Summary - 88 Sandgate Road, Folkestone, Kent, CT20 2AA CT20 2AA
3 bed 1 bath Flat
Auction lot ideal for developers or landlords seeking a central Folkestone conversion project.
Planning permission for 2 x 1-bed and 1 x 2-bed flats (ref: 22/0855/FH)
A two-storey, vacant upper part previously used as a gym, offered with planning permission (ref: 22/0855/FH) to create 2 x 1-bedroom flats and 1 x 2-bedroom flat. The consent also covers basement bin storage and insertion of four rooflights, reducing major planning risk for conversion. The lot is offered at auction with a guide price of £135,000 and is sold leasehold.
This is a clear refurbishment and small-development opportunity for an investor or developer comfortable with conversion work. The property is centrally located for Folkestone shopping, leisure and rail connections (Folkestone Central), supporting lettability once converted. Broadband speeds are average and mobile signal is excellent.
Buyers should note material considerations: the building will require internal refurbishment to create the flats; it was last used as a gym so fit-out and services works are likely. The area records very high crime and is in a very deprived local area classification, which may affect rental values and management costs. No flood risk is recorded.
Interested parties must review the auction legal pack and leases before bidding. The permissioned scheme and vacant possession make this a straightforward project for a buyer seeking short‑term development or a buy-to-let portfolio addition.
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