2-bedroom flat · CT20 1EW
Let agreedReduced £55 (−5.2%) on 22 SepListed 77 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious 2-Bedroom Split-Level Flat in Prime Location This well-presented 2-bedroom split-level flat offers the perfect combination of space, comfort, and convenience, ideally located on Coolinge Road.
Whether you’re commuting and need excellent transport links or simply want to enjoy everything Folkestone has to offer, this property is perfectly placed.
Recently refurbished throughout, the flat has been finished to a fresh and clean standard.
Brand-new carpets will also be fitted prior to the new tenant moving in, ensuring the property is ready to enjoy from day one.
On entering the flat, stairs lead up to the main living accommodation, where you’ll find a bright and exceptionally spacious open-plan lounge and kitchen area.
The kitchen is thoughtfully arranged to create a distinct space, with plenty of room for appliances, while still retaining the open feel of the layout.
This makes the space ideal for both everyday living and entertaining. Also on this level is a bathroom complete with a shower over the bath.
A second set of stairs leads to the top floor, which is home to two well-proportioned bedrooms. The second bedroom benefits from a skylight, allowing in plenty of natural light.
The location is a real highlight, with Folkestone Central Station just a 5-minute walk away and the town centre within easy walking distance, offering a great selection of shops, cafes, restaurants, and local amenities.
For those who enjoy being outdoors, the nearby Leas Promenade provides beautiful cliff-top views across the English Channel, along with scenic coastal walks and green open spaces to enjoy.
This is a fantastic opportunity to secure a spacious home in a highly convenient location. Early viewing is recommended to fully appreciate everything this property has to offer.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Coolinge Road, Folkestone, Kent
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