Summary - 127 BLACK BULL ROAD FOLKESTONE CT19 5NU
1 bed 1 bath Retail Property (high street)
Turnkey income property with strong transport links and immediate yield.
Ground-floor retail let on a long lease (barber shop)
Two residential flats let on ASTs with valid safety certificates
Reported gross yield circa 10–12% (investor figure)
Compact mid-20th century brick building; standard ceiling heights
Small plot and modest internal space; limited expansion potential
Sold at auction — requires buyer due diligence and faster timelines
Freehold tenure recorded as unknown — verify title before bidding
Good transport links, fast broadband, low local crime
This mixed-use freehold on Black Bull Road offers a turnkey income stream in a well-connected part of Folkestone. The ground-floor retail unit is let on a long lease to an established occupier, and two residential flats (one-bedroom and two-bedroom) are occupied on ASTs with up-to-date EICRs and Gas Safety Certificates. Investors benefit from a compact portfolio under one roof with immediate cashflow and a reported yield around 10–12%.
The building is a mid-20th century brick mid-terrace with a standard ceiling height and a modest rear garden for the ground-floor flat. It sits on a small plot within an affluent, comfortable neighbourhood classified as white professionals; local amenities and transport links (Folkestone Central, M20, Channel Tunnel) are within easy reach. Mobile signal and broadband are strong, and local crime levels are low — practical positives for letting and resale.
Important considerations: the property will be sold at auction and the freehold tenure is listed as unknown, which may require buyer due diligence. The plot and internal spaces are relatively small and ceilings are standard, limiting large-scale conversion potential. Prospective buyers should also factor in usual auction purchase timelines, potential short-term management or re-letting costs, and verification of lease terms and rent reviews.
Overall, this is a compact, income-producing asset suitable for investors seeking an entry-level mixed-use freehold with immediate yield and scope for incremental value through active asset management. The location, tenancy compliance documents and transport links support steady rental demand, but buyers must allow for auction procedures and confirm tenure details before bidding.
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