2-bedroom flat · CT20 2RE
No longer listedListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3066716. Key Features & Benefits 93sq.m. (980 sq.feet) Enormous 1 bedroom apartment which can also be used as a 2 bedroom by using the 30sq.m.
Kitchen as a kitchen/lounge, and the giant lounge as a bedroom (please study floorplan to check this suits before requesting a viewing) 8 mn walk to Folkestone Central Station - easy commute to London, buses nearby Very high ceilings, Original period features Enormous rooms with feature fireplace Conservatory Private garden Gas central heating, new boiler, fridge/freezer, washing machine.
No dishwasher.
Off road parking space available (extra £35/month) Availability November 23rd 2026 - subject to agreement with existing tenant Description: Enormous 1 / 2 bedroom apartment with original period features situated on the upper ground floor in a well maintained block.
Rooms are currently in different colours but this can be changed. The kitchen with open plan conservatory / diner leads onto a low maintenance, private garden.
There is potential for this to be a two bed apartment if the lounge is used as a very large master bedroom and that the conservatory is used as a lounge.
Eligibility: For a working person / couple who meet the income threshold (income to exceed x2.5 the cost of rent). No, sharers, smokers, or DSS.
Documents and landlord references will be verified prior to signing. Costs: Candidates with pets and/or children: Allow an extra £50/month for wear and tear per pet/additional person in the property.
Council tax is about £140/ month, less if you live alone Furnishings: The carpets in the bedroom+the large room will be mid-grey and the walls light grey: Updated photos to follow once the redecoration is done.
The only furniture that comes with the flat is as follows, you can see these items on the photos:*2 seater sofa (not the other items on the photos)*1 Glass display unit*Super king bed base with headboard + Mattress *Kitchen table and chairs.
The fence will need replacing soon and can discuss when that happens.
Before booking a viewing, please confirm - when you are looking from and how long for (preferred length of lease) and that you (or you and partner): - are employed since more than 6 months with a household income of over £3000/ month - or that you are self-employed and showing an annual return of over £36,000 - that you have a guarantor Candidates who do not meet the above criteria, don't have verifiable landlord references, have ccj's or live on benefits will not be accepted.
Please only request viewings if you meet the criteria and will have the documents/references ready for verification.
Summary & Exclusions: - Rent Amount: £1,185.00 per month (£273.46 per week) - Deposit / Bond: £1,367.00 - 2 Bedrooms - 1 Bathrooms - Property comes furnished - Available to move in from 23 November 2026 - Maximum number of tenants is 1 - No Students - No Smokers - Bills not included - Property has parking - Property has garden access - Property has fireplace - EPC Rating: D If calling, please quote reference: 3066716 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
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
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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 Flat, Castle Hill Avenue Flat, Folkestone
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