Flat 2, 39 Risborough Lane, Folkestone, CT19 4JH
By SmoothSale
£ 105,000
Reviews
2 out of 5 stars
SmoothSale says ..
This meticulously maintained 1-bedroom apartment presents an exceptional investment opportunity. Sold with tenants in situ, the property boasts a convenient location close to amenities and transport links, all offered at a competitive price.
Property Oracle says ..
This one-bedroom flat located at Flat 2, 39 Risborough Lane, Folkestone, is marketed as a ready-to-let investment property. Its prime position on Cheriton High Street provides easy access to local amenities and transportation, making it convenient for tenants. The close proximity to several schools further enhances its appeal to families and young professionals. While the apartment’s condition appears to be satisfactory, with clean interiors and neutral decor, images show a standard and uninspired finish with little in the way of unique features. Its main drawback is the complete lack of outdoor space, a common limitation with flats. The listing price should be considered in relation to comparable properties of similar size and condition on the street and the advantages of having tenants in situ, but limited information prevents a more precise conclusion on its value in the current market. The lack of plot size data is also notable, potentially hiding some important factors influencing the overall price. The relatively modern design may appeal to buyers who prefer contemporary living spaces and the property’s status as a ready-to-let property also has the potential to attract investors.
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
- 6
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 564.90
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
- 321,653.00 £Decreased by 5.87 %
- Est sale value
- 272,846.70 £Increased by 44.18 %
- Average area rental value
- 1,132.00 £/moDecreased by 15.08 %
- Est letting value
- 564.90 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.22 %Decreased by 9.83 %
- Crime Rate
- 52.00 %Unchanged by 0.00 %
Agent Activity
SmoothSale created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| All Soul'S Church Of England Primary School | Academy Converter | 0.04 KM | |
| Harcourt Primary School | Foundation School | Good | 0.66 KM |
| Birchwood | Pupil Referral Unit | Good | 0.68 KM |
| Turner Free School | Free Schools | 0.80 KM | |
| Morehall Primary School And Nursery | Academy Sponsor Led | Good | 0.99 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Risborough Way | £ 0 | 0 | 0.00 KM |
| Cherrybrook Road | £ 500,000 | 0 | 0.00 KM |
| Milky Whey | £ 0 | 0 | 0.00 KM |
| Woodfield Avenue | £ 300,000 | 0 | 0.00 KM |
| Kings Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Folkestone West | 5027 | FKW | 1.37 KM |
| Folkestone Central | 5035 | FKC | 3.10 KM |
| Sandling | 5025 | SDG | 8.40 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Cheriton High Street, Folkestone, CT19 | £ 675,000 | BUY | 5 / 10 | 0.06 KM |
| Cheriton High Street, Folkestone, CT19 | £ 675,000 | BUY | 4 / 10 | 0.06 KM |
| Broomfield Road, Folkestone, Kent | £ 200,000 | BUY | 6 / 10 | 0.09 KM |
| Risborough Lane, Folkestone, CT19 | £ 115,000 | BUY | 6 / 10 | 0.09 KM |
| Flat 7, 39 Risborough Lane, Folkestone, Kent, CT19 4JH | £ 55,000 | BUY | 5 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 32 Risborough Lane | £ 90,500 | 0.10 KM |
| 16 Risborough Lane | £ 213,000 | 0.10 KM |
| 24 Risborough Lane | £ 124,500 | 0.10 KM |
| 12 Risborough Lane | £ 115,000 | 0.10 KM |
| 29 Risborough Lane | £ 162,000 | 0.10 KM |