The Leas, Folkestone, Kent, CT20
RE

The Leas, Folkestone, Kent, CT20

By Reeds Rains

£ 350,000

Reviews

2 out of 5 stars

Reeds Rains says ..

An excellent sea view apartment offering spacious light and airy accommodation in the highly favoured Metropole in the West End of Folkestone. Situated on the second floor with with sea views which overlook The Leas and the English Channel with far reaching views out to France. The apartment is o...

Property Oracle says ..

This property is a three-bedroom apartment situated within The Metropole on The Leas in Folkestone. The building is a striking example of Victorian architecture with commanding views across the English Channel. The apartment’s location is a major asset, offering immediate access to the seafront promenade and Folkestone’s vibrant town center. The proximity to Folkestone Central train station provides convenient rail links to London and other parts of the UK.

The interior, however, requires significant modernization. The images reveal outdated décor, carpets and furnishings. The kitchen and bathrooms are particularly dated and would require considerable investment. Potential buyers should budget for renovation costs to upgrade the apartment to meet current standards. The absence of private outdoor space is a noteworthy drawback, although this is often typical of properties in similar locations.

Overall, this property presents a unique opportunity to acquire a large apartment in a prestigious coastal location. However, the need for significant renovation work must be carefully weighed against the asking price. A thorough survey is essential for any prospective buyer.

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
5
Location
8
Land
1
Bedrooms
3
Bathrooms
2
Sqft (est)
1,089.31

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 £
Est sale value
332,239.55 £
Increased by 6.27 %
from 312,631.97 £
Average area rental value
1,278.00 £/mo
Increased by 20.45 %
from 1,061.00 £/mo
Est letting value
2,178.62 £/mo
Increased by 100.00 %
from 1,089.31 £/mo
Est rental Yield
7.98 %
Increased by 86.89 %
from 4.27 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
School Of English StudiesMiscellaneous0.59 KM
Earlscliffe (Sussex Summer Schools Ltd)Other Independent SchoolGood0.73 KM
Compass Community School Coastal ParkOther Independent Special SchoolRequires improvement1.20 KM
The Folkestone School For GirlsAcademy ConverterOutstanding1.30 KM
Sandgate Primary SchoolCommunity SchoolGood1.35 KM

Images

The Metropole The Metropole Sea View Kitchen The Metropole Bedroom 1 Living Room The Metropole The Metropole The Metropole Living Room Bedroom 2 Bedroom 3 Communal Entrance Communal Hallway The Metropole

Nearby Streets

NameAverage PriceAverage SqftDistance
Cliffe House £ 975,00000.00 KM
Clifton Mansions £ 000.00 KM
Cliffestone Court £ 180,00000.00 KM
Primrose House £ 000.00 KM
Wellfield Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Folkestone Central5035FKC1.16 KM
Folkestone West5027FKW1.46 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Leas, Folkestone, Kent, CT20 £ 350,000BUY5 / 100.00 KM
The Grand, The Leas, Folkestone, CT20 £ 295,000BUY7 / 100.01 KM
The Metropole, The Leas, Folkestone, CT20 £ 250,000BUY6 / 100.03 KM
Metropole Road East, Folkestone, CT20 £ 270,000BUYUnknown0.04 KM
The Leas, Folkestone, CT20 £ 325,000BUY7 / 100.07 KM

Nearby Properties

AddressPriceDistance
206 The Metropole £ 122,5000.07 KM
1 Metropole Court £ 107,5000.12 KM
8 Metropole Court £ 475,0000.12 KM
5a Metropole Court £ 180,0000.12 KM
4 Metropole Court £ 140,0000.12 KM