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See how verdicts work2-bedroom flat · CT20 1SN
For saleReduced £15k (−3.5%) on 27 AugListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Reeds Rains are delighted to present to the market this truly stunning two-bedroom maisonette, boasting breathtaking panoramic sea and harbour views, best enjoyed from your own 32' private balcony.
Arranged thoughtfully over two floors, this beautifully presented home offers generous and versatile living space.
The ground floor comprises a spacious double bedroom, a modern fitted kitchen and a well-proportioned sitting/dining room.
This inviting living area features double doors opening onto a private terrace, perfectly positioned to take in the spectacular coastal views.
A contemporary bathroom completes the ground floor accommodation. Upstairs, you will find a further large double bedroom, enjoying elevated views across Folkestone Harbour.
Externally, the property benefits from a charming front garden, while the rear balcony provides an ideal setting to relax and fully appreciate the stunning surroundings.
This exceptional home is offered to the open market exclusively via Reeds Rains Estate Agents with no onward chain and early viewing is highly recommended to avoid disappointment.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
FOL260067/8 Location Situated just a few minutes' walk from Folkestone town centre, residents will find a variety of shops, cafes, and amenities at their fingertips.
Nearby, there are steps leading down to the harbour and new Harbour Arm with its pop-up restaurants and and lighthouse champagne bar. The Old High Street and Creative Quarter are also nearby.
Folkestone West & Folkestone Central Stations both benefit from High Speed services to London St Pancras with journey times of under an hour.
The M20 (Junction 13), the Channel Tunnel Terminal and Ferry Port of Dover are all within easy reach. Private Entrance Access from The Parade direct into the apartment.
Front Garden A charming front garden to the front of the property opening out onto The Parade.
Leasehold Information The property is currently a freehold dwelling but will be sold with a share of the freehold and a 999 year lease. Council Tax Band - B EPC Rating EPC - E
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.
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FAQ
About High Point,, The Parade, Kent
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