We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · CT20 3LB
Listing removedListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free and ready for its next owners, this well-presented two double bedroom terraced home is located on the ever-popular St Martins Road in Cheriton, a quiet no-through road offering a peaceful setting while remaining exceptionally well connected.
The property is ideally positioned just under a mile from Folkestone West railway station, providing high-speed links to London, and benefits from excellent access to the M20 motorway and Channel Tunnel.
Inside, the accommodation is arranged over two floors and is presented in good order throughout.
The ground floor comprises a welcoming entrance hall, a comfortable lounge, a spacious kitchen/diner that works perfectly for everyday living and entertaining, a lean-to conservatory providing additional useful space, and a well-appointed family bathroom.
Upstairs, there are two generously sized double bedrooms, both offering ample space for furnishings.
Externally, the property continues to impress with an approximate 70ft rear garden, mainly laid to lawn, offering plenty of space for outdoor enjoyment and potential to extend, subject to the necessary planning permissions, as seen with other homes along the road.
To the front, there is hardstanding providing off-street parking, the current owners are looking into replacing the front driveway.
The location is a real highlight, with Cheriton High Street close by offering a range of independent shops, supermarkets, and everyday amenities.
Well-regarded local schooling is available at both primary and secondary levels, including Morehall Primary School, Turner Free School and Harvey Grammar School.
Leisure facilities are also nearby, while Folkestone town centre and seafront are within easy reach.
Around 1.5 miles to the east lies the vibrant port town of Folkestone, home to the Creative Quarter and the increasingly popular Harbour Arm, offering an excellent mix of food, drink, entertainment and cultural attractions.
With its sought-after location, long garden, off-street parking and spacious bedrooms, this home represents a fantastic opportunity for first-time buyers, downsizers or investors alike.
Early viewing is highly recommended to fully appreciate all that this property has to offer.
Value & comps
No previous sales on record.
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 asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
.png)
FAQ
About 40, St. Martins Road, Folkestone
Explore nearby