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

South East

£48,000Guide Price

Listed on 01/07/2026

Property details

Bedrooms
1
Type
Apartment

Description

This one-bedroom lower ground floor apartment presents an excellent investment opportunity for buyers looking to undertake a significant renovation project. Located conveniently near Folkestone's town centre and mainline railway station, this property is just a short distance from the beach and local amenities, making it a prime candidate for revitalization. The apartment features a private garden, which could enhance its appeal further post-renovation. However, it will require complete modernisation throughout to reach its full potential. This property is being offered with a short lease of approximately 59 years remaining and comes with no onward chain, facilitating a smoother purchase process. Offered at auction alongside Clive Emson Auctioneers on 23rd July 2026, this is an opportunity not to be missed by those seeking a project in a vibrant area.

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Investment analysis

(CT20 area)
Area Average
£303/sq ft
Avg Rent (weekly)
£248
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CT20)

Area prices are falling by -3.0% over the last 12 months
3 year growth: +5.1%
5 year growth: +8.4%
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

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£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£181
Based on a loan of £36,000 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-43.5% since listed
£48,000£37,000(-43.5%)
01/07/2026
Current price
£85,000Initial listing
24/03/2026

Next Steps

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