
South East
£1,200,000
Listed on 25/10/2026
Listed on 25/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
At £1.2m, the asking price is exceptionally low against the local £/sqf benchmark, making the acquisition price a clear strength. The standing two-storey building, substantial surrounding land and established Folkestone setting offer a distinctive canvas: the description outlines a possible residential conversion, while the open and hardstanding areas could support parking, amenity space and landscaping. The exterior views show the pitched roofs and elevations intact, but the internal condition cannot be assessed from the photos, and the wider development ideas need their own feasibility and consent checks.
This is a substantial project rather than a cosmetic refresh: the building was formerly interconnected for telecommunications, some services cabling and pipework have been removed, and the grounds need attention. The overall score is tempered by the limited evidence on renovation economics, so the attractive price per square foot is a strong starting point, not a complete case for the scheme.
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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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