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South East
£150,000
Listed on 04/09/2026
Listed on 04/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom terraced home in Folkestone presents an exciting opportunity for buyers looking to create a space tailored to their own style. Priced at £150,000, the property is notably cheap at £180 per square foot, significantly below the local average of £303 per square foot. This affordability opens the door for renovation enthusiasts to acquire a project that allows for substantial value creation.
However, the extensive visible wear and damage throughout the property signals that this will be a heavy renovation project. The interiors, including the living spaces and bedrooms, show signs of neglect and potential damp, while both the kitchen and bathroom are dated and in need of complete refurbishment. All-in costs, estimated between £250,000 and £300,000, may feel tight against local benchmarks, indicating that careful planning will be essential to ensure a successful transformation. With no onward chain, this property is ready for a new owner to take on the challenge and realize its potential.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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