Road, Faversham, ME13

South East

£320,000
Listed on 01/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1067 sqft

Description

This three-bedroom terraced house offers a promising canvas for renovation enthusiasts, ideally situated within walking distance to both the town centre and the train station. The property features a classic layout beginning with a welcoming entrance hall that leads into a spacious dining room, highlighted by a charming bay window that invites ample natural light. Adjacent is the living room, which presents options for family gatherings or entertaining. The interchangeable nature of these reception rooms allows for creative reconfiguration based on personal preferences. The kitchen, located at the rear of the property, serves as a functional area ripe for modernisation, providing an excellent opportunity to tailor it to your tastes. Upstairs, you will find three generously sized bedrooms that can accommodate various uses — whether that be family spaces, guest rooms, or home offices. A shower room and separate W.C are conveniently located on the ground floor. The house is in need of updating, presenting an invaluable chance for buyers to inject their own style and enhance its market value. Additionally, being offered with no onward chain simplifies the purchasing process for those looking to move promptly. Local amenities include Faversham’s vibrant historic town centre just a five-minute stroll away, along with easy access to Faversham mainline railway station in seven minutes—providing quick travel options to London. Furthermore, Junction 6 of the M2 motorway is only five minutes drive away. Faversham thrives with independent shops, cafes, pubs, and restaurants alongside its well-known market held three times weekly under the iconic Guildhall. The town's rich historical tapestry includes buildings from medieval times through to modern day and hosts Britain’s oldest brewery — Shepherd Neame. Educational opportunities are abundant with several ‘Good’ and ‘Outstanding’ Ofsted-rated schools nearby including Queen Elizabeth’s Grammar School.

Investment Analysis

(ME13 area)

Below Market Value

This property is priced -19.4% below area average per sq ft

-19.4%
Potential saving
This Property
£300/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£298
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£436,969
10% above area average per sq ft
Potential ROI
+21.4%
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
33%
Properties sold annually

Local Market Trend (ME13)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -4.2%
5 year growth: +5.3%
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

Roman Road, Faversham, ME13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,154
Based on a loan of £240,000 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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