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See how verdicts work4-bedroom terraced house · CT19 5ER
Sold STCReduced £25k (−7.1%) on 14 SepListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market chain free, this spacious four-bedroom terraced house presents an excellent opportunity for a range of buyers, particularly first-time buyers, families and investors seeking a well-proportioned property in a popular and convenient Folkestone location.
The accommodation is arranged over three floors and provides a generous amount of living and bedroom space, making this a particularly versatile home.
On the ground floor, the property opens into a welcoming entrance hall with access to the principal living accommodation.
The spacious lounge provides a comfortable and versatile reception room, ideal for relaxing and entertaining, while the separate dining room offers a dedicated space for family meals and gatherings.
The layout gives the ground floor a good sense of separation between living and dining areas, while still providing practical everyday living space.
The kitchen is positioned to the rear of the ground floor and provides a practical area for preparing and enjoying meals.
There is also access to the property's courtyard garden, offering a private outside space which could be used for outdoor seating, entertaining or simply enjoying some fresh air during the warmer months.
Moving to the first floor, there are two well-sized bedrooms, providing excellent flexibility for families, guests or those looking to create a home office or study.
The floor is further complemented by a four-piece family bathroom, offering a bath, separate shower, wash basin and WC, as well as a separate WC, adding valuable convenience for busy households.
The second floor provides two further bedrooms, giving the property a total of four bedrooms across the upper floors.
These rooms offer a variety of potential uses depending on the needs of the new owner, with the accommodation lending itself equally well to family living, guest accommodation, working from home or an investment arrangement.
The property's generous overall layout, together with its four-bedroom accommodation and multiple reception spaces, makes it an appealing proposition for first-time buyers looking to take their first step onto the property ladder.
Equally, the configuration and location make it worthy of consideration by investors, with the potential to appeal to a broad range of tenants. Another significant benefit is the property's location.
Folkestone Central railway station is approximately half a mile away, providing convenient rail connections and making the property particularly attractive to commuters.
The property is also well placed for access to Folkestone town centre and the area's wide selection of shops, cafés, restaurants, leisure facilities and everyday amenities.
Folkestone itself offers a popular blend of coastal living, established residential areas and excellent transport links, making it an increasingly sought-after location for both homeowners and investors.
Overall, this is a well-proportioned and versatile terraced property in a popular Folkestone location, offering an excellent combination of space, convenience and potential.
Early viewing is highly recommended to fully appreciate the accommodation and the opportunities this property provides.
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 31, Watkin Road, Folkestone
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