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See how verdicts work2-bedroom flat · CT19 6LB
For saleReduced £10k (−6.1%) on 20 JunListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
If you're searching for your first home, why rent when this could be ideal.
Offering a generous amount of space in a quiet location on the outskirts of Folkestone, yet within easy distance of all amenities and road connections to Ashford or Dover.
Soon to be offered with vacant possession and ready to make your own.
Providing plenty of scope for improvement and featuring two bedrooms, modern kitchen, newly fitted combination boiler and generous open plan living area with views across the town.
Viewing is highly recommended. Location Positioned a short distance out of Folkestone town centre yet still within walking distance and benefitting from a regular bus service.
Easy access is afforded to the M20 motorway junction linking Dover, Ashford and beyond. The nearby town of Hawkinge provides local shops and amenities.
Both junior and senior schools are a short distance. Hallway Access to all rooms, carpet as fitted. Built-in airing cupboard and additional storage cupboard.
Lounge (4.23m (13' 11") x 3.88m (12' 9")) Positioned on the first floor and benefitting from distant views across the town and towards the sea, the living area is South facing and gets all the sun.
Twin uPVC double glazed windows, radiator, built-in storage cupboard. Carpet as fitted. Kitchen (3.70m (12' 2") x 2.67m (8' 9")) Open plan and adjoining the living room.
Further uPVC window to South elevation.
The kitchen is fitted with a range of modern units featuring laminate fronts and worktop, inset stainless steel sink, tiled splashbacks, inset hob with electric oven below and extractor above.
Wall mounted Worcester gas combination boiler, which we are told has been recently replaced. Tiled floor with space and plumbing for automatic washing machine, tall fridge freezer.
Bedroom 1 (3.71m (12' 2") x 2.95m (9' 8")) UPVC double glazed window with radiator below. Built-in double wardrobe cupboard. Carpet as fitted.
Bedroom 2 (2.60m (8' 6") x 2.49m (8' 2")) Double glazed window, radiator below, carpet as fitted. Built-in double wardrobe cupboard.
Bathroom (2.66m (8' 9") x 1.44m (4' 9")) Fitted with bathroom suite in white with overbath shower mixer tap spray fitment. Part tiled walls, tiled floor.
Exterior The flats at Holywell Avenue benefit from extensive grounds which are maintained within the service charge. Residents drying area, car parking area and fire detection system.
Lease Details Length of Lease - 999 years Note: All flats benefit from being a member of the freehold company. Service Charge: £1300 / pa. Payable in two instalments - December and June.
Ground Rent: Nil.
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
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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.
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FAQ
About 93, Holywell Avenue, Folkestone
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