1-bedroom flat · CT19 5AL
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property number 54196. Enquire through Rightmove's messaging system and we'll respond within 5 minutes, 24/7.
🏡 This flat is situated on the ground floor and comprises of an entrance hallway, shower room (approx measurements 2.9m x 1.2m), double bedroom (approx measurements 5.1m x 2m), reception room (approx measurements 3.6m x 3.5m) and a modern fitted kitchen (approx measurements 3.3m x 2.1m) with integrated oven.
The flat benefits from being double glazed and gas central heating If you own a car, on street parking is available subject to purchasing a parking permit from the local authority, subject to availability.
EPC Rating D (66), Council Tax Band B.
🚎 Local Amenities: - 5 minute drive to M20 Junction 13 - 0.25 mile walk to Radnor Park and Folkestone Central station - 10 minute walk to Folkestone Town Centre 🛟 The house is professionally managed by Lifeboat Lettings.
🟧 Suitable for couple or family. Pets may be considered on a case-by-case basis, subject to suitability of the property and landlord approval, in line with current legislation.
There is no known issue or restriction on mobile coverage at this property, to confirm your current provider for this area, check the Ofcom website.
🟧 References will be required which will include a credit check to confirm the prospective tenant has a clear credit history (no CCJ's).
The prospective tenant can choose to pay 5 weeks rent deposit or a deposit replacement option is available via REPOSIT subject to a minimum fee of £150.
We will also need to confirm an annual income of at least £23,850 from the prospective tenant.
🟧 You will need to pay a holding deposit equivalent to one week's rent per tenancy to reserve a property or room.
Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right to Rent check provide materially significant false or misleading information or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
At the point of signing the tenancy agreement, we will refund the holding deposit to you.
This will usually be by way of making an equivalent deduction from the move in monies required from you before check in.
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
Agent & docs
FAQ
About Broadmead Road, Folkestone, CT19 5AL
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