Marine Terrace, Folkestone, CT20
MI

Marine Terrace, Folkestone, CT20

By Miles & Barr

£ 160,000

Reviews

2 out of 5 stars

Miles & Barr says ..

Situated in the vibrant seaside town of Folkestone, this recently renovated two-bedroom flat offers a unique opportunity for those seeking a coastal lifestyle with excellent transport links.

Property Oracle says ..

This two-bedroom flat in Folkestone is situated on Marine Terrace, offering a potentially appealing location near Folkestone Harbour and with relatively convenient access to transportation. The property appears to have undergone recent refurbishment, as evidenced by the modern kitchen and bathroom. However, the finish appears to be more basic than high-end. A notable drawback is the complete lack of outdoor space, typical for flats. The listed price of £160,000 appears fairly consistent with the general market price for comparable properties in the area based on the limited information available. The lack of plot size and limited details for neighbouring properties make a definitive comparative analysis difficult, although available data suggests the price is in line with local averages. The property would likely be suitable for first-time buyers, investors seeking rental income, or those prioritising location and convenience over extensive outdoor space. Potential buyers should undertake thorough due diligence to ascertain the specific condition of the property and access to amenities before making a purchasing decision. Buyers should also check if the stated renovation is to a high standard or if there is any latent defect within the property which may add extra cost following a purchase.

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)
487.28

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
238,767.20 £
Increased by 47.15 %
from 162,264.24 £
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 487.28 £/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 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
11 The Bayle £ 395,0000.15 KM
1 - 3 The Bayle £ 250,0000.15 KM
14 The Bayle £ 250,0000.15 KM
Lechoix £ 420,0000.15 KM