3-bedroom terraced house · CT20 1JH
Sold STCReduced £20k (−8%) on 20 JunListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming Chain-Free Three Bedroom Home in the Heart of Folkestone Situated in a prime central location just a stone’s throw from Tontine Street and the ever-popular Creative Quarter, this beautifully presented three bedroom home offers the perfect blend of character, convenience, and coastal living.
Offered chain free, the property is an ideal first-time purchase or a superb second home, perfectly positioned to enjoy all that Folkestone has to offer.
From the vibrant harbour and seafront to the charm and independent shops of the Old High Street, everything is within easy reach.
Occupying an elevated position set away from the road, the home enjoys a sense of privacy while remaining moments from the town’s lively atmosphere.
The versatile accommodation is thoughtfully arranged over three floors, providing flexible living space to suit a variety of needs - whether that’s working from home, hosting guests, or creating additional reception space.
Internally, the property features a modern fitted kitchen and a contemporary bathroom, complementing the well-proportioned bedrooms and comfortable living areas.
Light-filled and inviting throughout, this is a wonderful opportunity to secure a centrally located home in one of Kent’s most sought-after coastal towns. Early viewing is highly recommended.
Please note that there is currently a tenant in-situ and they could be required to be given up to 2 months’ notice to vacate the property.
Identification Checks Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Location Summary Awarded Best Place to Live in The South East by The Times 2024; This coastal town is the very model of modern regeneration for shipshape and stylish living.
Folkestone has seen much regeneration over the past few years, with much more planned going forward, especially surrounding the town centre and Harbour.
Folkestone has a large array of shops, boutiques and restaurants as well as many hotels and tourist attractions.
Folkestone is fortunate to have two High Speed Rail links to London, both offering a London commute in under an hour.
There are great transport links to surrounding towns and cities and easy access to the continent too.
With so much going on and with the future bright, Folkestone is an excellent location to both live and invest in.
Ground Floor Bedroom (12' 1" x 10' 6") First Floor Lounge (13' 2" x 10' 6") Kitchen (6' 11" x 13' 10") Bathroom (4' 10" x 10' 7") Second Floor Bedroom (12' 0" x 12' 0") Bedroom (12' 0" x 10' 7")
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 3, Spring Terrace, Kent
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