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Finch Close, Faversham, Kent ME13 - Image 1
Finch Close, Faversham, Kent ME13 - Image 2
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Finch Close, Faversham, Kent ME13

South East

£190,000
Listed on 20/09/2025

Property Details

Bedrooms
2
Type
Detached house
Area
615 sqft

Description

This two-bedroom coach house/maisonette offers a promising opportunity for renovation, making it an appealing option for both first-time buyers and investors seeking potential value in a desirable area. Located in Faversham, the property is well-positioned near schools and various local amenities, providing convenience for everyday living. Inside, the layout features a spacious open-plan reception area that flows into the kitchen, creating an adaptable environment suitable for both relaxation and entertaining. The kitchen includes a designated breakfast nook, ideal for casual meals. Both bedrooms are generously sized doubles, with the primary room benefiting from built-in wardrobes that enhance storage while maximizing floor space. Additionally, the bathroom is equipped with a shower-over-bath setup, catering to diverse needs. While this property currently requires renovation, it presents a unique opportunity for buyers to customize and modernize the living spaces according to their preferences. This aspect could significantly increase the property's value after improvements are made. The availability of parking adds to its appeal, ensuring convenience for residents and guests alike. Faversham itself is known for its rich history as a small medieval market town, offering excellent transport links to London and neighboring areas through its train station. The town features a vibrant market held thrice weekly around the historic Guild Hall and boasts numerous local shops, cafes, and restaurants that enhance community life. With well-respected schools nearby and quick access to green spaces and recreational facilities, this location caters well to families and professionals alike. Overall, this property not only serves as an entry point onto the property ladder but also holds significant investment potential in an attractive residential neighborhood. The opportunity to purchase chain-free simplifies the buying process, making it even more accessible for interested parties eager to make their mark on this home.

Investment Analysis

(ME13 area)

Below Market Value

This property is priced -17.5% below area average per sq ft

-17.5%
Potential saving
This Property
£309/sq ft
Area Average
£375/sq ft
Avg Rent (weekly)
£285
Avg Yield
3.6%

Renovation Potential

Est. Renovation Cost
£19,000 - £47,500
10-25% of property value
Target Value
£253,451
10% above area average per sq ft
Potential ROI
+6.7%
After renovation
Monthly Sales
32
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (ME13)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -6.6%
5 year growth: 12.7%
Investment Disclaimer: Analysis based on ME13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Finch Close, Faversham, Kent ME13
Map showing location of Finch Close, Faversham, Kent ME13
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