PE Homes says ..

Property Oracle says ..

The property is a 2-bedroom flat located in Faversham, Kent, with a list price of £100,000. The flat is 785.77 sqft and has one bathroom. The property is situated in a modern development, as shown in the photographs. The area has good transport links to Faversham train station (2.70 KM), offering connections to London and other parts of Kent. Several primary schools are within a reasonable distance, including Ospringe Church of England Primary School (rated ‘Good’ by Ofsted) and Ethelbert Road Primary School (rated ‘Outstanding’).

The images reveal a modern flat that appears to be in reasonable condition, although some areas are cluttered and could benefit from a thorough clean. The kitchen and bathroom are modern and well-maintained. However, the bedrooms are quite cluttered, making it difficult to fully assess their condition. There is no evidence of significant damage or disrepair.

The property has no land associated with it, being a flat. The list price of £100,000 is significantly lower than the average house price in the area (£556,862). This could be due to the property being a flat rather than a house, the smaller size (785.77 sqft compared to the average of 1,332 sqft), and the lack of outdoor space. However, the average price per sqft in the area is £418, and while the price is lower than the average house price, it is important to consider the type of property. More data on comparable flats in the area would be needed to give a more definitive assessment of the price’s reasonableness.

Considering the factors above, the property may represent good value for money for a first-time buyer or investor looking for a smaller property in a convenient location with good transport links and nearby schools. However, potential buyers should be aware of the lack of outdoor space and the need for a thorough clean before moving in.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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