2-bedroom flat · CT20 2EE
For saleListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
MARTIN&CO are delighted to offer this two bedroom apartment in the sought after Waldorf Apartments located on the edge of Folkestone's town centre.
The property comprises of lounge, kitchen, master bedroom with en-suite, second bedroom and bathroom. There is an allocated parking space so no need to worry about parking.
The Waldorf Apartments are within with distance of Folkestone Central train station, The Leas Promenade and lots of amenities including supermarkets, restaurants and high street shops.
ENTRANCE HALL Radiator,entryphone LOUNGE/DINER Two double glazed sash windows to front,radiator,feature fireplace KITCHEN Excellent range of modern fitted wall and base units with roll top surfaces,built in oven and hob,sink unit,plumbed for washing machine,tiled splashback,radiator BEDROOM Two double glazed windwows to front,radiator,built in wardrobe, door to ensuite EN SUITE Suite with shower cubicle,wash hand basin,low level WC,tiled splashback,radiator,tiled floor,extractor fan BEDROOM Double glazed sash window to front,radiator BATHROOM Suite comprising of panelled bath,low level WC,wash hand basin tiled floor,extractor fan ALLOCATED PARKING We understand there is an allocated parking space ( not verified ) LEASE We have been informed by our Vendor that the lease FOR THE PROPERTY has approximately 83 years remaining.
SERVICE CHARGE We have been informed by our Vendor that the service charge is £2512.00 per annum. GROUND RENT We have been informed by our Vendor that the ground rent is £400.00 per annum.
EPC EPC B COUNCIL TAX BAND We have been informed the council tax band is rating C.
MONEY LAUNDERING REGULATIONS Intended Buyers will be asked to produce photographic ID as well as a recent proof of address and we would ask for your cooperation in order that there will be no delay in agreeing the sale (subject to contract) IMPORTANT NOTE TO BUYERS Whilst we endeavour to make our sales details accurate and reliable, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the information.
Do so, particularly if contemplating travelling some distance to view the property.
All measurements have been taken using a sonic / laser tape measure and therefore, may be subject to a small margin of error. All Measurements are Approximate.
The mention of any appliances and/or services within these Sales Particulars does not imply they are in full and efficient working order.
Our team of highly qualified Financial Consultants can provide you with up to the minute information on many of the rates available. To arrange an appointment, telephone this office.
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOANS SECURED ON IT. Full written quotation available on request. A suitable life policy may be required.
Loans subject to status. Minimum age 18
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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About Waldorf Apartments, Folkestone
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