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Stanley Road, Folkestone, Kent, CT19 - Image 1
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Stanley Road, Folkestone, Kent, CT19

South East

£240,000
Listed on 02/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
733 sqft

Description

This mid-terraced house presents a prime opportunity for renovation and investment in the desirable area of Cheriton. With two spacious double bedrooms and two reception areas, this property offers considerable potential for those looking to modernize and enhance their living space. The kitchen, while functional, could benefit from updates to align with contemporary styles. The ground floor shower room is another area ripe for improvement. Outside, the rear garden is a welcoming feature, primarily laid to lawn with mature borders, providing a blank canvas for landscaping or outdoor entertainment. Off-road parking adds practicality to this attractive offering. This property comes to market chain-free, making it an appealing choice for both homebuyers and investors ready to embark on a refurbishment project.

Investment Analysis

(CT19 area)

Above Market Value

This property is priced +9.5% above area average per sq ft

+9.5%
This Property
£327/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
£241,124
10% above area average per sq ft
Potential ROI
-13.9%
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

Stanley 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
£879
Based on a loan of £180,000 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