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Guildhall Street, Folkestone, Kent, CT20 - Image 1
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Guildhall Street, Folkestone, Kent, CT20

South East

£85,000
Listed on 23/03/2026

Property Details

Bedrooms
1
Type
Apartment
Area
586 sqft

Description

This one-bedroom lower ground floor apartment presents a compelling renovation opportunity for cash buyers looking to invest in a property with great potential. Situated just a short stroll from the vibrant town center, mainline railway station, and picturesque harbor area, this home offers both privacy and convenience. The apartment is in need of complete modernization, providing a blank canvas for renovation enthusiasts. Noteworthy features include a private entrance and access to a charming rear garden. With approximately 59 years left on the lease and no onward chain, this property is poised for transformation into a desirable living space or rental investment. Its close proximity to Folkestone's amenities and high-speed train services to London make it an attractive proposition for those willing to undertake refurbishment.

Investment Analysis

(CT20 area)

Below Market Value

This property is priced -51.5% below area average per sq ft

-51.5%
Potential saving
This Property
£145/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£256
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£192,864
10% above area average per sq ft
Potential ROI
+54.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CT20)

Area prices are stable by -1.5% over the last 12 months
3 year growth: +5.6%
5 year growth: +16.6%
Investment Disclaimer: Analysis based on CT20 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

Guildhall Street, Folkestone, Kent, CT20
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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
£307
Based on a loan of £63,750 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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