Grace Hill, Folkestone, CT20
MI

Grace Hill, Folkestone, CT20

By Miles & Barr

£ 675,000

Reviews

2 out of 5 stars

Miles & Barr says ..

Situated in the heart of the bustling coastal town of Folkestone, we are delighted to offer a lucrative investment opportunity by presenting this well-appointed block of six flats to the market. This property, which generates a substantial annual income of £47,500, has been well maintained and pr...

Property Oracle says ..

The property is a large house in Folkestone, Kent, listed at £675,000. It boasts 9 bedrooms and 6 bathrooms. Folkestone Central train station is conveniently located just 1.20 KM away, offering good transport links. Several primary schools are within a 1 KM radius, including St Eanswythe’S Church of England Primary School which has an ‘Outstanding’ Ofsted rating. This is a positive aspect for families. The images reveal that the property is in need of significant modernisation and cleaning. Many rooms appear cluttered and unclean, suggesting a lack of recent maintenance. The kitchen and bathrooms show signs of wear and tear, requiring updates. Therefore, the overall condition is below average. While the exact plot size is unavailable, the photos do not suggest a significant garden. Further information is needed to accurately assess the land aspect. Given the property’s condition, the lack of information regarding plot size and the absence of square footage data, it’s difficult to determine a precise price per square foot. However, comparing the list price of £675,000 to nearby property listings which are significantly lower in price, the asking price appears high given the property’s current state. A thorough renovation would be needed which would significantly increase the cost of acquisition. More detailed information on the property’s square footage and plot size, as well as a professional survey, would be necessary to provide a more informed opinion on the price.

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
4
Condition
4
Location
7
Land
0
Bedrooms
9
Bathrooms
6

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
192,063.00 £
Decreased by 35.58 %
from 298,143.00 £
Average area rental value
1,278.00 £/mo
Increased by 20.45 %
from 1,061.00 £/mo
Est rental Yield
7.98 %
Increased by 86.89 %
from 4.27 %
Crime Rate
29.00 %
Unchanged by 0.00 %
from 29.00 %

Agent Activity

  • Miles & Barr created the listing.

Nearby Schools

NameTypeOfstedDistance
Folkestone Early Years CentreChildren's Centre0.22 KM
St Eanswythe'S Church Of England Primary SchoolAcademy ConverterOutstanding0.37 KM
Christ Church Cep Academy, FolkestoneAcademy ConverterGood0.56 KM
Mundella Primary SchoolAcademy Converter0.70 KM
Folkestone, St Peter'S Church Of England Primary SchoolVoluntary Controlled SchoolGood0.80 KM

Images

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Folkestone Central5035FKC1.20 KM
Folkestone West5027FKW2.93 KM

Nearby Listings

AddressPriceTypeScoreDistance
Grace Hill, Folkestone, CT20 £ 675,000BUY4 / 100.00 KM
Foord Road South, Folkestone £ 165,000BUYUnknown0.03 KM
Foord Road South, Folkestone, Kent, CT20 £ 90,000BUY5 / 100.04 KM
Foord Road South, Folkestone, Kent, CT20 £ 165,000BUY7 / 100.07 KM
Bradstone Road, Folkestone, CT20 £ 149,500BUYUnknown0.09 KM

Nearby Properties

AddressPriceDistance
20 Foord Road South £ 200,0000.05 KM
14 Foord Road South £ 85,5000.05 KM
16 Foord Road South £ 130,0000.05 KM
16a Foord Road South £ 77,0000.05 KM
12 Foord Road South £ 342,5000.05 KM