Rendezvous Street, Folkestone, Kent, CT20
South East
£250,000
Listed on 29/10/2026
Listed on 29/10/2026
The listing
Property details
Bedrooms
5Type
Block Of ApartmentsArea
925 sqftDescription
This vacant coach house contains two self-contained flats, both described as requiring refurbishment. The ground-floor flat has an open-plan kitchen and living area, two bedrooms and a family bathroom. Above it, a maisonette is arranged over two levels, with a kitchen and living or dining space, two bedrooms on the main level and two further loft rooms described as bedrooms.
The building offers scope to modernise the existing accommodation and consider rental or resale use. The listing also refers to earlier planning permission for a larger redevelopment scheme involving the demolition of three rear flats and construction of nine homes; it states that acquiring the third flat would be necessary before resubmitting an application. Any planning position and the possibility of purchasing additional parts of the building would need to be checked with the agent and relevant authorities.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
48out of 100
Grade ELow opportunity
Confidence: MEDIUM
At £250,000, this is priced below the local average per square foot, giving buyers a cheaper entry point into a substantial detached coach house arranged as two self-contained flats. The visible interiors offer plenty to reshape: both kitchens and bathrooms are older, finishes and flooring are tired, and one bathroom has damaged wall surfaces. The loft rooms, with their sloping ceilings and exposed timbers, add character and flexibility to the upper maisonette.
The caution is the overall arithmetic: the asking price plus a mid-to-substantial programme of works leaves the project stretched against local benchmarks for this floor area. That comparison is with current local average value, not a forecast of what the flats might be worth after renovation. There is no obvious major roof or structural failure in the submitted views, but this is a substantial two-flat project rather than a cosmetic refresh.
Key opportunities
- Rework and modernise the two existing flats, with scope to refresh both kitchens and make the living areas feel more cohesive.
- Improve the upper maisonette’s flexible loft accommodation, making considered use of its sloping ceilings and exposed timbers.
- Bring tired finishes, worn flooring and the damaged bathroom wall surfaces up to a consistent standard across the visible interiors.
Key risks
- The asking price and substantial works programme leave the overall outlay stretched against local benchmarks for this floor area, limiting the margin on the current figures.
- Worn finishes and damaged bathroom wall surfaces across the visible areas make this a multi-room, heavy programme; allow for a longer, more involved job than a cosmetic refresh.
- Budget carefully — economics look thin after allowing for the asking price and a non-cosmetic works programme — roughly 14% above what comparable floor area achieves locally in current condition — current-condition benchmarks only, not after-works GDV.
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Transport
Nearest stations
Folkestone Central Rail Station
0.5 miles
Train · Folkestone
Folkestone West Rail Station
1.2 miles
Train · Folkestone
Hythe Station (RHDR)
4.8 miles
Metro · Hythe
Sandling Rail Station
5.0 miles
Train · Sandling
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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