Sold STC Flat

Arras Close

Folkestone, Kent, CT19, CT19 5TG

2 beds 2 baths Listed 16 Apr 2025 (-407d)

£215,000

Reduced on 16 May 2025

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Somme House

Somme House Open Plan Living Open Plan Living Bathroom Open Plan Living Open Plan Living Kitchen Bedroom 1 Bedroom 1 En-Suite Entrance Hallway Entrance Hallway Bedroom 2 Somme House Somme House Somme House Somme House Somme House Somme House Somme House Somme House

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Property details

Tenure

LEASEHOLD

Council tax band

TBC

Last sold

£269,995

Local average

£153,833 (+39.8%)

Deprivation

Decile 1 (2,607 of 33,755)

Street crime

474 incidents within 1 mile (Mar 2026)

Additional details

Parking
Yes
Garden
Yes

Description

Somme House is highly energy efficient contemporary styled modern development located close to Folkestone sea front, town centre and high speed train station.

The apartment has an abundance of light from the multiple full height windows, offering a stylish open plan kitchen/living space, spacious bathroom and two good size bedrooms with en-suite shower room to the main.

The apartments are finished to a high standard with a selection of fixtures for buyers to tailor to their personal taste. They are designed with efficiency at heart with state of the art renewable heating technology, upgraded insulation and low energy lighting to keep the bills to a minimum.

Each apartment has one allocated parking space and use of the bicycle store, whilst communal gardens can be enjoyed by residence.


IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

FOL250111/2

Listed by

Folkestone

LSL Franchise

Reference: 160750475

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

Price history

Event Date Price % change
Sold 01/01/2023 (3 years ago) £269,995 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street 2 ARRAS CLOSE, FOLKESTONE, FOLKESTONE AND HYTHE, KENT, CT19 5TG £299,995 18/09/2023 Terraced
Same street 9 ARRAS CLOSE, FOLKESTONE, FOLKESTONE AND HYTHE, KENT, CT19 5TG £265,995 01/09/2023 Terraced
122A FOORD ROAD, FOLKESTONE, FOLKESTONE AND HYTHE, KENT, CT19 5AB £120,000 09/11/2022 Flat
52B BLACK BULL ROAD, FOLKESTONE, FOLKESTONE AND HYTHE, KENT, CT19 5QT £200,000 07/10/2022 Flat
45A LINDEN CRESCENT, FOLKESTONE, FOLKESTONE AND HYTHE, KENT, CT19 5SB £130,000 10/12/2021 Flat
10 ALLENDALE STREET, FOLKESTONE, FOLKESTONE AND HYTHE, KENT, CT19 5RE £175,000 29/11/2021 Flat
15A BRADSTONE AVENUE, FOLKESTONE, FOLKESTONE AND HYTHE, KENT, CT19 5AQ £69,000 22/06/2021 Flat

Street average: £282,995 (2 sales)

Area average: £138,800 (5 sales)

Capital growth trend

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

5y growth 5.2%
10y growth 42.7%

House Price Index (HM Land Registry — official index, not sold-price averages): Folkestone and Hythe. Series: Flats and maisonettes. As of February 2026.

1y (index) 0%
5y (index) 7.8%
10y (index) 35.2%

Rental Range

Estimated market rent for Folkestone and Hythe. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,031/mo
Realistic £1,145/mo
Optimistic £1,260/mo

Based on Local Authority from postcode lookup → Folkestone and Hythe.

LHA (30th percentile) floor for Dover-Shepway: £693/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View CT19 5TG

Address

1 Arras Close

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Cubitt House 0.0 miles
Shop Hambrook & John's Funeral Directors 0.1 miles
Shop Williams Computers & Electrical Ltd 0.1 miles
Hospital Kent Community Health 0.5 miles
Train station Folkestone Central 0.5 miles
Train station Folkestone West 1.1 miles

Street-level crime

Category Count
Violence and sexual offences 181
Anti-social behaviour 68
Shoplifting 56
Criminal damage and arson 45
Drugs 27
Public order 27
Other theft 19
Vehicle crime 17
Other crime 16
Burglary 10
Possession of weapons 5
Bicycle theft 2
Theft from the person 1
Total incidents 474

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Mundella Primary School Primary 0.2 miles Good — 25 Jun 2024
Christ Church Cep Academy, Folkestone Primary 0.3 miles Good — 22 Jan 2023
Stella Maris Catholic Primary School Primary 0.3 miles Good — 1 Feb 2014
Castle Hill Community Primary School Primary 0.4 miles Good — 2 May 2024
The Beacon Folkestone Other 0.4 miles Outstanding — 11 Mar 2019

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
2 Bed Maisonette, St Michaels St, CT20 £900/mo 2 0.37 miles OpenRent
2 Bed Flat, Sidney Street, CT19 £995/mo 2 0.42 miles OpenRent

Average rent: £948/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.44%
Max investor price (0.8%) £118,500
Target investor price (1%) £94,800
Gross yield 5.3%
Cost-to-rent ratio 18.9×
Monthly cashflow £-18/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -0.4%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).
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