Cheriton High Street, Folkestone, CT19
MO

Cheriton High Street, Folkestone, CT19

By Motis Estates Limited

£ 220,000

Reviews

2 out of 5 stars

Motis Estates Limited says ..

MIXED USE PROPERTY - A two bedroom maisonette and a commercial shop positioned in the heart of Cheriton.

Property Oracle says ..

This property presents a mixed-use opportunity, combining residential and commercial spaces in Cheriton, Folkestone. The location on Cheriton High Street offers convenience, with nearby schools, shops and transport links. However, the current condition of the property requires attention. While the residential spaces (main living areas) appear relatively livable, they could benefit from some modernisation, particularly in the business area. The garden, though present, necessitates landscaping and maintenance. The price point of £220,000 requires further scrutiny. While other properties in the area are similarly priced, this particular property’s need for refurbishment and lack of detailed square footage information may warrant a more careful appraisal. Overall, the property presents a unique opportunity for someone willing to invest in refurbishment but has caveats. Further investigation into square footage, rental income potential, and full structural survey are necessary to make a fully informed decision. Potential buyers should carefully weigh the refurbishment costs against the expected return on investment and rental income potential.

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
4
Location
7
Land
5
Bedrooms
0
Bathrooms
1

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
321,653.00 £
Decreased by 5.87 %
from 341,725.00 £
Average area rental value
1,132.00 £/mo
Decreased by 15.08 %
from 1,333.00 £/mo
Est rental Yield
4.22 %
Decreased by 9.83 %
from 4.68 %
Crime Rate
34.00 %
Unchanged by 0.00 %
from 34.00 %

Agent Activity

  • Motis Estates Limited marked this listing as sold.

  • Motis Estates Limited created the listing.

Nearby Schools

NameTypeOfstedDistance
All Soul'S Church Of England Primary SchoolAcademy Converter0.13 KM
Harcourt Primary SchoolFoundation SchoolGood0.67 KM
BirchwoodPupil Referral UnitGood0.83 KM
Turner Free SchoolFree Schools0.95 KM
Cheriton Primary SchoolFoundation SchoolGood1.02 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Risborough Way £ 000.00 KM
Cherrybrook Road £ 500,00000.00 KM
Milky Whey £ 000.00 KM
Kings Road £ 000.00 KM
Woodfield Avenue £ 300,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Folkestone West5027FKW1.51 KM
Folkestone Central5035FKC3.24 KM
Sandling5025SDG8.24 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cheriton High Street, Folkestone, CT19 £ 220,000BUY5 / 100.00 KM
Cheriton High Street, Folkestone, CT19 £ 220,000BUY5 / 100.00 KM
Cheriton High Street, Folkestone, Kent, CT19 £ 230,000BUY6 / 100.02 KM
Chilham Road, Cheriton, CT19 £ 285,000BUYUnknown0.11 KM
Tudor Road, Folkestone, CT19 £ 200,000BUY6 / 100.12 KM

Nearby Properties

AddressPriceDistance
2 Taylor Road £ 43,7500.07 KM
22 Taylor Road £ 170,0000.07 KM
151 Cheriton High Street £ 124,9950.10 KM
157 Cheriton High Street £ 128,7000.10 KM
121 Cheriton High Street £ 103,0000.10 KM