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Roman Way, Folkestone, CT19

South East

£230,000
Listed on 22/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
777 sqft

Description

This two-bedroom end-of-terrace property is located in the tranquil residential area of Cheriton, Folkestone, positioned on a generous corner lot that allows for ample outdoor space and sunlight. The interior comprises a spacious through lounge/diner that is versatile for casual living and hosting guests. On the upper floor, you'll find two well-sized double bedrooms, making this home ideal for couples, small families, or investors seeking to capitalize on its potential. With essential amenities and reputable local schools in close proximity, this residence provides an excellent opportunity for those looking to create their dream home or enhance its value through renovations. The property's sizable plot and advantageous location open up possibilities for expansion or remodeling (subject to planning permission), allowing buyers to tailor it according to their preferences.

Investment Analysis

(CT19 area)

Below Market Value

This property is priced -0.7% below area average per sq ft

-0.7%
Potential saving
This Property
£296/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£254,872
10% above area average per sq ft
Potential ROI
-2.0%
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
24%
Properties sold annually

Local Market Trend (CT19)

Area prices are stable by -1.3% over the last 12 months
3 year growth: -1.5%
5 year growth: +19.4%
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

Roman Way, Folkestone, CT19
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£830
Based on a loan of £172,500 over 30 years at 4.06% 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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