# 2 bedroom terraced house for sale (ME13 7GW) ## Property Details | Key | Value | |-----|-------| | Address | Weaver Avenue, Faversham, Kent, ME13 7GW | | Price | £198,500 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | C | | Last sold | £264,995 | ## Description SECURING THIS PROPERTY WITH A LIFETIME LEASEOVER 60s can secure this property with a HOME FOR LIFE from HOMEWISEThrough the Home for Life Plan from Homewise, those AGED 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost to purchase the Lifetime Lease is always less than the full market value. OVER 60s customers typically save between from 20% to 50%*. Home for Life Plan guide price for OVERS 60s: The Lifetime Lease price for this property is £198,500 based on an average saving of 33%. Market Value Price: £300,000 The price **you pay will vary according to your age, personal circumstances and requirements** and will be adjusted to include any percentage of the property you wish to safeguard. The plan allows customers to purchase a share of the property value (UP TO 50%) to safeguard for the future. For an indication of what you could save, please use our CALCULATOR on the HOMEWISE website. Please CALL for more information or a PERSONALISED QUOTE. Please note: Homewise DO NOT own this property and it is not exclusively for sale for the over-60s. It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease. **If you are not OVER 60 or would like to purchase this property at the full market value of £300,000, please contact the estate agent Wards.** PROPERTY DESCRIPTIONSituated within a short distance of the ever popular town centre is this immaculate terraced house. Ideal for a first time buyer or investment opportunity. With an easy to maintain garde, this property features an open plan living area and spacious accommodation upstairs.Room sizes:**Lounge**: 13'5 x 11'2 (4.09m x 3.41m)**Kitchen/Diner**: 13'5 x 8'11 (4.09m x 2.72m)**Cloakroom****Landing****Bedroom 1**: 13'5 x 9'3 (4.09m x 2.82m)**Bedroom 2**: 13'5 x 7'11 (4.09m x 2.41m)**Bathroom****Front Garden****Rear Garden****Allocated Parking For 1 Car**  The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.   If buying to rent, please check if Local Authority licensing schemes apply before proceeding. Legal advice should be taken to verify fixtures/fittings, planning, alterations and/or lease details. Appliances & services are untested, dimensions are approximate and floor plans are not to scale.   We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Homewise, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.   Suitable as a retirement home. ## Property Photos - ![External](/listings/photos/90196590/1391914) - External - ![Kitchen/Diner](/listings/photos/90196590/1391917) - Kitchen/Diner - ![Kitchen/Diner](/listings/photos/90196590/1391918) - Kitchen/Diner - ![Lounge](/listings/photos/90196590/1391919) - Lounge - ![Lounge](/listings/photos/90196590/1391920) - Lounge - ![Bedroom 1](/listings/photos/90196590/1391921) - Bedroom 1 - ![Bedroom 2](/listings/photos/90196590/1391922) - Bedroom 2 - ![Bathroom](/listings/photos/90196590/1391924) - Bathroom - ![Rear Elevation](/listings/photos/90196590/1391925) - Rear Elevation - ![Rear Garden](/listings/photos/90196590/1391926) - Rear Garden ## Floorplans - ![Ground Floor](/listings/photos/90196590/1391927) - Ground Floor - ![First Floor](/listings/photos/90196590/1391930) - First Floor ## EPC Graphs - ![EPC graph](/listings/photos/90196590/1391932) - EPC graph ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] 9 WEAVER AVENUE, FAVERSHAM, SWALE, KENT, ME13 7GW | £425,000 | 18/02/2025 | Detached | | 7 WHELER COURT, FAVERSHAM, SWALE, KENT, ME13 