2-bedroom flat · CT20 2BB
To rentListed 4 days
Opportunity summary
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About
A two bedroom, top (3rd) floor flat situated within the town centre. Convenient for bus routes, town centre shops and amenities.
The famous and historic Leas is a short walk away with the beach, Harbour Arm, Sunny Sands, etc, all easily accessible. The accommodation comprises of: • Bright Living room.
• Two good sized bedrooms, one with a quaint nook that could be used as a snug or reading area/play area. • A bathroom with bath, basin and w/c. • Fitted kitchen with cooker & hob and vinyl flooring.
Electric night storage heating. Applicant requirements: • Minimum household income of £22,500 per annum. • No adverse credit history. • Applicants must successfully complete referencing.
Council Tax Band: A
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.
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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 Cheriton Place, Folkestone, Kent, CT20
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