Abbey Street, Faversham
South East
£350,000
Listed on 22/10/2026
Listed on 22/10/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
1192 sqftFeatures
- Garden
Description
This three-bedroom Victorian mid-terrace house is arranged over three floors and is offered with no onward chain. The accommodation includes an entrance hall, a bay-fronted lounge, a kitchen/diner, a utility room with access to the rear garden, and a ground-floor wet room. Two bedrooms and a bathroom are on the first floor, with the third bedroom on the upper level. Original features are noted throughout.
The property is in a central Faversham location, close to the town centre, mainline station and schools. It is presented as a renovation opportunity, with scope for a buyer to update the accommodation while retaining its period character. The rear garden completes the outside space.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
64out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £350,000, this Victorian terrace is priced at £294/sq ft, around 20% below the local average—a clear opportunity to acquire below the area benchmark. Its three-floor layout, bay-windowed lounge, original features and town-centre Faversham setting give the project a distinctive foundation, with the £28,000–£52,000 works range pointing to scope for a substantial refresh. The asking price plus the renovation midpoint totals £390,000, compared with an implied current local average value of £437,285; that is a comparison with the local average, not a GDV, and excludes fees and stamp duty.
The work is visible across several rooms: dated finishes and worn carpets, an older kitchen, and a densely overgrown rear garden. The roof shows moss or lichen staining, but no definite failure is apparent in the photos.
Key opportunities
- A three-floor Victorian layout with a bay-windowed lounge and original features offers scope to create a more contemporary home while preserving period character.
- The dated kitchen and worn finishes across several rooms provide a clear canvas for a coordinated interior update.
- Clearing and improving the overgrown rear garden could make the outdoor space more usable and complement the house.
Key risks
- The £28,000–£52,000 works range and visible work across several rooms make this a substantial renovation programme rather than a cosmetic refresh; budget and schedule accordingly.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,322
Based on a loan of £262,500 over 30 years at 4.45% 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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