2-bedroom flat · CT20 2RE
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Reeds Rains are delighted to bring to the market this well presented two bedroom apartment in Folkestone's popular West End location.
The apartment is well located and comprises of a separate modern, west facing kitchen is light and spacious and leads off the bright and sunny living/dining area benefitting from a number of traditional character features.
The property benefits from two good size bedrooms and a family bathroom. Outside there is a private garage to the rear of the building.
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.
FOL260208/8 Location Situated in the elegant tree-lined Castle Hill Avenue, this property is located just a short stroll from The Leas promenade (around five minutes).
A ten minute walk from the high speed rail station, offering fast services to St Pancras in under an hour and with well regarded primary and secondary schools within walking distance.
The two centre and beach are around a ten minute walk from the property with Sainsburys supermarket and Tesco express also nearby.
Folkestone is fast being recognised by commuters as the perfect place to be with it's well priced housing stock, easy access to London and glorious situation by the sea.
The West End of Folkestone is lined with period properties and also features The Grand with it's beautiful seaside promenade, frequented at the turn of the century by Royalty and High Society.
There are plenty of bars, cafes and restaurants as well as numerous shops and local amenities.
The nearby harbour area includes the renown Rocksalt restaurant and (truncated) Directions From Folkestone central station, turn right heading underneath the railway bridge along Shorncliffe Road.
At the roundabout adjacent to Kingsnorth Gardens, proceed straight ahead (second exit) into Castle Hill Avenue. The property can then be found on your left hand side of the road.
Lease Details We have been informed by our vendor that the property has a 157 year lease from 2017. Lease Expiry Date - 22nd December 2174 Service Charge Waiting vendor approval.
Ground Rent We have been informed by our vendor that the ground rent is a peppercorn. Council Tax Band - B EPC Rating EPC - C
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 advisors 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 Flat D, 42, Castle Hill Avenue, Kent
Explore nearby