Marine Terrace, Folkestone, CT20
MI

Marine Terrace, Folkestone, CT20

By Miles & Barr

£ 130,000

Reviews

2 out of 5 stars

Miles & Barr says ..

Introducing this two-bedroom flat, situated on the third floor offering a sea glimpse and contemporary living within a desirable location.

Property Oracle says ..

This two-bedroom flat in Folkestone, located on Marine Terrace near Folkestone Harbour, presents a potentially attractive investment opportunity. The property appears to have undergone recent renovation, evident in the relatively modern fixtures and fittings. While the images showcase a clean and tidy interior, some finishing work seems outstanding. The kitchen, for example, lacks full completion, with some minor damages present in the flooring. The overall condition of the property, therefore, can be best described as a work in progress, but the initial renovation work has been done. The flat’s location in a desirable seaside town, close to transport links and highly-rated schools, adds to its appeal. However, the absence of any external space, such as a garden or balcony, might be a drawback for some buyers. While comparable properties are listed, the lack of detailed pricing data including plot size and the average square footage cost in the local area makes a definitive price comparison challenging. Thus, the property’s price seems within the reasonable range for the area, but further investigation is recommended to ensure optimal value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
467.69

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
496,875.00 £
Increased by 49.75 %
from 331,806.00 £
Est sale value
229,168.10 £
Increased by 47.15 %
from 155,740.77 £
Average area rental value
750.00 £/mo
Decreased by 31.26 %
from 1,091.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 467.69 £/mo
Est rental Yield
1.81 %
Decreased by 54.18 %
from 3.95 %
Crime Rate
26.00 %
Unchanged by 0.00 %
from 26.00 %

Agent Activity

  • Miles & Barr marked this listing as sold.

  • Miles & Barr created the listing.

Nearby Schools

NameTypeOfstedDistance
St Eanswythe'S Church Of England Primary SchoolAcademy ConverterOutstanding0.22 KM
Folkestone, St Peter'S Church Of England Primary SchoolVoluntary Controlled SchoolGood0.51 KM
Folkestone Early Years CentreChildren's Centre0.57 KM
Christ Church Cep Academy, FolkestoneAcademy ConverterGood1.07 KM
The Village Children'S CentreChildren's Centre1.20 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
George Lane £ 000.00 KM
Bayle Street £ 000.00 KM
Market Place £ 000.00 KM
Road Of Remembrance £ 000.00 KM
Saint Michael's Street £ 100,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Folkestone Central5035FKC1.68 KM
Folkestone West5027FKW3.40 KM

Nearby Listings

AddressPriceTypeScoreDistance
6 Marine Terrace, Folkestone, CT20 £ 145,000BUY6 / 100.01 KM
Marine Terrace, Folkestone, CT20 £ 140,000BUY6 / 100.01 KM
Marine Terrace, Folkestone, Kent, CT20 £ 150,000BUY6 / 100.02 KM
Marine Parade Mews, Folkestone, Kent, CT20 £ 275,000BUY5 / 100.03 KM
Marine Terrace, Folkestone, Kent, CT20 £ 125,000BUY5 / 100.03 KM

Nearby Properties

AddressPriceDistance
3 Marine Terrace £ 86,0000.01 KM
36 The Bayle £ 320,0000.15 KM
9 The Bayle £ 223,0000.15 KM
15 The Bayle £ 190,0000.15 KM
1 - 3 The Bayle £ 250,0000.15 KM