Homewise says ..
Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to your personal circumstances and requirements. Your price may vary. OVER 60s could benefit from SAVINGS of up to 59% from the market value with a one-off payment for a Lifetime Lease on this property. £159,000 GUIDE PRIC...
Property Oracle says ..
This property is a three-bedroom apartment located in Trinity Gardens, Folkestone. It’s described as a newly renovated property for over 60’s, suitable for a ‘Home for Life Lifetime Lease’. The provided images showcase a modern interior with a newly fitted kitchen and bathroom, suggesting a good standard of finish. The property’s location offers convenient access to Folkestone Central train station and various schools, although more information on the immediate surrounding area would be required for a complete location assessment. A small garden is included, but its size and condition need further clarification. The price of £159,000 needs to be considered in the context of the lifetime lease offered; it’s likely significantly lower than the market value of a freehold property of similar size and condition in the area. Potential buyers need to carefully analyze the terms and conditions of the lifetime lease to understand the financial implications and potential benefits. Overall, the property is presented well and could be attractive to a targeted buyer, but thorough due diligence and lease agreement review are essential before making any purchase decision.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 7
- Location
- 7
- Land
- 4
- Bedrooms
- 3
- Bathrooms
- 1
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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
- 34.00 %Unchanged by 0.00 %
Agent Activity
Homewise created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Earlscliffe (Sussex Summer Schools Ltd) | Other Independent School | Good | 0.64 KM |
| School Of English Studies | Miscellaneous | 0.69 KM | |
| Compass Community School Coastal Park | Other Independent Special School | Requires improvement | 0.80 KM |
| Christ Church Cep Academy, Folkestone | Academy Converter | Good | 0.97 KM |
| Stella Maris Catholic Primary School | Academy Converter | Good | 1.19 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Clifton Mansions | £ 0 | 0 | 0.00 KM |
| Primrose House | £ 0 | 0 | 0.00 KM |
| Cliffestone Court | £ 180,000 | 0 | 0.00 KM |
| Cliffe House | £ 975,000 | 0 | 0.00 KM |
| Albion Mews Road | £ 100,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Folkestone Central | 5035 | FKC | 0.64 KM |
| Folkestone West | 5027 | FKW | 1.79 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Trinity Gardens, Folkestone, Kent | £ 250,000 | BUY | 6 / 10 | 0.00 KM |
| Trinity Gardens, Folkestone, CT20 | £ 190,000 | BUY | 6 / 10 | 0.00 KM |
| Trinity Gardens, Folkestone, Kent, CT20 | £ 240,000 | BUY | 5 / 10 | 0.00 KM |
| Trinity Gardens, Folkestone, Kent, CT20 | £ 240,000 | BUY | 6 / 10 | 0.00 KM |
| Trinity Gardens, Folkestone, CT20 | £ 250,000 | BUY | 5 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 16a Augusta Gardens | £ 140,000 | 0.06 KM |
| 14 Augusta Gardens | £ 330,000 | 0.06 KM |
| 47e Augusta Gardens | £ 42,000 | 0.11 KM |
| 47g Augusta Gardens | £ 110,000 | 0.11 KM |
| 47b Augusta Gardens | £ 120,000 | 0.11 KM |