Marine Parade, Folkestone, CT20
By Motis Estates
£ 500,000
Reviews
2 out of 5 stars
Motis Estates says ..
A Five Storey Terraced Sea Front Property covering in excess of 2,700sq/ft, offering excellent potential for conversion or renovation... Welcome to Marine Parade!
Property Oracle says ..
The property is located on Marine Parade in Folkestone, a desirable coastal location in Kent. The area benefits from proximity to Folkestone Harbour, with its amenities and transport links. Several schools are within a reasonable distance, including St Eanswythe’s Church of England Primary School (Outstanding Ofsted rating). The property itself is a large building, offering considerable space. However, the provided images suggest it is in need of significant renovation. The interior requires complete modernisation and updating. The list price of £500,000 is significantly higher than the average price for the area (£317,870) and the average price per square foot (£281). Given the extensive renovation needed, the price may be considered high, despite the size and seafront location. Further investigation into comparable properties in similar condition would be beneficial to determine a fair market value.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 3
- Location
- 8
- Land
- 6
- Bedrooms
- 6
- Bathrooms
- 1
- Sqft (est)
- 4,398.00
- Lot (est)
- 2,765.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 496,875.00 £Increased by 49.75 %
- Est sale value
- 2,155,020.00 £Increased by 47.15 %
- Average area rental value
- 750.00 £/moDecreased by 31.26 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 1.81 %Decreased by 54.18 %
- Crime Rate
- 23.00 %Unchanged by 0.00 %
Agent Activity
Motis Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Eanswythe'S Church Of England Primary School | Academy Converter | Outstanding | 0.28 KM |
| Folkestone, St Peter'S Church Of England Primary School | Voluntary Controlled School | Good | 0.53 KM |
| Folkestone Early Years Centre | Children's Centre | 0.64 KM | |
| Christ Church Cep Academy, Folkestone | Academy Converter | Good | 1.12 KM |
| The Village Children'S Centre | Children's Centre | 1.26 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| George Lane | £ 0 | 0 | 0.00 KM |
| Bayle Street | £ 0 | 0 | 0.00 KM |
| Market Place | £ 0 | 0 | 0.00 KM |
| Road Of Remembrance | £ 0 | 0 | 0.00 KM |
| Saint Michael's Street | £ 100,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Folkestone Central | 5035 | FKC | 1.72 KM |
| Folkestone West | 5027 | FKW | 3.44 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Marine Parade, Folkestone, CT20 | £ 500,000 | BUY | 5 / 10 | 0.00 KM |
| Marine Parade, Folkestone, CT20 | £ 215,000 | BUY | 6 / 10 | 0.04 KM |
| Shoreline, Marine Parade, Folkestone, Kent, CT20 | £ 1,650,000 | BUY | 7 / 10 | 0.04 KM |
| Shoreline, Marine Parade, Folkestone, Kent, CT20 | £ 1,495,000 | BUY | 8 / 10 | 0.04 KM |
| Shoreline, Marine Parade, Folkestone, Kent, CT20 | £ 1,250,000 | BUY | Unknown | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 3 Marine Terrace | £ 86,000 | 0.06 KM |
| 36 The Bayle | £ 320,000 | 0.22 KM |
| 9 The Bayle | £ 223,000 | 0.22 KM |
| 32 The Bayle | £ 265,000 | 0.22 KM |
| Cliff Haven | £ 450,000 | 0.22 KM |