2-bedroom flat · CT20 1EU
For saleReduced £20k (−7.1%) on 22 OctListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stylish Garden Flat In The Heart Of Folkestone Beautifully refurbished from top to bottom, this stylish two-bedroom garden flat offers a fantastic opportunity to enjoy modern living in a highly convenient central Folkestone location.
Ideally positioned within easy reach of the High Street, Folkestone Central Station and the town’s many shops, cafés and restaurants, the property combines beautifully presented accommodation with impressive outdoor space.
The spacious living room features a large bay window, creating a bright and welcoming heart to the home.
The modern kitchen is finished to a high standard and opens directly onto the private rear garden, making it ideal for both everyday living and entertaining.
There are two generous double bedrooms, each benefiting from its own bespoke bathroom, providing excellent flexibility and comfort for residents and guests alike.
The property has been comprehensively refurbished, including new electrics and plumbing, as well as additional insulation designed to improve both heat retention and sound reduction.
Externally, the property benefits from both private front and rear gardens, along with its own private entrance.
Further advantages include a share of the freehold and the property being offered chain free.
A beautifully finished garden flat in a superb central location, offering spacious accommodation, private South facing gardens and the convenience of being just moments from everything Folkestone has to offer.
EPC Rating D Material Information Construction Type/Material: Brick and Block /Slate tiles.
Broadband Coverage: To check broadband and mobile phone coverage please visit Ofcom here: Identification Checks If an offer is accepted on a property marketed by Miles & Barr, all purchasers are required to complete id verification checks.
This is a legal obligation under Anti-Money Laundering Regulations. We use a specialist third-party company to carry out these checks.
The fee is £60 (including VAT) per person or £120 (including VAT) if purchasing under a company name, payable once the offer is agreed and before the sales memorandum is issued.
Please note that this charge is non-refundable.
Location Summary Awarded Best Place to Live in The South East by The Times 2024; This coastal town is the very model of modern regeneration for shipshape and stylish living.
Folkestone has seen much regeneration over the past few years, with much more planned going forward, especially surrounding the town centre and Harbour.
Folkestone has a large array of shops, boutiques and restaurants as well as many hotels and tourist attractions.
Folkestone is fortunate to have two High Speed Rail links to London, both offering a London commute in under an hour.
There are great transport links to surrounding towns and cities and easy access to the continent too.
With so much going on and with the future bright, Folkestone is an excellent location to both live and invest in.
Entrance Hall Kitchen (8' 2" x 9' 10") Bedroom (14' 2" x 10' 7") Ensuite Bathroom Bedroom (8' 2" x 11' 0") Lounge (14' 2" x 19' 5")
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
FAQ
About Basement Flat, 27, Millfield, Kent
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