Studio flat · CT20 3BZ
Listing removedReduced £50 (−5.6%) on 23 JunListed 140 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sandgate is a charming and popular village! If you want to be very close to the sea and enjoy a cosmopolitan village vibe, this one bedroom flat is for you.
Vacant now and ready for you to move straight in. Please note that there are steps up to the front door and there is a staircase inside the flat leading to a rear courtyard access.
It is not a recreation area for this flat.
This landlord will only consider applicants with an income of at least £24,000 per annum (jointly), this is based on basic salary for contracted hours only and pensions.
If you are claiming any benefits you will require a working Guarantor. Prospective applicants who do not fit this profile need not apply.
Where a Guarantor (Individual) is required their earnings must be a home owner with an income of not less than £28,800 per annum.
A holding deposit of £173.08 is payable upon acceptance of your application, once paid the referencing will be submitted and the property secured.
Should you fail referencing due to not disclosing information or you pull out you will not be refunded the holding deposit.
If the Landlord wishes to remove the property from the market you will receive in full your holding deposit.
Fcc Paragon will check all income and will contact your employer, earnings must be evidenced by documents. Applicants cannot be considered without the above income requirement also being met.
Consideration is given to those who are legally disabled or in receipt of Personal Independence Payment (pip), formerly Disability Living Allowance (dla).
All applicants are expected to have a clean credit score and a positive landlord reference if they are currently in rented accommodation.
Applicants will be asked to produce government issued photographic id as well as a recent proof of address such as a utility bill, a council tax bill or a letter from your employer, but not a bank statement or a mobile phone bill.
We would ask for your cooperation in order that there will be no delay in agreeing the let (subject to references and subject to contract).
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.
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 146, Sandgate High Street,, Folkestone
Explore nearby