We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · CT19 5AX
For saleListed 1026 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to purchase a smart self-contained purpose-built apartment.
Positioned a short distance from the Town centre and rail station this first floor flat has been refurbished in recent years and features a balcony to the rear, 2 double bedrooms, bathroom, fitted kitchen with updated combi-boiler.
Long lease with peppercorn ground rent.
An opportunity has arisen to purchase a well presented first floor apartment within this well kept building a short distance from Folkestone Town centre and rail station.
Refurbished several years ago and featuring gas central heating, uPVC windows and a long lease of 189 yrs from 1986.
The property is currently let out on an Assured Shorthold Contract at a rent of £13.140/pa. And is thought appealing to rental investors.
Hallway Stairs from a communal lower hallway lead up to upper floor landing. Entrance door leads into hallway with doors off to all rooms.
Large built-in utility cupboard fitted with plumbing for automatic washing machine.
Living Room (4.80m (15' 9") x 3.79m (12' 5")) Positioned to the rear of the building and featuring a balcony leading from sliding patio doors.
Further double glazed window, tv satelite point, radiator, carpet as fitted. Kitchen (2.65m (8' 8") x 2.35m (7' 9")) Modern kitchen refitted in recent years.
Finished with wall and base units having gloss doors. Window to side elevation, inset sink, built-in tall fridge/freezer, electric oven, hob and fitted extractor.
Wall mounted gas central heating combi-boiler. Bedroom 1 (3.35m (11' 0") x 3.35m (11' 0")) Positioned to the front of the building, featuring uPVC window, carpet as fitted.
Bedroom 2 (3.02m (9' 11") x 2.87m (9' 5")) Rear facing with uPVC window, carpet as fitted. Bathroom (2.04m (6' 8") x 1.77m (5' 10")) Modern coloured suite recently refitted to high standard.
Bath with shower fixture over, close coupled wc, pedestal wash hand basin. Lease Details Length of Lease: 189 years from 06/1986 Service Charge: Tbc. Ground Rent: Peppercorn
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
.png){kind=logo}
FAQ
About Flat 4, Wiltie Court, Folkestone
Explore nearby
