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See how verdicts work3-bedroom flat · CT20 2LQ
Sold STCListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the highly sought-after Sandgate Road, this impressive ground-floor apartment offers a rare opportunity to acquire a spacious three-bedroom ground floor apartment full of character, potential and a large rear garden!
Upon entering, you are welcomed by a generous entrance hallway and living area. The three well-proportioned bedrooms provide ample space and comfort, creating the perfect setting for rest and retreat.
To the rear, a substantial private garden offers a wonderful extension of the living space, ideal for outdoor dining, entertaining, or simply enjoying the warmer months.
While the property would benefit from modernisation, it presents enormous potential for buyers looking to create a truly special home.
With a wealth of original features waiting to be restored and enhanced, this is a unique opportunity not to be missed.
Early viewing is highly recommended for this excellent property which is being sold chain free.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
FOL260114/2 Location The West End of Folkestone is lined with period properties and also features The Grand with it's beautiful seaside promenade, frequented at the turn of the century by Royalty and High Society.
There are plenty of bars, cafes and restaurants as well as numerous shops and local amenities.
The nearby harbour area includes the renown Rocksalt restaurant and a huge regeneration programme, together with the already established 'creative quarter'.
Within a short walk from the high speed rail station, offering fast services to St Pancras in under an hour and with well regarded primary and secondary schools within close proximity.
Folkestone is being recognised by commuters as the perfect place to be with its well priced housing stock, easy access to London and glorious situation by the sea.
Easy access to the continent by Eurostar services, the Channel Tunnel at Cheriton and ferries via Dover harbour. The M20 motorway is within easy access also.
Gardens We understand that the property is being sold with the gardens to the front and rear of the building. Side access.
Lease Details We have been informed by our vendor that the property has a 999 year lease from 25th December 1978.
Service Charge We have been informed by our vendor that the service charge is £1920 per annum.
Ground Rent We have been informed by our vendor that there is no ground rent payable for this property.
Council Tax Band - C EPC Rating EPC - D Agents Note The property is being offered for sale on behalf of a corporate client and will be sold strictly subject to the client’s terms and conditions.
The sale process may require the issuance of a public notice and will be conducted in accordance with all applicable statutory and regulatory requirements.
The corporate client reserves the right to amend, withdraw, or vary the sale process at its sole discretion, and no binding commitment shall arise until formal contracts are exchanged in accordance with the stated terms.
Services All services to the property have been switched off and where appropriate, drained down.
The services will not be switched back on, the responsibility of organising the services being switching back will be the sole responsibility of the purchaser once completion has taken place.
The services have not been tested and no guarantee or warranty is offered with the sale.
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.
Area
Agent & docs

FAQ
About Sandgate Road, Folkestone, Kent, CT20
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