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See how verdicts work3-bedroom bungalow · CT18 7AE
Sold STCReduced £120k (−12%) on 7 JulListed 292 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £1,100,000 - £1,200,000 Set within approximately 3.5 acres of idyllic Kent countryside, this exceptional three-bedroom bungalow presents a rare and versatile opportunity on the outskirts of Folkestone, combining rural tranquillity with excellent accessibility.
Approached via a large private driveway, the property enjoys extensive infrastructure including multiple workshops, sheds and garages, making it ideally suited for those seeking home business potential, equestrian or hobby use, or multi-functional living.
To the rear and side, expansive paddocks provide open views and a true sense of space, while a substantial area of hard standing-historically used as a Spitfire pen-adds a unique and characterful feature, offering further practical or development appeal.
The bungalow itself is well presented with large rooms and options to expand offering scope to create a grand family home, a rural retreat, or explore development potential (subject to necessary consents)-an opportunity of this scale and flexibility is rarely available in such a sought-after location.
Offered to the market with no onward chain, this is a truly distinctive countryside property where lifestyle, history and potential converge.
Identification Checks Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances. Location Summary Made up of the old and the new, Hawkinge is fast becoming one of the most popular places to be in the Folkestone area.
Having a huge range of home styles from terraced houses all the way up to detached barns and executive homes, Hawkinge has all you need.
The area has a great reputation for local schooling and the transport links to the surrounding big cities are fantastic.
Approximately 12 miles from the city of Canterbury and 3 miles from the seaside town of Folkestone in the county of Kent.
The village itself is nestled on top of the North Downs overlooking views of the Romney Marsh and Channel.
The village boasts its own community centre, two schools, shops, village hall, a cricket club, a church and three pubs in the vicinity with excellent restaurants and two riding schools.
Built on a former airfield a few historic buildings remain and the Kent Battle of Britain Museum is still located.
Ground Floor Porch Hall Lounge (16' 1" x 11' 11") Kitchen/Diner (23' 6" x 11' 4") WC Utility Room (10' 6" x 8' 7") Conservatory (11' 11" x 8' 7") Bathroom (8' 1" x 9' 1") Bedroom (11' 2" x 8' 8") Bedroom (14' 0" x 12' 0") Bedroom (14' 0" x 11' 3")
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Gibraltar Farm,, Gibraltar Lane, Folkestone
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