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 · CT20 2QP
Sold STCListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented Victorian garden flat opposite Kingsnorth Gardens, close to shops and mainline station.
Situation Facing the beautiful Kingsnorth Gardens with its fountains and peaceful setting this appealing ground floor apartment is just a short walk from Folkestone Central station and a little further to the town centre and seafront with Sunny Sands beach, Folkestone Harbour and the regenerated Harbour Arm which enjoys a bustling atmosphere with many pop-up restaurants.
The Old High Street within the creative quarter has many charming cafes and eateries, whilst fine dining can be found at the renowned Rocksalt restaurant, with its views over the harbour.
The property is conveniently located for educational facilities including the EKC Folkestone College, the highly recommended Sandgate Primary School and both Boys and Girls Grammar Schools.
For commuters, the HS1 rail link from Folkestone Central to London St Pancras is within walking distance, whilst the M20 motorway can be found on the outskirts of town, placing Ashford and beyond within easy reach.
The Channel Tunnel terminal is...
Property A light and spacious late Victorian garden flat, dating from 1891, is full of original features typical of the period including high ceilings and skirting boards, picture rails, stunning fireplaces and with the added benefit of basement accommodation.
Stepping in from the communal entrance hall the property feels light and airy with an inviting hallway giving access to all the rooms and leading one's eye to the large 22ft kitchen / dining room with a stunning vaulted ceiling and kitchen in cream shaker units, beech block worktops and French Navy crackle tile splash backs.
It is well equipped with a Smeg oven and hob and integrated white goods.
The large sitting room with ornate fireplace, stunning ceiling mouldings and chandelier, has an adjoining garden room, once thought to be an orchid house.
There are two double bedrooms both with fireplaces and original features, the bathroom has a modern white suite with walk-in shower. A further occasional basement bedroom or...
Entrance Hallway Kitchen/Dining Room 22' 8'' x 11' 4'' (6.90m x 3.45m) Sitting Room 18' 6'' x 12' 8'' (5.63m x 3.86m) Master Bedroom 19' 9'' x 12' 8'' (6.02m x 3.86m) Bedroom Two 11' 5'' x 10' 5'' (3.48m x 3.17m) Shower Room 8' 4'' x 6' 8'' (2.54m x 2.03m) Conservatory 11' 1'' x 4' 4'' (3.38m x 1.32m) Occasional basement room 11' 0'' x 10' 1'' (3.35m x 3.07m) Bathroom 10' 0'' x 5' 1'' (3.05m x 1.55m) Outside There is a wonderful large rear garden (c.100ft) with sizeable patio accessed from both the garden room or the kitchen / dining room.
Beyond the patio the garden is laid to a neat lawn, with borders to both sides and stocked with a fascinating variety of shrubs and trees including, ginkgo, loquat and medlar to name but a few.
A summerhouse sits halfway down the garden and there are also two useful sheds.
A lockable side gate gives direct and flat level access to the front Services All mains services re understood to be connected.
Tenure & Maintenance Charges Tenure: Long lease with a 1/3 Share of Freehold Maintenance: £700 per annum
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
FAQ
About Kingsnorth Gardens, Folkestone O.I.E.O £365,000
Explore nearby