2-bedroom flat · CT19 6LG
For saleListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
MARTIN&CO are delighted to offer this spacious two-bedroom maisonette in the popular George Gurr Crescent area of Folkestone.
The property offers well-proportioned accommodation, comprising a generous living room with sea views, a separate kitchen, two good-sized bedrooms, with the main bedroom also enjoying sea views, and a bathroom with shower over the bath.
A particular highlight is the generous garden, featuring a large lawned area and a superb raised decking area with a pergola and seating, creating the perfect space for relaxing, entertaining and enjoying the warmer months.
The garden offers plenty of room to make the most of outdoor living, with the added appeal of sea views and three separate patio areas. For added space there is a large loft and a store room.
Offering approximately 688 sq ft of internal living space, this property would make an ideal purchase for first-time buyers, couples or investors.
LIVING ROOM 14' 6" x 14' 6" (4.42m x 4.42m) KITCHEN 12' 0" x 9' 11" (3.66m x 3.02m) BEDROOM 12' 9" x 12' 9" (3.89m x 3.89m) BEDROOM 10' 6" x 10' 7" (3.2m x 3.23m) BATHROOM 5' 6" x 6' 8" (1.68m x 2.03m) TENURE: We have been informed by our Vendor that the lease FOR THE PROPERTY has approximately 111 years remaining.
SERVICE CHARGE: We have been informed by our Vendor that the service charge is £532.44 per annum. GROUND RENT: We have been informed by our Vendor that the ground rent is £10.00 per annum.
EPC: D COUNCIL TAX BAND: A MONEY LAUNDERING REGULATIONS: Intended Buyers will be asked to produce photographic ID as well as a recent proof of address and we would ask for your cooperation in order that there will be no delay in agreeing the sale (subject to contract) IMPORTANT NOTE TO BUYERS: Whilst we endeavour to make our sales details accurate and reliable, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the information.
Do so, particularly if contemplating travelling some distance to view the property.
All measurements have been taken using a sonic / laser tape measure and therefore, may be subject to a small margin of error. All Measurements are Approximate.
The mention of any appliances and/or services within these Sales Particulars does not imply they are in full and efficient working order.
Our team of highly qualified Financial Consultants can provide you with up to the minute information on many of the rates available. To arrange an appointment, telephone this office.
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOANS SECURED ON IT. Full written quotation available on request. A suitable life policy may be required.
Loans subject to status. Minimum age 18
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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About George Gurr Crescent, Folkestone
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