2-bedroom flat · CT19 5UX
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DW008 Being sold with no onward chain.
Set within Folkestone's popular Scholars Village development, this first-floor two-bedroom apartment offers modern, purpose-built living in a location that makes day-to-day life particularly easy.
Built circa 2015, the property combines allocated parking, excellent visitor parking and easy access to both Folkestone Central, Radnor park and the town centre.
Step inside and the apartment opens into a spacious central hallway, with the accommodation flowing naturally from here.
The standout space is undoubtedly the open-plan kitchen, dining and sitting room, which gives the apartment a bright, sociable feel and allows for clearly defined areas to cook, dine and relax without losing that free-flowing layout.
The kitchen is neatly incorporated into the room and comes with a built-in dishwasher, washing machine and fridge freezer, helping keep the overall space practical, streamlined and uncluttered.
There are two bedrooms positioned away from the main living area, with the principal bedroom particularly well proportioned and benefiting from fitted wardrobes that provide useful built-in storage.
The second bedroom offers plenty of flexibility, whether used as a guest room, home office or permanent bedroom, while the bathroom is conveniently positioned from the hallway.
The apartment also benefits from newly installed Hillarys fitted blinds, added within the last month, provide another smart finishing touch throughout.
Ruskin House was purpose-built with apartment living in mind, including soundproofing designed to help reduce noise transfer between neighbouring homes and create a quieter, more comfortable environment.
The property also offers a good sense of space without the upkeep associated with a larger house, making it particularly well suited to first-time buyers, commuters, downsizers or anyone looking for a low-maintenance base in Folkestone.
Outside, the apartment comes with its own allocated parking space for one vehicle, while an abundance of visitor parking nearby makes having friends and family over straightforward.
The location is another major strength.
Folkestone Central is within easy walking distance, making the property particularly convenient for commuters using the high-speed rail service towards London, while Folkestone town centre and its growing selection of shops, cafés, restaurants and everyday amenities are also close at hand.
With approximately 116 years remaining on the lease, a spacious open-plan layout and the increasingly valuable combination of parking, modern construction and strong transport links, this apartment offers an appealing and practical home in one of Folkestone's most convenient residential developments.
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Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Ruskin House, 1,Flat 6, Kings Way, Folkestone
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