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Stanley Road, Folkestone, CT19

South East

£1,200,000

Listed on 25/10/2026

The listing

Property details

Bedrooms
N/A
Type
Land
Area
12917 sqft

Description

A vacant two-storey building on an approximately 1,200 sq. m. site in an established residential area of Folkestone. The building provides around 250 sq. m. of accommodation and was originally three houses before being interconnected for use as a telecommunications centre. It is described as structurally sound but in need of refurbishment and modernisation. Some copper pipework and electrical cabling were removed before the current owners acquired it, while electricity, water and drainage remain available. A Class MA decision confirms that prior approval is not required for changing the existing building from Class E commercial use to Class C3 residential use. A preliminary concept explores six flats within the existing building, with a side extension for two more flats and two single-storey bungalows on the wider site. The extension and bungalow proposals require the relevant planning approvals. A previous application for six new two-storey houses was refused on residential amenity grounds. Commercial reuse is also described as a possible route, subject to any necessary consents. The site includes open land and a rear tarmac area, with scope for parking and amenity space. The stated purchase price includes the company that owns the Folkestone property and a separate site in Merstham with planning permission for five EV charging bays and EV bike storage and charging facilities. Buyers should establish the company-purchase and separate-site details, and verify the planning, title, services and refurbishment position as part of their due diligence.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

54out of 100
Grade DWeak opportunity

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.

Key opportunities

  • Rework the former telecommunications building into a residential layout, with the description exploring six flats within the existing structure.
  • Make use of the substantial open and hardstanding areas for parking, amenity space and landscaping, alongside the building conversion.
  • Improve the patchy, overgrown grounds and weathered paved areas to give the site a more coherent residential setting.

Key risks

  • A 250 sq. m. building with an unseen interior, removed pipework and electrical cabling, and substantial grounds to address makes this a full-scale budget and programme exercise, not a cosmetic refresh.
  • The proposed side extension and bungalow elements remain subject to planning approval, and their feasibility should be verified.

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Map

Location

Stanley Road, Folkestone, CT19
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

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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
£4,533
Based on a loan of £900,000 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.

Tax

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Indicative tax based on the asking price and the options you select.

This calculation uses non-residential (land/commercial) tax rates.

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