Worst House on the Street Logo
Sir John Moore Avenue, Hythe CT21 - Image 1
Sir John Moore Avenue, Hythe CT21 - Image 2
Sir John Moore Avenue, Hythe CT21 - Image 3

Sir John Moore Avenue, Hythe CT21

South East

£500,000
Listed on 16/04/2026

Property Details

Bedrooms
10
Type
Flat
Area
3486 sqft

Description

This Grade II Listed property presents a unique investment opportunity in the heart of Hythe, comprising six flats that offer significant potential for refurbishment. Located near the town centre, this building includes four 2-bedroom flats and two 1-bedroom flats, with an unconverted basement that could be developed further. The area is poised for growth, bolstered by various regeneration projects nearby, including investments to enhance Folkestone's town centre and the surrounding regions. The property is currently in average condition but requires major works such as roof and chimney repairs, external render updates, and window surround improvements. Each flat would benefit from new kitchens and bathrooms to meet modern standards. With essential services already in place – including gas central heating and secondary glazing – this project has a solid foundation for transformation into desirable living spaces. The large garden adjacent to the building offers additional development opportunities or expansion potential. Given the strategic location with strong transport links to London and access to Europe, this property represents an appealing proposition for investors looking to capitalize on both residential rental income and future appreciation in value as the area continues to evolve.

Investment Analysis

(CT20 area)

Below Market Value

This property is priced -52.4% below area average per sq ft

-52.4%
Potential saving
This Property
£143/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£240
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,154,598
10% above area average per sq ft
Potential ROI
+77.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CT20)

Area prices are falling by -3.9% over the last 12 months
3 year growth: +4.7%
5 year growth: +11.1%
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

Sir John Moore Avenue, Hythe CT21
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 over 30 years at 3.91% 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

-35.5% since listed
£500,000£275,000(-35.5%)
16/04/2026
Current price
£775,000Initial listing
10/08/2024

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates