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.