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 work3-bedroom house · CT19 5SF
Sold STCReduced £10k (−3.3%) on 24 AugListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market ready to move in, this exceptionally stylish and impressively proportioned three-double-bedroom terraced home presents an outstanding opportunity for first-time buyers, growing families, or discerning investors seeking a move-in-ready property in a thriving coastal town.
The property has been fully refurbished to an excellent standard, creating a modern, low maintenance home that is ready to move straight into.
The property has undergone an extensive refurbishment, with major improvements completed throughout to create a modern, comfortable and low-maintenance home.
Works completed include: - Full external render, together with acoustic insulation, sound-resistant plasterboard and newly plastered walls and ceilings throughout - Substantial roof upgrades, including works to the main roof, dormer and leadwork - New a-rated windows and external doors - Complete electrical rewire, including a new consumer unit and hardwired smoke and heat alarms - Completely new central heating system, including new pipework, radiators and a new boiler with a 10-year warranty - Smart heating controls, allowing the heating to be managed remotely from your phone - New solid flooring installed throughout beneath the finished floor coverings, with oak herringbone flooring, new carpets and bathroom flooring - New fitted kitchen, bathroom and separate utility room - New internal joinery throughout, including doors, skirting boards and architraves - Newly painted and decorated throughout - Front and rear gardens fully landscaped, with new fencing and designed to be easy to maintain The refurbishment has covered the major elements of the property, both internally and externally, with considerable care taken over the specification and finish throughout.
Buyers can move in with confidence knowing the property has been extensively upgraded, with the roofing, windows, heating, electrics, insulation, internal finishes, flooring, kitchen, bathroom and external areas all recently completed.
The result is a well finished, energy efficient and low maintenance home, with the major works already taken care of and very little required other than moving in and enjoying it.
Situated in one of Kent's most rapidly growing coastal hotspots, the location could not be better.
Positioned just 0.7 miles from Folkestone Central Station, commuters can take advantage of regular High-Speed 1 (HS1) rail services reaching London St Pancras International in under 55 minutes.
A short 0.9-mile stroll brings you directly to the renowned Folkestone Harbour Arm and historic Creative Quarter, where you can immerse yourself in a vibrant coastal lifestyle filled with artisan coffee shops, world-class street food vendors, independent boutiques, live music, and scenic walking routes along the shoreline.
This turn-key property is ready for its next owner to move straight in and immediately start enjoying the very best of Folkestone living.
Early internal viewings are highly recommended to fully appreciate the space and quality on 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
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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
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FAQ
About 3, Fernbank Crescent, Folkestone
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