Burnap & Abel says ..

Property Oracle says ..

This property listing presents a block of three flats situated on Sidney Street in Folkestone, Kent. The listing highlights its potential as an investment opportunity, emphasizing its location in a residential area with proximity to schools and Folkestone Central station. The property comprises three flats, each with its own kitchen and bathroom. The provided photographs reveal varying levels of condition across the different units. Some units are presented as largely unfurnished and in need of full refurbishment, while others show slightly more modern amenities but still requiring some level of updating. There are a total of five bedrooms in the property, although the specific number in each flat needs clarification to support the investment potential. The presence of at least one small garden is noted from the photos and may provide some outdoor space; however, the given plot size of 0.00 sqft is unusual and more information is needed to verify this. While the location offers several positive aspects, including proximity to schools and transport links, the condition of the property requires considerable renovation and improvements before achieving its full rental potential. The pricing requires further details to fully assess the value proposition, particularly regarding the individual sizes of the flats and whether the £380,000 price reflects the necessary refurbishment costs. A detailed property survey would be recommended to ascertain the true condition and necessary works to fully assess the investment value of the property.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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