1-bedroom house · CT19 5BW
Listing removedReduced £5 (−0.7%) on 1 AugListed 150 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 9 bedroom houseshare is situated next to the Royal Victoria Hospital in the popular Radnor Park area of Folkestone.
Features: 🔶 All Bills Included 🔶 Separate Laundry Room 🔶 Large kitchen/Dining Room 🔶 Furnished ensuite Double Bedroom 🔶 Regular Cleaner 🏡 The House: The communal areas comprise of a large modern fitted kitchen diner with TV, separate utility room, 3 shared shower rooms.
Outside you have access to a shared rear garden and if you own a car, on street parking is available subject to purchasing a parking permit from the local authority, subject to availability.
The rooms come with all bills, WiFi and council tax (F) included in your rent. 🛏 The Room: Room 1: £750pcm. (Approx Measurements: 4m x 3.3m).
Double bedroom on the ground floor at the front of the property.
It comes furnished with a double bed and bedside table, 4 cube storage unit with drawers, a desk and a wardrobe as well as its own ensuite shower room (Approx Measurements: 1.8m x 1.3m).
🚎 Local Amenities: • 6 minute walk to Folkestone Central (0.3mile) • 13 minute walk to Morrisons (0.6mile) • 13 minute walk to Folkestone high street (0.6mile) 🛟 The house is professionally managed by Lifeboat Lettings.
🟧 This is suitable for a single occupancy only due to licensing restrictions.
Due to the shared nature of the property, pets are generally not suitable; however, any requests will be assessed on a case-by-case basis in line with current legislation.
WiFi is included in the rent, however, tenants do not have the ability to change provider on the open market or install their own.
There is no known issue or restriction on mobile coverage at this property, to confirm your current provider for this area, check the Ofcom website.
🟧 References will be required which will include a credit check to confirm the prospective tenant has a clear credit history (no ccj's).
The prospective tenant can choose to pay 5 weeks rent deposit or a deposit replacement option is available via reposit subject to a minimum fee of £150.
We will also need to confirm an annual income of at least £22,500 from the prospective tenant.
🟧 You will need to pay a holding deposit equivalent to one week's rent per tenancy to reserve a property or room.
Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right to Rent check provide materially significant false or misleading information or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
At the point of signing the tenancy agreement, we will refund the holding deposit to you.
This will usually be by way of making an equivalent deduction from the move in monies required from you before check in.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About RM1 1RPR, Radnor Park Road, Folkestone, Folkestone
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