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Ashley Avenue, Folkestone

South East

£230,000
Listed on 22/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
973 sqft

Description

Located in a highly sought-after area of Cheriton, this mid-terrace house presents a valuable opportunity for those looking to invest or first-time buyers eager to tailor their living space. The property is in need of comprehensive modernization, making it a blank canvas for personal touches. Comprising two spacious bedrooms, it caters well to small families, couples, or individuals seeking tranquility. The ground floor features a generous open-plan living and dining area, alongside a kitchen that overlooks the lengthy rear garden. An adjoining utility porch provides convenient access to the outside space. Upstairs, you’ll find two ample bedrooms plus a practical shower room/W.C. Outside, the extensive westerly-facing rear garden is lined with various shrubs and includes a sizable garden store that holds potential for future development – perhaps a garage or hardstanding for off-road parking. Conveniently situated near local amenities such as shops, schools, and parks, this property also benefits from excellent transportation links including regular bus services and nearby Folkestone West train station offering speedy access to London St Pancras in under an hour. The vibrant community atmosphere and nearby coastal scenery enhance its appeal as an attractive residential area. This mid-terrace offers exciting renovation potential and is available with no upward chain, making it an ideal choice for those looking to establish themselves in one of Kent’s most desirable locations.

Investment Analysis

(CT19 area)

Below Market Value

This property is priced -21.0% below area average per sq ft

-21.0%
Potential saving
This Property
£236/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£264
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£320,073
10% above area average per sq ft
Potential ROI
+18.5%
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

Ashley Avenue, Folkestone
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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