1-bedroom flat · CT20 2AJ
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PROPERTY DETAILS LET PRIOR TO MARKETING: MARTIN&CO are delighted to offer for rent this lovely one bedroom apartment to the market.
Situated in the heart of the town centre on the second floor with the additional benefits of sea glimpses, double glazing and central heating.
The property comprises of a fully fitted kitchen with fridge/Freezer and washing machine included, a spacious lounge with sea views and a double bedroom with built in wardrobes, the bathroom has shower over bath.
APPLICANT PROFILE Applicants are assessed on affordability: this property is available to applicants with a combined annual income of at least £24,000.
We can consider the following forms of income: * Basic salary for contracted hours, * Tax Credits * Pensions, or a combination of the above Income types considered on a case by case basis: * Commission * Self-employment * Dividends * Liquid funds * Benefits supported by an award letter.
Where an applicant does not meet the affordability criteria on their own, a suitable guarantor may be considered.
We welcome applications from households of all types, including families with children.
This property is suitable for a maximum of 2 occupants, in accordance with statutory overcrowding rules (Housing Act 1985), which set legal limits based on the number and size of rooms available for sleeping.
This property is not suitable for sharers.
Applications from unrelated adults forming a house share cannot be considered due to property suitability constraints [and restrictions set in the lease and insurance of the property].
Applicants may request consent to keep a pet. All requests will be considered fairly and reasonably. Smoking is not permitted inside the property.
Holding Deposit & Referencing A refundable holding deposit of £185.00 is payable upon acceptance of your application.
Applicants are expected to undergo referencing, including: * A clean or satisfactory credit profile * Evidence of income * A positive landlord reference (if currently renting) Consideration will be given to applicants who are legally disabled or in receipt of Personal Independence Payment (PIP), formerly Disability Living Allowance (DLA), when assessing affordability and suitability.
Applicants must provide a Government issued photographic ID and proof of current address (utility bill, council tax bill, employer letter).
Please note we cannot accept bank statements or mobile phone bills.
Your cooperation with the referencing process helps ensure a smooth and prompt progression of your application (subject to contract and referencing).
For full details or to arrange a viewing, please contact Martin & Co.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Sandgate Road, Folkestone
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