Romney Avenue, Folkestone, CT20
WH

Romney Avenue, Folkestone, CT20

By Whitney Homes

£ 450,000

Reviews

2 out of 5 stars

Whitney Homes says ..

SITUATION The land is located adjacent to Romney Avenue on the Golden Valley Estate, which offers a promenade of individual shops, take away restaurants, and The Golden Arrow public house. The nearby Sandgate Village is about a half a mile walk and famous for its antique shops, which al...

Property Oracle says ..

This listing presents a development opportunity rather than a ready-to-move-in property. The £450,000 asking price is for a plot of land on Romney Avenue in Folkestone, Kent, situated in a desirable area near Sandgate Village and several well-regarded schools. The site plans outline an ambitious project to construct a small multi-unit residential development on the site. The location is advantageous, with good access to transport links (Folkestone West train station within reasonable distance) and amenities. However, the absence of crucial information regarding the plot size, the square footage of the proposed build, and the complete construction costs prevents a comprehensive evaluation of the true value and price to build. The final value of the development will depend heavily on factors like construction expenses, planning permission process, and market conditions at the time of completion. Potential buyers need to carefully consider all these variables before making a purchase decision. The provided information only gives a snapshot of a project; a full market appraisal and costing from a building professional should be obtained before purchase

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
6
Condition
1
Location
7
Land
6
Bedrooms
0
Bathrooms
0

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
576,346.00 £
Increased by 5.95 %
from 543,965.00 £
Average area rental value
1,667.00 £/mo
Increased by 10.47 %
from 1,509.00 £/mo
Est rental Yield
3.47 %
Increased by 4.20 %
from 3.33 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Whitney Homes marked this listing as sold.

  • Whitney Homes created the listing.

Nearby Schools

NameTypeOfstedDistance
Sandgate Primary SchoolCommunity SchoolGood0.45 KM
The Folkestone School For GirlsAcademy ConverterOutstanding0.63 KM
Morehall Primary School And NurseryAcademy Sponsor LedGood0.84 KM
Caterpillars Children'S CentreChildren's Centre0.84 KM
BirchwoodPupil Referral UnitGood0.97 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Digby Road £ 000.00 KM
Audley Road £ 762,50000.00 KM
Coombe Road £ 000.00 KM
Wellfield Road £ 000.00 KM
Parade Road £ 124,75000.00 KM

Nearby Transport

NameNLCTLCDistance
Folkestone West5027FKW0.75 KM
Folkestone Central5035FKC2.39 KM
Sandling5025SDG9.10 KM

Nearby Listings

AddressPriceTypeScoreDistance
Romney Avenue, Folkestone, CT20 £ 450,000BUY5 / 100.00 KM
Romney Avenue, Folkestone, Kent, CT20 £ 300,000BUY5 / 100.06 KM
Fremantle Road, Folkestone £ 400,000BUY6 / 100.10 KM
Southernwood Rise, Folkestone £ 369,500BUY7 / 100.10 KM
Romney Avenue, Folkestone, CT20 £ 139,995BUY6 / 100.15 KM

Nearby Properties

AddressPriceDistance
2 Romney Avenue £ 163,0000.06 KM
14 Romney Avenue £ 235,0000.06 KM
20 Romney Avenue £ 290,0000.06 KM
10 Southernwood Rise £ 175,0000.10 KM
35 Southernwood Rise £ 71,0000.10 KM