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Cheriton High Street, Folkestone, Kent, CT19 - Image 1
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Cheriton High Street, Folkestone, Kent, CT19 - Image 8
Cheriton High Street, Folkestone, Kent, CT19 - Image 9

Cheriton High Street, Folkestone, Kent, CT19

South East

£230,000
Listed on 08/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
987 sqft

Description

This two-bedroom end-of-terrace property presents a unique opportunity for those seeking a renovation project in the vibrant area of Cheriton High Street. Offered with no onward chain, this home is primed for modernization and is an ideal venture for buyers or investors looking to enhance its potential. The property spans three levels and features a spacious lounge at the front, complemented by a separate dining room that offers versatile living options. At the rear, the kitchen provides direct access to a private garden, promising an excellent outdoor space for transformation or personal enjoyment. On the upper floor, you'll find two generously sized double bedrooms, alongside a bathroom and a separate WC, which can be updated to reflect contemporary standards. Conveniently situated at street level, the property includes a driveway with off-road parking for one vehicle and comes with a garage, enhancing practicality for everyday life. The location itself adds to the investment appeal. Just a short walk from Folkestone West train station, this home offers high-speed rail services to London, making it particularly attractive for commuters. The M20 motorway is also easily accessible, connecting you smoothly to surrounding areas. Cheriton has benefited from extensive regeneration efforts in recent years, revitalizing its community and increasing its desirability. With an array of shops, restaurants, and cultural attractions nearby, along with ongoing developments planned around the town center and harbor area, this locale promises growth and opportunity. This property stands out as an excellent chance to invest in an emerging area with significant potential for value appreciation.

Investment Analysis

(CT19 area)

Below Market Value

This property is priced -22.1% below area average per sq ft

-22.1%
Potential saving
This Property
£233/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£264
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£324,679
10% above area average per sq ft
Potential ROI
+20.3%
After renovation
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 High Street, Folkestone, Kent, 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
£843
Based on a loan of £172,500 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