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 %
- Average area rental value
- 1,278.00 £/moIncreased by 20.45 %
- Est rental Yield
- 7.98 %Increased by 86.89 %
- Crime Rate
- 29.00 %Unchanged by 0.00 %
Agent Activity
Miles & Barr created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Folkestone Early Years Centre | Children's Centre | 0.22 KM | |
| St Eanswythe'S Church Of England Primary School | Academy Converter | Outstanding | 0.37 KM |
| Christ Church Cep Academy, Folkestone | Academy Converter | Good | 0.56 KM |
| Mundella Primary School | Academy Converter | 0.70 KM | |
| Folkestone, St Peter'S Church Of England Primary School | Voluntary Controlled School | Good | 0.80 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Market Place | £ 0 | 0 | 0.00 KM |
| Saint Michael's Street | £ 100,000 | 0 | 0.00 KM |
| Bayle Street | £ 0 | 0 | 0.00 KM |
| George Lane | £ 0 | 0 | 0.00 KM |
| Albion Mews Road | £ 100,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Folkestone Central | 5035 | FKC | 1.20 KM |
| Folkestone West | 5027 | FKW | 2.93 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Grace Hill, Folkestone, CT20 | £ 675,000 | BUY | 4 / 10 | 0.00 KM |
| Foord Road South, Folkestone | £ 165,000 | BUY | Unknown | 0.03 KM |
| Foord Road South, Folkestone, Kent, CT20 | £ 90,000 | BUY | 5 / 10 | 0.04 KM |
| Foord Road South, Folkestone, Kent, CT20 | £ 165,000 | BUY | 7 / 10 | 0.07 KM |
| Bradstone Road, Folkestone, CT20 | £ 149,500 | BUY | Unknown | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 20 Foord Road South | £ 200,000 | 0.05 KM |
| 14 Foord Road South | £ 85,500 | 0.05 KM |
| 16 Foord Road South | £ 130,000 | 0.05 KM |
| 16a Foord Road South | £ 77,000 | 0.05 KM |
| 12 Foord Road South | £ 342,500 | 0.05 KM |