Marine Terrace, Folkestone, Kent, CT20
RE

Marine Terrace, Folkestone, Kent, CT20

By Reeds Rains

£ 150,000

Reviews

3 out of 5 stars

Reeds Rains says ..

Reeds Rains are delighted to bring to the market this three bedroom two storey maisonette situated on the lower ground floor and ground floor of an attractive period building close to Folkestone seafront. The maisonette is split over two floors and provides three bedrooms, a large bay fronted liv...

Property Oracle says ..

This maisonette is located on Marine Terrace in Folkestone, Kent, close to Folkestone Harbour. The area benefits from relatively close proximity to Folkestone Central and Folkestone West train stations, providing convenient transport links. Several primary schools with good Ofsted ratings are within a short distance, making it potentially attractive to families. The property itself is a three-bedroom maisonette with one bathroom. The images suggest the property is in need of some modernisation and updating. While the kitchen appears to have had some recent work, other areas show signs of wear and tear. The property includes a small, enclosed yard area.

The list price of £150,000 is significantly below the average house price in the area (£317,870). However, this needs to be considered in light of the property’s condition and the fact that it is a maisonette, rather than a house. The average price per square foot in the area is £281.00, and while the size of the maisonette is 1151.74 sqft, the nearby comparable properties have a sqft of 0.00, making a direct comparison difficult. The lower list price may reflect the need for modernisation and updating. Considering the condition and size of the property, along with its location and the lower average prices of nearby flats, the list price may be reasonable, although further investigation into the specific condition of the property would be beneficial.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
8
Land
3
Bedrooms
3
Bathrooms
1
Sqft (est)
1,151.74
Lot (est)
1,151.74

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 %
from 331,806.00 £
Est sale value
564,352.60 £
Increased by 47.15 %
from 383,529.42 £
Average area rental value
750.00 £/mo
Decreased by 31.26 %
from 1,091.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 1,151.74 £/mo
Est rental Yield
1.81 %
Decreased by 54.18 %
from 3.95 %
Crime Rate
26.00 %
Unchanged by 0.00 %
from 26.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
St Eanswythe'S Church Of England Primary SchoolAcademy ConverterOutstanding0.24 KM
Folkestone, St Peter'S Church Of England Primary SchoolVoluntary Controlled SchoolGood0.49 KM
Folkestone Early Years CentreChildren's Centre0.58 KM
Christ Church Cep Academy, FolkestoneAcademy ConverterGood1.09 KM
The Village Children'S CentreChildren's Centre1.20 KM

Images

Marine Terrace Private Garden Marine Terrace Living Room Kitchen/Diner Kitchen Bedroom 1 Bathroom Bedroom 2 Bedroom 3 Cloakroom Frontage

Nearby Streets

NameAverage PriceAverage SqftDistance
George Lane £ 000.00 KM
Bayle Street £ 000.00 KM
Market Place £ 000.00 KM
Road Of Remembrance £ 000.00 KM
Saint Michael's Street £ 100,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Folkestone Central5035FKC1.70 KM
Folkestone West5027FKW3.42 KM

Nearby Listings

AddressPriceTypeScoreDistance
Marine Terrace, Folkestone, Kent, CT20 £ 150,000BUY6 / 100.00 KM
6 Marine Terrace, Folkestone, CT20 £ 145,000BUY6 / 100.02 KM
Marine Terrace, Folkestone, CT20 £ 140,000BUY6 / 100.03 KM
Marine Parade, Folkestone, CT20 £ 215,000BUY6 / 100.05 KM
Marine Terrace, Folkestone, Kent, CT20 £ 125,000BUY5 / 100.05 KM

Nearby Properties

AddressPriceDistance
3 Marine Terrace £ 86,0000.02 KM
26 The Bayle £ 250,0000.17 KM
12 The Bayle £ 240,0000.17 KM
11 The Bayle £ 395,0000.17 KM
16 The Bayle £ 260,0000.17 KM