1-bedroom flat · CT19 6AW
Sold STCListed 175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
MARTIN&CO are delighted to offer this one-bedroom apartment to the market.
Situated within the St Andrews building in The Durlocks area of Folkestone, the property offers a double bedroom, reception room, kitchen and a bathroom, along with access to a communal garden and allocated parking.
Folkestone Central station is approximately a 15-20 minute walk away, providing services to London St Pancras in around 55 minutes and to Ashford International in about 20 minutes.
Nearby, Folkestone Harbour Arm, the coastal paths and local amenities in the town centre offer shopping, cafés and leisure options. The property has an EPC rating of C and Council Tax Band A.
LIVING ROOM 10' 4" x 16' 1" (3.15m x 4.9m) KITCHEN 7' 8" x 6' 9" (2.34m x 2.06m) BEDROOM 13' 8" x 8' 1" (4.17m x 2.46m) BATHROOM 5' 7" x 6' 9" (1.7m x 2.06m) LEASE: We have been informed by our Vendor that the lease FOR THE PROPERTY has approximately 970 years remaining with a share of the freehold.
SERVICE CHARGE: We have been informed by our Vendor that the service charge is £2802.06 per annum. GROUND RENT: We have been informed by our Vendor that the ground rent is £0.00 per annum.
COUNCIL TAX BAND: A EPC: C MONEY LAUNDERING REGULATIONS: Intended Buyers will be asked to produce photographic ID as well as a recent proof of address and we would ask for your cooperation in order that there will be no delay in agreeing the sale (subject to contract) IMPORTANT NOTE TO BUYERS: Whilst we endeavour to make our sales details accurate and reliable, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the information.
Do so, particularly if contemplating travelling some distance to view the property.
All measurements have been taken using a sonic / laser tape measure and therefore, may be subject to a small margin of error. All Measurements are Approximate.
The mention of any appliances and/or services within these Sales Particulars does not imply they are in full and efficient working order.
Our team of highly qualified Financial Consultants can provide you with up to the minute information on many of the rates available. To arrange an appointment, telephone this office.
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOANS SECURED ON IT. Full written quotation available on request. A suitable life policy may be required.
Loans subject to status. Minimum age 18
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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About The Durlocks, Folkestone
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