1-bedroom flat · CT20 1HA
To rentListed 79 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2988977.
I bedroom spacious maisonette over two floors in Folkestone Town Centre Combi boiler Central heating double glazing - flat is comfortable and affordable to heat and wash in.
Modern Shower bath for those who prefer both options . Kitchenette as part of living room .
Some white goods available if required - cooker, under counter fridge with small freezer compartment, Washing Machine Carpeted throughout . Fully redecorated .
Vinyl in kitchen needs changing - sucessful applicant may choose style of their own preference as part of pre tenancy agreement. Town centre 3 minutes walk.
Bus station 4 minutes Train station 12 minutes walk .
Limited on street parking but two public car parks nearby ( one of which less than a minutes walk from front door ) which offer long term parking permits .
Local Authority is Folkestone and Hythe for further details. All of the town centre amenities are pretty much on the doorstep . Wetherspoons is a 1 minute walk or less.
Lidl - 3 minutes, Asda 6 minutes. Cinema 3 minutes . Chemist ( Boots ) and banks all less than 5 minutes walk. All utilities separately metered - water, gas and electric . Council tax band A .
EPC = C Full electrical safety report.Gas check ( CP12 ) valid until January 2027 Working people above 30 years old preferred . Some pets may not be allowed and no smokers.
No Vapers Households supported completely by Universal Credit will usually need a suitable full time working guarantor ( preferably a Homeowner ) to pass affordability reference checks and is also a requirement of building insurance terms and conditions.
References required including Credit check, two year employment and rental/ mortgage payment ( if applicable ) history along with character references.
Enquiries are primarily welcomed from working people who wish to occupy themselves. Ordinarily Sub letting through business entities and agents is not possible.
In exceptional circumstances a business sub let may be possible but only with legally protected monies held as surety .
Any agent wishing to make an approach should bear this in mind and make their commercial interest known from first contact.
Agent's with less than that minimum criteria cannot be progressed to a tenancy so kindly do not ask if this applies to you .
Summary & Exclusions: - Rent Amount: £775.00 per month (£178.85 per week) - Deposit / Bond: £894.23 - 1 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 31 August 2026 - Maximum number of tenants is 2 - Students welcome to enquire - No Smokers - Bills not included - No Parking Available - No Garden Access - EPC Rating: C If calling, please quote reference: 2988977 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
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
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FAQ
About Flat, Grace Hill, Folkestone
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