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Guildhall Street, Folkestone, Kent CT20 - Image 1
Guildhall Street, Folkestone, Kent CT20 - Image 2
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Guildhall Street, Folkestone, Kent CT20

South East

£85,000
Listed on 01/04/2026

Property Details

Bedrooms
1
Type
Flat
Area
586 sqft

Description

This lower ground floor one-bedroom apartment presents a unique investment opportunity, especially suited for cash buyers looking to capitalize on its renovation potential. Located conveniently close to Folkestone's town centre and the picturesque harbour area, this property requires complete modernization throughout. It features a private entrance and access to a rear garden, offering an appealing outdoor space that could enhance the property's value post-renovation. The apartment is available with a short lease of approximately 59 years and is offered with no onward chain, making it an attractive prospect for those looking to invest in a market that is increasingly popular for both residents and visitors alike. With easy access to transport links, including high-speed services to London St Pancras, this location promises both convenience and lifestyle appeal.

Investment Analysis

(CT20 area)

Below Market Value

This property is priced -51.8% below area average per sq ft

-51.8%
Potential saving
This Property
£145/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£240
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£194,089
10% above area average per sq ft
Potential ROI
+43.8%
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

Guildhall Street, Folkestone, Kent CT20
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£301
Based on a loan of £63,750 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.

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