1-bedroom flat · CT19 4DW
To rentListed 17 days
Opportunity summary
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About
PROPERTY DETAILS MARTIN&CO are delighted to present this well-presented one bedroom first floor apartment, ideally situated on Cheriton Road in Folkestone.
Offering a modern finish throughout and well-proportioned accommodation.
The property comprises a spacious lounge with access leading to the private balcony, offering a pleasant spot to enjoy some fresh air and relax.
The property also features a well-proportioned double bedroom, providing ample space for a bed and additional bedroom furniture.
The bedroom leads through to a modern bathroom, which is fitted with a contemporary white suite and includes a bath with shower over, wash hand basin and WC.
Throughout, the apartment benefits from a modern and neutral finish, allowing the property to be easily personalised to suit a tenant's individual style.
Situated on Cheriton Road, the property is conveniently located for a range of local amenities, including shops, cafés and everyday services.
Folkestone West railway station is also within walking distance, providing excellent rail connections and making the property particularly convenient for commuters.
Folkestone town centre and the wider amenities of the area are also easily accessible.
APPLICANT PROFILE Applicants are assessed on affordability: this property is available to applicants with a combined annual income of at least £25,500.
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 £195.00 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
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FAQ
About Cheriton Road, Folkestone
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