# 3 bedroom end of terrace house for sale (CT19 4JN)

## Property Details

| Key | Value |
|-----|-------|
| Address | 2 CANADA CLOSE, FOLKESTONE, KENT CT19 4JN |
| Price | £174,995 |
| Bedrooms | 3 |
| Last sold | £152,000 Nov 2012 |

## Description

Newly Built End Terrace House,

Three Bedrooms, Fitted Kitchen, Parking,

Gas Central Heating, Double Glazing

## Property Photos

- ![Front](/listings/photos/24497126/1638401) - Front
- ![EPC](/listings/photos/24497126/1638402) - EPC
- ![EPC](/listings/photos/24497126/1638404) - EPC

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #11207871
- **Address:** 2 Canada Close, FOLKESTONE, CT19 4JN
- **Certificate Issued:** 14/09/2015
- **Work Completed:** 11/08/2015
- **Items:** 1 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 2 CANADA CLOSE, FOLKESTONE, SHEPWAY, KENT, CT19 4JN | £152,000 | 30/11/2012 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 42 ROMAN WAY, FOLKESTONE, FOLKESTONE AND HYTHE, KENT, CT19 4JT | £350,000 | 12/10/2022 | Terraced |
| 12 TIBER CLOSE, FOLKESTONE, FOLKESTONE AND HYTHE, KENT, CT19 4JU | £330,000 | 07/10/2022 | Terraced |
| 24 ROMAN WAY, FOLKESTONE, FOLKESTONE AND HYTHE, KENT, CT19 4JT | £290,000 | 14/03/2022 | Terraced |

**Area average:** £323,333 (3 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £261,279 (43 Terraced, CT19, 2024–2026)
- **Deviation:** -33%

## Rental Range

*ONS Price Index of Private Rents (Folkestone and Hythe). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,055/mo
- **Realistic:** £1,172/mo
- **Optimistic:** £1,289/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Dover-Shepway (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £863/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Terraced House, Morehall Avenue, CT19 | £1,600/mo | 3 | 1.06 miles | OpenRent |
| 3 Bed Terraced House, Shorncliffe Road, CT20 | £1,450/mo | 3 | 1.16 miles | OpenRent |

**Average rent: £1,525/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.87% (okay)
- **Max investor price (0.8%):** £190,625
- **Target investor price (1%):** £152,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,525/mo).*

- **Gross yield:** 10.5%
- **Cost-to-rent:** 9.6×
- **Monthly cashflow:** £658/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 15.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -1.9%
- **10y growth:** 31.6%

## House Price Index (HM Land Registry)

*Official index for Folkestone and Hythe; Terraced series; as of April 2026.*

- **1y growth (index):** -0.5%
- **5y growth (index):** 15.3%
- **10y growth (index):** 46.7%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)