2-bedroom house · CT20 1JE
For saleReduced £20k (−10%) on 14 AugListed 171 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away in a quiet no-through road, this charming two-bedroom terraced home offers a peaceful setting while remaining within easy reach of some of the area’s most popular coastal attractions.
The property features a bright open-plan living space, creating a welcoming and versatile environment ideal for both relaxing and entertaining.
A modern kitchen and bathroom add a stylish, contemporary finish, while the new boiler provides added comfort and peace of mind for prospective buyers.
Upstairs, you’ll find two well-proportioned bedrooms, perfectly suited for first-time buyers, downsizers, or those seeking a seaside retreat.
Outside, the home benefits from a secure rear garden, offering a private outdoor space to enjoy throughout the year.
Offered chain free, the property is ideally positioned just a short distance from the vibrant Folkestone Harbour Arm and the characterful Old High Street, with their selection of independent shops, cafés, and coastal walks-making this an excellent opportunity to enjoy convenient living close to the heart of the town These details are yet to be approved by the vendor.
Identification Checks If an offer is accepted on a property marketed by Miles & Barr, all purchasers are required to complete id verification checks.
This is a legal obligation under Anti-Money Laundering Regulations. We use a specialist third-party company to carry out these checks.
The fee is £60 (including VAT) per person or £120 (including VAT) if purchasing under a company name, payable once the offer is agreed and before the sales memorandum is issued.
Please note that this charge is non-refundable.
Location Summary Awarded Best Place to Live in The South East by The Times 2024; This coastal town is the very model of modern regeneration for shipshape and stylish living.
Folkestone has seen much regeneration over the past few years, with much more planned going forward, especially surrounding the town centre and Harbour.
Folkestone has a large array of shops, boutiques and restaurants as well as many hotels and tourist attractions.
Folkestone is fortunate to have two High Speed Rail links to London, both offering a London commute in under an hour.
There are great transport links to surrounding towns and cities and easy access to the continent too.
With so much going on and with the future bright, Folkestone is an excellent location to both live and invest in.
Ground Floor Lounge/Diner (11' 1" x 22' 2") Kitchen (8' 11" x 6' 7") First Floor Bedroom (14' 0" x 10' 1") Bedroom (8' 0" x 11' 5") Bathroom (9' 4" x 6' 7")
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.
Area
Agent & docs
FAQ
About 12, Peter Street, Folkestone
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