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Cheriton Road, Folkestone, CT19

South East

£110,000
Listed on 11/10/2025

Property Details

Bedrooms
1
Type
Flat

Description

Nestled within a well-connected area of Folkestone, this top-floor one-bedroom flat is primed for those seeking a renovation project with strong investment potential. Just a short stroll from Folkestone West Train Station, the property offers convenience for commuters along with access to local shops and amenities. The flat features a functional layout with a lounge that benefits from ample natural light due to its elevated position. A separate kitchen provides the opportunity for modernization, and the double bedroom offers a comfortable space that can be transformed into a cozy retreat. The bathroom, while in need of updating, presents additional possibilities for enhancement. With a lease extending over 117 years and no onward chain, this property is suitable for both first-time buyers and seasoned investors looking to add value through refurbishment. The solid foundation and size of the rooms suggest that with thoughtful design choices and updates, this flat could significantly increase in appeal and market value. Combining accessibility to transport links with renovation potential, this property stands out as an ideal chance to invest in an area that continues to attract interest.

Investment Analysis

(CT19 area)
Area Average
£299/sq ft
Avg Rent (weekly)
£264
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (CT19)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -1.4%
5 year growth: 17.4%
Investment Disclaimer: Analysis based on CT19 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Cheriton Road, Folkestone, CT19
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£403
Based on a loan of £82,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE