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See how verdicts work10-bedroom flat · CT20 1SQ
For saleReduced £50k (−3.4%) on 22 JunListed 286 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE WITH BURNAP + ABEL... Welcome to The Bayle, Folkestone - where prime location meets incredible investment opportunity.
This block of 6 new build apartments offers a total of 57 square metres of commercial premises, creating the perfect blend of residential and business potential.
Currently generating an impressive rental income of circa £90,000 per annum, this property is truly a must-have for savvy investors looking to increase their portfolio.
Don't miss out on this rare chance to own a piece of luxury in one of Folkestone's most sought-after areas. Sensible offers welcomed by the current vendors.
Main Information Investment Consideration: Gross Initial Yield: approx 6.50% Rental Income: £904000 p.a.
VAT is NOT applicable to this property SPV can be purchased to minimise stamp duty Apartments can be used for holiday lets Comprises block of 6 apartments (2 x 1-Bed & 4 x 2-Bed) and 1 commercial unit 2 apartments benefit from private balcony, while ground floor apartment benefits from private patio Total residential area 287 sq m (3,089 sq ft) Total commercial area 57 sq m (614 sq ft) Development completed in December 2023 10 year new-build warranty guarantee
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 The Bayle, Folkestone, CT20
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