1-bedroom flat · CT20 2QZ
For saleReduced £20k (−25%) on 29 SepListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented retirement apartment for the over 60s is ideally located in the heart of Folkestone, offering convenient access to a wide range of local amenities.
Just moments from shops, the bus and train stations, and the scenic Leas, the property combines comfort with an excellent central position.
The apartment benefits from attractive west-facing bay windows, allowing plenty of natural light to fill the bright and welcoming living room, which also features a practical pull-down guest bed-perfect for visiting family or friends.
The kitchen is a good size and enjoys a pleasant outlook over the communal gardens, creating a peaceful and airy space. The double bedroom is well-proportioned, complemented by a modern shower room.
Additional features include ample storage cupboards throughout, ensuring a clutter-free living environment.
Residents also benefit from a well-managed building with excellent communal facilities, including a guest suite, residents’ lounge, and a laundry room-ideal for comfortable and sociable retirement living.
Identification Checks If an offer is accepted on a property marketed by Miles & Barr, all purchasers are required to complete id verification checks.
This is a legal obligation under Anti-Money Laundering Regulations. We use a specialist third-party company to carry out these checks.
The fee is £60 (including VAT) per person or £120 (including VAT) if purchasing under a company name, payable once the offer is agreed and before the sales memorandum is issued.
Please note that this charge is non-refundable.
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.
Second Floor Entrance Hall Lounge/Diner (21' 1" x 9' 7") Bathroom (6' 1" x 5' 11") Kitchen (7' 11" x 6' 6") Bedroom (13' 6" x 9' 0")
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 27 Court Place,, Castle Hill Avenue, Kent
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