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Water Lane, Ospringe, ME13

South East

£200,000
Listed on 06/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
527 sqft

Description

This quaint two-bedroom mid-terrace cottage is nestled in a charming village, offering an intriguing opportunity for buyers keen on a renovation project. The property is devoid of any onward chain, facilitating a swift transaction for potential homeowners or investors alike. Upon entering, the spacious living room presents a versatile area suitable for both relaxation and hosting gatherings. The kitchen, although functional, holds promise for modernization and could be redesigned to enhance its usability as a dining space. The bedrooms are generously proportioned, with the ground floor bathroom adding practicality to the living arrangement. The layout is adaptable, allowing an owner to reconfigure rooms according to contemporary preferences. Outside, the quaint courtyard garden offers some outdoor enjoyment potential, whether it's for peaceful reading or simple relaxation. This space could benefit from landscaping to maximize its charm and usability. Situated in the desirable village of Ospringe, this property allows you to immerse yourself in village life while having convenient access to Faversham's bustling town center, known for its independent shops and historic market days. With exceptional primary schools nearby and excellent transport links just minutes away, this cottage not only brings character but also significant investment potential for those willing to put in some effort.

Investment Analysis

(ME13 area)

Above Market Value

This property is priced +2.7% above area average per sq ft

+2.7%
This Property
£380/sq ft
Area Average
£369/sq ft
Avg Rent (weekly)
£279
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £25,000
Target Value
£214,112
10% above area average per sq ft
Potential ROI
-4.8%
After renovation
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
11%
Properties sold annually

Local Market Trend (ME13)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -5.3%
5 year growth: +4.8%
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, ME13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£714
Based on a loan of £150,000 over 30 years at 3.97% 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

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