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Hill Road, Folkestone, Kent, CT19

South East

£250,000
Listed on 01/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
804 sqft

Description

Nestled on the sought-after Hill Road in Folkestone, this three-bedroom end-terraced house offers a unique opportunity for those interested in renovation and investment. With a layout ripe for modernization, potential buyers can envision a space that reflects their personal style and enhances its market value. Upon entry, a welcoming entrance hall leads to a generous lounge area, providing an inviting space for both relaxation and social gatherings. The separate kitchen is well-sized, presenting ample opportunities for reconfiguration or upgrades to create an open-plan living experience. Additionally, the convenience of a ground-floor shower room adds to the practicality of daily life. The upper level comprises three comfortably sized bedrooms, each offering flexibility to accommodate family needs, guests, or even a home office setup. These rooms can easily be customized to improve functionality and aesthetics. Outdoor space is equally appealing with a south-west facing rear garden that promises sun-soaked afternoons and evenings—perfect for leisurely enjoyment or entertaining guests. This property comes chain-free, facilitating an easy transition into ownership. The spacious interior coupled with its prime location—close to local shops, schools, and public transport—positions it as not only a potential home but also as an investment opportunity in an area experiencing ongoing regeneration. Folkestone has garnered recognition as one of the best places to live in the South East by The Times in 2024. The town’s recent revitalization efforts have enhanced its appeal further, with new commercial developments underway around the town center and harbor area. Residents enjoy access to various boutiques, restaurants, and attractions along with efficient transport links including two High-Speed Rail connections that facilitate commutes to London in under an hour. As this vibrant community continues to evolve and grow, this property stands out as an excellent candidate for those looking to invest in both lifestyle and potential future equity gains.

Investment Analysis

(CT19 area)

Above Market Value

This property is priced +4.0% above area average per sq ft

+4.0%
This Property
£311/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£264
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£264,480
10% above area average per sq ft
Potential ROI
-10.3%
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

Hill Road, 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
£916
Based on a loan of £187,500 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