Kings Way, Folkestone
CO

Kings Way, Folkestone

By Connells

£ 92,000

Reviews

3 out of 5 stars

Connells says ..

*40% SHARED OWNERSHIP* We are delighted to offer this lovely flat built in 2016 benefiting from a remaining two years NHBC should be at the top of your viewings list. Well presented throughout meaning you could quite literally turn the key and move straight in.

Property Oracle says ..

This two-bedroom, one-bathroom flat located on Kings Way, Folkestone, is a modern and well-maintained property. The images depict a recently constructed flat with a contemporary design and finish. The open-plan living area is spacious and bright, featuring a modern kitchen with integrated appliances. The bedrooms are of a good size. The property is situated in the Broadmead area, offering relatively convenient access to Folkestone Central train station and several schools, including one with an outstanding Ofsted rating. The absence of a garden is a point to note. The listed price of £92,000 represents a potential value proposition; however, a more complete comparison with similar properties in the area would be necessary to arrive at a definite conclusion regarding its overall value and affordability. The listing also describes this as a 40% shared ownership, meaning you will own 40% of the property and pay rent on the remainder. This should be carefully investigated by potential buyers before making an offer.

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
9
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
731.95

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
398,738.00 £
Decreased by 12.36 %
from 454,950.00 £
Est sale value
276,677.10 £
Increased by 10.53 %
from 250,326.90 £
Average area rental value
890.00 £/mo
Decreased by 50.77 %
from 1,808.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 731.95 £/mo
Est rental Yield
2.68 %
Decreased by 43.82 %
from 4.77 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Connells marked this listing as sold.

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
The Beacon FolkestoneFoundation Special SchoolOutstanding0.17 KM
Stella Maris Catholic Primary SchoolAcademy ConverterGood0.27 KM
Folkestone Beacon PlusSpecial Post 16 Institution0.32 KM
Mundella Primary SchoolAcademy Converter0.64 KM
Christ Church Cep Academy, FolkestoneAcademy ConverterGood0.74 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Park Farm Road £ 000.00 KM
Palmerston Street £ 150,00000.00 KM
Snowdrop Close £ 000.00 KM
Arras Close £ 000.00 KM
Arras Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Folkestone Central5035FKC0.83 KM
Folkestone West5027FKW2.24 KM

Nearby Listings

AddressPriceTypeScoreDistance
Kings Way, Folkestone £ 92,000BUY6 / 100.00 KM
Kings Way, Folkestone, CT19 £ 300,000BUY7 / 100.02 KM
Kings Way, Folkestone, CT19 £ 269,995BUY8 / 100.04 KM
Trinity Drive, Folkestone, CT19 £ 300,000BUY7 / 100.08 KM
Alder Road, Folkestone, Kent £ 650,000BUYUnknown0.10 KM

Nearby Properties

AddressPriceDistance
23 Kings Way £ 285,9950.01 KM
9 Kings Way £ 202,9950.01 KM
13 Kings Way £ 285,0000.01 KM
14 Kings Way £ 210,9950.01 KM
3 Alder Road £ 120,0000.10 KM