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Folkestone, CT20

WITHDRAWN|£300,000|Flat | 0 bedroom | Ask agent
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Added on 24th October 2023 by Motis Estates, Folkestone
On the market for 2 years, 10 months
Summary
An opportunity to purchase a current D1 use property in the heart of Folkestone for community use with potential for change of use to 1 x 2 bedroom flat and 1 x 1 bedroom flat. The property has recently had planning permission refused reference 21/1770/FH but can be appealed.
EPC data
No EPC found for this property
Rent data
2 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £650 to £675 which represents a yield of between 2.6% and 2.7% if buying at the asking price
A yield of 2.9% to 3% if purchased for 90% of the asking price (£270,000)
A yield of 3.3% to 3.4% if purchased for 80% of the asking price (£240,000)
Stamp duty
£
Main and only residence: £5,000.00
First-time buyer: £0.00
Buy-to-let: £20,000.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
On 15th June 2026 the status was changed from FOR SALE to WITHDRAWN