Summary - Flat 1, 22 Dover Road, FOLKESTONE CT20 1JQ
1 bed 1 bath Office
**Standout Features:**
- Development opportunity: Potential to convert to 5 residential flats (4x1-bedroom and 1x2-bedroom)
- Spacious layout: Total area of 4,596 sq ft across two floors
- Prominent corner location in Folkestone’s Creative Quarter
- Excellent transport links: 1.5 miles from M20 and close to Folkestone Central railway station
- Vibrant urban setting with a mix of retail and entertainment nearby
**Concerns:**
- High crime rate in the area
- Current condition primarily caters to commercial use, may require significant renovation for residential conversion
- On-street parking with limited availability
**Property Summary:**
This expansive freehold property located at 22-26 Dover Road is a remarkable investment opportunity ripe for transformation. Set within a classic Victorian building, this substantial space can be reimagined into five flats to meet the growing housing demand in Folkestone’s dynamic and transitional neighborhood. The strategic corner position not only enhances visibility but places residents within easy reach of vibrant amenities like cafes, shops, and the popular Folkestone Harbour Arm.
With the potential Gross Development Value estimated at £1,100,000, this property represents a compelling proposition for investors or developers looking to capitalize on the local growth and rental market. The current layout, featuring ample room count and standard ceiling heights, affords an advantageous canvas for creative redesign, although prospective buyers should account for the need for refurbishment.
In this bustling location, equipped with excellent broadband and mobile signals, envision a community-oriented space that embraces modern living while retaining its historical charm. Don’t miss this chance to secure a promising development in a city that continues to thrive. Explore architects' plans upon request to jumpstart your vision and capitalize on this exceptional opportunity!
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