1-bedroom flat · CT19 6ET
To rentReduced £50 (−6.7%) on 14 OctListed 34 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Recently Refurbished One Bedroom Ground Floor Flat - Folkestone A well-presented and recently refurbished one-bedroom ground floor flat, offering bright and comfortable accommodation in a convenient Folkestone location.
The property has been refreshed throughout to provide a clean, modern finish and comprises a good-sized living area, fitted kitchen, double bedroom and bathroom.
Being situated on the ground floor, the flat also offers easy and practical access.
Ideally positioned for local shops, amenities and transport links, with Folkestone town centre and its wide range of shopping, cafés and restaurants within easy reach.
Folkestone Central railway station also provides excellent connections, including high-speed services to London.
This landlord will only consider applicants with an income of at least £22,500 per annum.
Forms of considered income are: Basic salary for contracted hours only Tax Credits Pensions or a mixture of these.
Where a Guarantor (individual) is required, their earnings must be as follows £24,750 and a homeowner or £27000 if not a homeowner. All sources of income must be evidenced by official documentation.
To ensure fairness, all applicants are assessed individually against our standard affordability criteria.
We fully consider all legal forms of income, including employment earnings, pensions, and state benefits such as Personal Independence Payment (pip) or Disability Living Allowance (dla).
In cases where an applicant does not meet the independent affordability threshold, the application may still be considered with a suitable Guarantor who meets our criteria Once you have been successfully chosen for a property by the landlord you will be required to pay a week's deposit on the property before referencing commences.
This secures the property for you and it will be removed from further marketing.
This deposit on completion of a successful reference will be set against the remainder of the deposit due before moving in.
Should you wish to pull out of the process you can do with a minimum of 7 days written notice (written or email, not text) before you are due to move in.
After this period, you will forfeit your deposit. If the landlord wishes to remove the property from the market you receive, in full, your holding deposit.
As part of this reference process you will be checked on several criteria as follows if you fail any of the below you can lose your deposit: 1.
Credit Score: The application form clearly states whether you have any adverse credit or CCJs/iva. This must be filled in as part of your application.
Landlord insurance policies and mortgages can require that there is no adverse credit inclusive of CCJs, iva and Bankruptcies.
By signing the reference form, you are consenting and assuming responsibility to the information being correct. 2.
Workplace reference: Lettings in A box will contact your employer for a workplace reference this will include your guaranteed Salary without any overtime or commission. Any probation periods. 3.
Residency: This will include a landlord reference.
This will include Rent (how much and if they have been any problems paying it), time at the property, when you are free to leave, and importantly would they rent to you again.
Council Tax Band: A (Folkestone & Hythe District Council) Deposit: £750 Holding Deposit: £173.07
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.
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
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FAQ
About 74A Marshall Street, Folkestone
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