7NR | £325,000 | 17/12/2024 | Terraced | | 127 HAZEBROUCK ROAD, FAVERSHAM, SWALE, KENT, ME13 7PZ | £247,500 | 27/01/2023 | Terraced | | [Same street] 1 WEAVER AVENUE, FAVERSHAM, SWALE, KENT, ME13 7GW | £2,266,668 | 20/07/2022 | Other | | 109 HAZEBROUCK ROAD, FAVERSHAM, SWALE, KENT, ME13 7PZ | £258,000 | 22/06/2022 | Terraced | | 11 TASSELL PLACE, FAVERSHAM, SWALE, KENT, ME13 7GY | £112,498 | 24/05/2022 | Terraced | | 7 TASSELL PLACE, FAVERSHAM, SWALE, KENT, ME13 7GY | £332,995 | 06/05/2022 | Terraced | | 9 TASSELL PLACE, FAVERSHAM, SWALE, KENT, ME13 7GY | £110,398 | 19/04/2022 | Terraced | | [Same street] 17 WEAVER AVENUE, FAVERSHAM, SWALE, KENT, ME13 7GW | £332,995 | 25/03/2022 | Semi-detached | | 17 TASSELL PLACE, FAVERSHAM, SWALE, KENT, ME13 7GY | £329,995 | 25/02/2022 | Terraced | | [Same street] 13 WEAVER AVENUE, FAVERSHAM, SWALE, KENT, ME13 7GW | £329,995 | 14/01/2022 | Terraced | | [Same street] 18 WEAVER AVENUE, FAVERSHAM, SWALE, KENT, ME13 7GW | £359,995 | 22/12/2021 | Semi-detached | | 15 TASSELL PLACE, FAVERSHAM, SWALE, KENT, ME13 7GY | £269,995 | 22/12/2021 | Terraced | | 2 PUGMILL CLOSE, FAVERSHAM, SWALE, KENT, ME13 7GE | £362,595 | 22/12/2021 | Terraced | | 4 PUGMILL CLOSE, FAVERSHAM, SWALE, KENT, ME13 7GE | £318,775 | 22/12/2021 | Terraced | | 6 PUGMILL CLOSE, FAVERSHAM, SWALE, KENT, ME13 7GE | £324,995 | 22/12/2021 | Terraced | | 13 TASSELL PLACE, FAVERSHAM, SWALE, KENT, ME13 7GY | £269,995 | 22/12/2021 | Terraced | | [Same street] 15 WEAVER AVENUE, FAVERSHAM, SWALE, KENT, ME13 7GW | £264,995 | 19/11/2021 | Terraced | | [Same street] 14 WEAVER AVENUE, FAVERSHAM, SWALE, KENT, ME13 7GW | £264,995 | 19/11/2021 | Terraced | | [Same street] 16 WEAVER AVENUE, FAVERSHAM, SWALE, KENT, ME13 7GW | £334,995 | 29/10/2021 | Terraced | | [Same street] 11 WEAVER AVENUE, FAVERSHAM, SWALE, KENT, ME13 7GW | £349,995 | 29/10/2021 | Semi-detached | | [Same street] 12 WEAVER AVENUE, FAVERSHAM, SWALE, KENT, ME13 7GW | £323,395 | 29/10/2021 | Semi-detached | | 109 HAZEBROUCK ROAD, FAVERSHAM, SWALE, KENT, ME13 7PZ | £237,500 | 15/09/2021 | Terraced | | 135 HAZEBROUCK ROAD, FAVERSHAM, SWALE, KENT, ME13 7PZ | £230,000 | 07/09/2021 | Terraced | | 45 BREEZE MEADOW, FAVERSHAM, SWALE, KENT, ME13 7FZ | £100,500 | 03/09/2021 | Terraced | | [Same street] 2 WEAVER AVENUE, FAVERSHAM, SWALE, KENT, ME13 7GW | £459,995 | 04/08/2021 | Detached | **Street average:** £519,366 (11 sales) **Area average:** £255,383 (15 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £340,699 (36 Terraced, ME13, 2024–2026) - **Deviation:** -41.7% ## Rental Range *ONS Price Index of Private Rents (Swale). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £986/mo - **Realistic:** £1,095/mo - **Optimistic:** £1,205/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Chelmsford (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £947/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Maisonette, Park Road, ME13 | £1,250/mo | 2 | 1.21 miles | OpenRent | **Average rent: £1,250/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.63% (weak for cashflow) - **Max investor price (0.8%):** £156,250 - **Target investor price (1%):** £125,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,250/mo).* - **Gross yield:** 7.6% - **Cost-to-rent:** 13.2× - **Monthly cashflow:** £318/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 6.6% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 24.1% - **10y growth:** 22.1% ## House Price Index (HM Land Registry) *Official index for Swale; Terraced series; as of April 2026.* - **1y growth (index):** 2% - **5y growth (index):** 11.6% - **10y growth (index):** 37% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)