Queen Street, Folkestone, CT20
BU

Queen Street, Folkestone, CT20

By Burnap & Abel

£ 290,000

Reviews

2 out of 5 stars

Burnap & Abel says ..

FOR SALE WITH BURNAP + ABEL... Welcome to this stunning 4 bedroom, 4 bathroom HMO property located on Queen Street in Folkestone. This fully renovated gem is a real income generator, bringing in an impressive £31,000 per annum. Boasting a modern design and spacious layout, this property ...

Property Oracle says ..

This property, located on Queen Street in Folkestone, is a four-bedroom, four-bathroom house listed at £290,000. The house appears to have undergone recent renovations, with a modern interior featuring several newly fitted bathrooms and kitchens, shown in the photographs. The property is marketed as a suitable HMO, potentially generating an annual income of £31,000, which would influence investment decisions significantly. The exterior shows scaffolding suggesting ongoing or recent maintenance work. The property includes a small garden which is shown in the photographs to be rather basic, and the lack of detailed plot size information raises concerns. Nearby schools boast good Ofsted ratings and the central location offers convenient access to Folkestone Central train station. Considering the combination of recent renovation, potential rental income, and relatively good location, the property may appeal to investors or those seeking a multi-occupancy property in central Folkestone. However, the provided information lacks crucial details on the specifics of the property’s condition beyond what’s shown in images, leaving a considerable degree of uncertainty to make a fully informed assessment on value. Further investigation into the property’s history and condition may be advisable before making a purchasing decision. Specifically, an accurate plot size and property tax information would be important.

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
7
Condition
6
Location
7
Land
2
Bedrooms
4
Bathrooms
4
Sqft (est)
890.90

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
192,063.00 £
Decreased by 35.58 %
from 298,143.00 £
Est sale value
271,724.50 £
Increased by 6.27 %
from 255,688.30 £
Average area rental value
1,278.00 £/mo
Increased by 20.45 %
from 1,061.00 £/mo
Est letting value
1,781.80 £/mo
Increased by 100.00 %
from 890.90 £/mo
Est rental Yield
7.98 %
Increased by 86.89 %
from 4.27 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Burnap & Abel marked this listing as sold.

  • Burnap & Abel created the listing.

Nearby Schools

NameTypeOfstedDistance
Folkestone Early Years CentreChildren's Centre0.20 KM
Folkestone, St Peter'S Church Of England Primary SchoolVoluntary Controlled SchoolGood0.53 KM
St Eanswythe'S Church Of England Primary SchoolAcademy ConverterOutstanding0.55 KM
The Village Children'S CentreChildren's Centre0.63 KM
Mundella Primary SchoolAcademy Converter0.66 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Queen Street £ 000.00 KM
St John's Street £ 000.00 KM
Saint Michael's Street £ 100,00000.00 KM
Arras Close £ 000.00 KM
Bayle Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Folkestone Central5035FKC1.55 KM
Folkestone West5027FKW3.27 KM

Nearby Listings

AddressPriceTypeScoreDistance
Grove Road, Folkestone, Kent, CT20 £ 250,000BUY6 / 100.04 KM
Dover Road, Folkestone £ 100,000BUY5 / 100.05 KM
Dover Road, Folkestone, Kent, CT20 £ 100,000BUY4 / 100.07 KM
Dover Road, Folkestone CT20 1LA £ 125,000BUY4 / 100.08 KM
Dover Road, Folkestone, CT20 £ 117,500BUYUnknown0.09 KM

Nearby Properties

AddressPriceDistance
45 Queen Street £ 220,0000.02 KM
27 Queen Street £ 141,0000.02 KM
28 Queen Street £ 225,0000.02 KM
41 Queen Street £ 123,0000.02 KM
3 Queen Street £ 160,0000.02 KM