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Martello Road, Folkestone, Kent CT20 - Image 1
Martello Road, Folkestone, Kent CT20 - Image 2
Martello Road, Folkestone, Kent CT20 - Image 3

Martello Road, Folkestone, Kent CT20

South East

£95,000
Listed on 01/04/2026

Property Details

Bedrooms
1
Type
Flat
Area
543 sqft

Description

This one-bedroom top floor flat presents a promising opportunity for renovation, located just a stone's throw from Folkestone's harbour and local amenities. Situated on the second level of a well-placed building, the flat features an open-plan living room and kitchen, a double bedroom, a utility area, an internal shower room, and a private terrace to enjoy some outdoor space. While the property is in need of comprehensive modernisation, it benefits from no onward chain and has a 99-year lease from 1989. This flat is ideal for buyers looking to invest in refurbishing to create value or as a personal residence tailored to their tastes. With Folkestone’s rising popularity as a commuter location and ongoing regeneration projects in the area, this could be a strategic investment as housing demand continues to grow.

Investment Analysis

(CT20 area)

Below Market Value

This property is priced -41.9% below area average per sq ft

-41.9%
Potential saving
This Property
£175/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£240
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£179,847
10% above area average per sq ft
Potential ROI
+38.3%
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

Martello Road, 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
£336
Based on a loan of £71,250 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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