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Julian Road, Folkestone, Kent CT19

South East

£1,500,000

Listed on 20/05/2026

Property Details

Bedrooms
12
Type
Detached

Description

This is a compelling investment opportunity featuring a block of six two-bedroom apartments, strategically located in the desirable Radnor Park area of Folkestone. The site is conveniently positioned just under half a mile from Folkestone Central Railway Station, which offers quick access to London via the HS1 service in less than an hour. Each unit is currently tenanted, with potential for rental income increases upon renovation. The building spans three floors and includes a mix of ground and first/second floor apartments, some of which benefit from private gardens or cellar space. With local amenities and transport links nearby, this property is ripe for enhancement. Notably, extensive external renovations are already underway and expected to conclude by late 2026, providing a foundation for further interior improvements that can elevate value significantly.

Investment Analysis

(CT19 area)
Area Average
£298/sq ft
Avg Rent (weekly)
£292
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CT19)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -2.5%
5 year growth: +16.6%
Investment Disclaimer: Analysis based on CT19 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

Julian Road, Folkestone, Kent CT19
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£5,351
Based on a loan of £1,125,000 over 30 years at 3.97% 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

-14.3% since listed
£1,500,000£100,000(-6.3%)
11/01/2025
Current price
£1,600,000£150,000(-8.6%)
11/10/2023
£1,750,000Initial listing
11/03/2023

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