4-bedroom house · CT19 5AS
For saleReduced £20k (−6.7%) on 22 SepListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the highly sought-after Radnor Park Crescent, just moments from the station in Folkestone, this substantial freehold property presents an exciting and versatile opportunity for investors, developers, or those seeking to create a magnificent family home in a prime location.
Currently arranged as two separate flats, the accommodation comprises a well-proportioned one-bedroom garden flat, complete with its own cellar, alongside a spacious three-bedroom maisonette occupying the upper two floors.
Offered with vacant possession on completion and available chain free, the property provides immediate flexibility for its next owner.
Whether retained in its current configuration as an attractive investment to re-let, or thoughtfully converted back into one grand period residence, the potential here is considerable.
Set within one of Folkestone’s most desirable crescents, with its elegant architecture and exceptional convenience, this is a rare opportunity to acquire a property with both character and scope in a highly coveted setting.
Please note that there is currently a tenant in-situ and they could be required to be given up to 2 months’ notice to vacate the property.
Material Information Construction Type/Materials: To Follow Broadband Coverage: To check broadband and mobile phone coverage please visit Ofcom here: Identification Checks If an offer is accepted on a property marketed by Miles & Barr, all purchasers are required to complete id verification checks.
This is a legal obligation under Anti-Money Laundering Regulations. We use a specialist third-party company to carry out these checks.
The fee is £60 (including VAT) per person or £120 (including VAT) if purchasing under a company name, payable once the offer is agreed and before the sales memorandum is issued.
Please note that this charge is non-refundable.
Location Summary Awarded Best Place to Live in The South East by The Times 2024; This coastal town is the very model of modern regeneration for shipshape and stylish living.
Folkestone has seen much regeneration over the past few years, with much more planned going forward, especially surrounding the town centre and Harbour.
Folkestone has a large array of shops, boutiques and restaurants as well as many hotels and tourist attractions.
Folkestone is fortunate to have two High Speed Rail links to London, both offering a London commute in under an hour.
There are great transport links to surrounding towns and cities and easy access to the continent too.
With so much going on and with the future bright, Folkestone is an excellent location to both live and invest in.
Flat One Ground Floor Living Room (16' 4" x 11' 5") Bedroom (11' 4" x 9' 11") Kitchen (14' 7" x 9' 7") Bathroom Basement Cellar (24' 7" x 5' 2") Flat Two Ground Floor Living Room (16' 4" x 15' 10") Bedroom (11' 4" x 9' 11") WC Kitchen (10' 5" x 10' 1") First Floor Bedroom (16' 4" x 15' 3") Bedroom (9' 11" x 9' 2") Bathroom
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 42, Radnor Park Crescent, Kent
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