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Broomfield Road, Cheriton, Folkestone, Kent CT19 - Image 1
Broomfield Road, Cheriton, Folkestone, Kent CT19 - Image 2
Broomfield Road, Cheriton, Folkestone, Kent CT19 - Image 3

Broomfield Road, Cheriton, Folkestone, Kent CT19

South East

£270,000
Listed on 25/02/2026

Property Details

Bedrooms
4
Type
Flat

Description

This freehold property presents an outstanding investment opportunity featuring two distinct self-contained units. Comprising a spacious three-bedroom maisonette across the upper levels and a one-bedroom ground floor flat complete with its own private garden and off-street parking, this property is ripe for renovation. Both units are currently devoid of essential amenities such as kitchens and bathrooms, providing a blank canvas for investors or seasoned renovators looking to create modern living spaces. With extensive refurbishment needed, the potential for increasing value is significant. Post-renovation, the property could appeal to a variety of buyers or tenants, accommodating options for resale or long-term rental investments, as well as versatile family living arrangements. This offering is tailored for cash buyers keen on seizing a high-potential development project in a sought-after area.

Investment Analysis

(CT19 area)
Area Average
£298/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.7%

Renovation Potential

Heavy 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
24%
Properties sold annually

Local Market Trend (CT19)

Area prices are stable by -1.3% over the last 12 months
3 year growth: -1.5%
5 year growth: +19.4%
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

Broomfield Road, Cheriton, Folkestone, Kent CT19
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£974
Based on a loan of £202,500 over 30 years at 4.06% 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.

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