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See how verdicts work3-bedroom house · CT19 6JN
Listing removedReduced £10k (−4%) on 24 SepListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This three-bedroom terraced home offers well-proportioned accommodation across two floors and presents an excellent opportunity for buyers looking to add value through light refurbishment.
The ground floor comprises a welcoming entrance hall leading into a bright lounge to the front, with a separate dining area positioned centrally, creating a natural flow through the home.
To the rear, there is a fitted kitchen which opens into an extension room, ideal for use as a second reception space, home office or garden room with direct access out to the rear garden.
A useful cupboard located off the hallway is currently utilised as a utility space, housing a washing machine and tumble dryer.
This area was formerly a downstairs WC, with plumbing still in place, offering scope for reinstatement if desired.
Upstairs, the property features three bedrooms, including two comfortable doubles and a third single room, ideal as a nursery or study.
The family bathroom is well-sized and already benefits from plumbing provisions to install a separate shower, allowing for the creation of a four-piece bathroom suite.
Externally, the property enjoys a good-size, low-maintenance rear garden, perfect for those seeking outdoor space without extensive upkeep.
To the front, there is the added benefit of off-street parking.
Overall, this is a fantastic opportunity to acquire a property in a sought-after location close to Folkestone’s beach, offering plenty of potential to modernise and personalise.
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
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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
Agent & docs
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FAQ
About 101, Wood Avenue, Folkestone
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