1-bedroom flat · CT20 2QW
Listing removedReduced £200 (−10%) on 17 AugListed 146 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2920059. Short Term (1-6 months) lets only. All bills included.
'The Apartment' is a stunning, recently converted (2024) one bedroom basement flat, comprising the entire lower ground floor (approx. 90m2) of a beautiful Victorian property dating from 1887.
Accessed via its own entrance, separate from the main house, the bright and spacious living quarters boast a newly fitted, fully equipped open plan kitchen/living/dining area, alongside a large double bedroom with super-king bed (with a super comfortable Eve memory foam mattress!), lots of storage space, and a dedicated workspace.
High speed internet access (fibre broadband) is available throughout the property, and free off-street parking is provided as standard.
We also have an EV charge point available for your convenience (additional fees apply - please enquire).
'The Apartment' includes a large bathroom with a powerful rain shower, washing machine, ironing board etc.
An ideal base from which to explore the local area, located a short (5 minute) walk from Folkestone Central station (central London in under an hour), the harbour arm / Creative Quarter (10 minutes).
Please note that whilst every effort has been made to create an environment suitable for all ages, given its basement location, The Apartment is not ideally suited to those with mobility issues, or elderly folk who may require more specialist provision.
Do ask us though - we will always do what we can to accommodate your needs.
Summary & Exclusions: - Rent Amount: £2,000.00 per month (£461.54 per week) - Deposit / Bond: £500.00 - 1 Bedrooms - 1 Bathrooms - Property comes furnished - Available to move in from 02 August 2026 - Maximum number of tenants is 2 - No Students - No Smokers - Bills Included - Property has parking - No Garden Access - EPC Rating: EPC Not Required (Holiday Let: Less than 4 months usage per year) If calling, please quote reference: 2920059 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Property Reference two million nine hundred and twenty thousand and fifty-nine
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 The Apartment, Kingsnorth Gardens, Folkestone
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