Central Folkestone terrace with garden — investor-friendly but sold at auction with fees.
Three double bedrooms and defined living spaces (approx. 883 sq ft)
A three-bedroom Edwardian mid-terrace in central Folkestone, offered freehold and sold via Modern Method of Auction. The house offers defined living spaces across ~883 sq ft, a good-sized rear garden for the area and mains gas central heating. Broadband and mobile signal are strong, and local schools include several rated Good and one Outstanding nearby.
This property is being sold with a tenant in situ, making it most suitable for investors seeking an income-producing asset. The auction route requires buyers to complete within 56 days of contract receipt, plus a non-refundable reservation fee of 4.5% (minimum £6,600) and a £349 buyer information pack fee; an undisclosed reserve price applies. Buyers must complete their own due diligence and verify all details.
The house was built early 20th century and shows as a modest, period terraced home. There is scope for cosmetic updating and modest refurbishment to increase rental value or prepare for re-letting. Cavity walls are assumed to have no added insulation and the glazing install date is unknown — further energy-efficiency work may be needed.
Important considerations: the wider area scores as very deprived with a local classification of constrained renters, which affects long-term capital-growth prospects. The property is priced to reflect its condition and sale method and will suit buyers who understand auction terms and are comfortable purchasing with a tenant in place.
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