4 bed terraced house

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4 bed terraced house

Broadmead Road, Folkestone CT19
£490,000

Price History

Initial price £575,000
25/01/25 £500,000
04/06/25 £490,000
Price Change -14.78%

Description

This investment opportunity comprises a mid-terrace Victorian house with four flats, offering a potential 6.5% rental yield. The property is currently tenanted and features a mix of renovated and original features. The basement flat has an open-plan living area, double bedroom, and modern shower and toilet, while the top three flats have gas central heating and EPC C ratings. The property has undergone renovations, including plastered ceilings, downlights, and double glazing throughout. The building also boasts a secluded garden for the basement flat. While there is no off-road parking, street parking is available on the road. With a council tax band of A, this property presents a lucrative investment opportunity for landlords and investors.