3-bedroom semi-detached house · CT19 6AA
Sold STCListed 174 days
Opportunity summary
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About
This mixed-use commercial freehold property arguably benefits from one of the highest levels of passing footfall in the town.
-- Greg Wood, Director #TheGardenOfEngland An exciting opportunity to acquire a mixed-use freehold property in the heart of historic Folkestone Harbour offering a retail shop, independent garage to the rear, and a spacious maisonette arranged over the top two floors incorporating a large private balcony with exceptional views.
Positioned in a highly sought-after location with exceptionally high footfall, this property offers strong potential for substantial income generation and long-term investment growth.
Steeped in history, The Bethel has served a variety of purposes over the years, reflecting the rich heritage of the harbour area.
The property is currently arranged over three floors, comprising: • A ground floor commercial unit with an attractive shopfront onto Fish Market street • A rear garage/workshop space with roller door access via Back Street • A self-contained maisonette above, accessed via a separate front entrance The upper floors form a spacious three-bedroom maisonette, featuring a large balcony with stunning, uninterrupted views across the harbour, towards the Burstin Hotel and extending to the French coastline on clear days.
The maisonette has recently been operated as a successful holiday let.
The commercial unit has long operated as a well-known Shell Shop and will be offered with vacant possession from September, presenting an excellent opportunity for re-letting, redevelopment, or expansion of the commercial space to incorporate the garage.
Location: Folkestone is a vibrant and increasingly sought-after coastal town on the Kent coastline, blending historic architecture and culture with modern regeneration.
At its heart lies the bustling harbour, which has undergone significant redevelopment in recent years, transforming it into a lively destination with eateries, bars, and cultural events that attract both visitors and locals year-round.
The town is also home to the renowned Creative Quarter, a thriving hub of independent boutiques, galleries, and studios that gives Folkestone its distinctive artistic character.
Excellent transport links further enhance its appeal, with high-speed rail services from Folkestone Central providing direct connections to London in under an hour.
Ongoing investment and regeneration continue to elevate Folkestone’s profile, making it an exciting place to live, work, and invest.
Services Mains water supply Drainage – Mains drainage Heating – Gas central heating Council Tax – TBC Tenure – Freehold Flood Risk –Low Broadband – Yes – Ultrafast available Mobile Signal Coverage – Yes Data is from ‘Sprift’ via On The Market.
Our Ref: AVS260010
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.
Area
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FAQ
About The Fishmarket, Folkestone Harbour, Kent, CT19
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