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St. Catherines Drive, Faversham, Kent ME13 - Image 1
St. Catherines Drive, Faversham, Kent ME13 - Image 2
St. Catherines Drive, Faversham, Kent ME13 - Image 3

St. Catherines Drive, Faversham, Kent ME13

South East

£550,000
Listed on 26/03/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This property presents a significant development potential, featuring an approved planning application for the construction of three detached houses on a vacant parcel of land. Situated in the desirable residential neighborhood of Faversham, this site benefits from a favorable location amidst family-oriented homes. The planning permission, granted under reference 25/500593 by Swale District Council, includes detailed provisions for three self-build homes, each designed with three bedrooms and two bathrooms, along with adequate parking and private gardens. This opportunity is enhanced by the existing infrastructure in the area, making it suitable for various residential options or even a possible commercial development pending further discussions regarding community infrastructure levy and ecological requirements. With established home values nearby, this project stands to yield strong returns for investors willing to navigate the development process.

Investment Analysis

(ME13 area)
Area Average
£372/sq ft
Avg Rent (weekly)
£298
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £450,000
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

St. Catherines Drive, Faversham, Kent 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
£1,984
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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