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See how verdicts work3-bedroom house · CT19 6EG
For saleReduced £10k (−4.2%) on 27 AugListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market chain free, this beautifully presented three-bedroom mid-terrace house on Alexandra Street represents an exceptional opportunity for first-time buyers ready to step onto the property ladder or investors seeking a proven rental income.
Previously let with an impressive yield of approximately 6-7%, this versatile home combines comfortable family living with genuine investment potential in one of Folkestone's most conveniently located streets.
A welcoming entrance porch leads into the bright lounge positioned at the front of the property, creating a warm and inviting space perfect for relaxing after a long day.
The separate dining room offers wonderful flexibility for family meals, entertaining guests, or could easily serve as a home office for those embracing hybrid working.
The well-appointed kitchen features modern fitted units, a built-in oven with gas hob for those who take their cooking seriously, and an efficient combi boiler providing hot water on demand while keeping energy bills manageable.
Practical planning has allowed for dedicated space for a washing machine, keeping everything conveniently to hand.
The ground floor is completed by a stylish family bathroom finished to an high standard with tiled walls and flooring, featuring a bath with shower over that offers the best of both worlds the luxury of a relaxing soak when time permits or the convenience of a quick shower when life moves at a faster pace.
Upstairs, you'll find three well-proportioned bedrooms that make this house a true family home.
Two generous double bedrooms both benefit from built-in wardrobes, maximising floor space and providing ample storage for clothing and belongings.
The third bedroom is a good-sized single, perfect as a child's room, comfortable guest accommodation, or a dedicated study space.
Outside, the private courtyard garden has been laid with large paving slabs, creating a low-maintenance outdoor space ideal for busy lifestyles.
There's room for a dining table and chairs, perfect for summer barbecues and alfresco dining, or the courtyard presents a blank canvas ready to be reimagined and landscaped to suit your personal vision.
The location truly sets this property apart. Daily essentials are moments away with Tesco Express just 0.1 miles from your front door, eliminating the need for lengthy supermarket trips.
Families will be delighted to find two well-regarded primary schools within half a mile, making the school run refreshingly straightforward, while convenient bus routes connect to local secondary schools as children grow.
For weekend adventures and coastal living at its finest, Folkestone Harbour is a mere 0.7 miles away, offering stunning seafront walks, independent cafés, artisan restaurants, and the vibrant Creative Quarter that has transformed Folkestone into one of the South East's most exciting coastal destinations.
Whether you're searching for your first home in a location where everything you need is within easy reach, or you're looking to add a reliable income-generating asset to your property portfolio, this chain-free property ticks every box.
Well presented throughout, sensibly laid out, and ready for immediate occupation, homes like this in such convenient locations are always in high demand.
Properties of this calibre do not linger on the market. To secure your viewing and avoid disappointment, contact our team at Ewemove Folkestone & Hawkinge today.
*Footnote* The staged photos you see are CGI
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.
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FAQ
About 42, Alexandra Street, Folkestone
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