Flat 20, Beach Marine, The Riviera, Sandgate, Folkestone, CT20 3AE

UPRN:50027042Purpose Built Flat2 bedsBuilt 1950-1966

LeaseholdCouncil Tax: -EPC: D (55)

Data freshness:Listing· freshPlanning· 4mo agoEPC· 5mo agoRisk· 2y agoSchools· 4mo agoAmenities· 1mo agoArea· Census 2021

Valuation estimateUpdated today

£251,000

Estimated value

Range: £238k - £263k|Last sold: £194k (2018-06-29)

Estimate of £251k for this purpose built flat. 326 sales in CT20 in the last 12 months; median £277k.

Estimate confidence

High confidence

Value History

Monthly AVM sale-value estimate

Current estimate

£251k

£238k - £263k - High confidence

Annualised (CAGR)

+1.74%

Over the full window

Peak estimate

£293k

Aug 2024

From peak

-14.33%

Drawdown from peak

AVM estimate (model)Repeat-sales index - CT20 district (quarterly)index YoY -2.73%

Growth by window

-1.18%

-10.99%

12m

-10.99%

24m

-9.06%

60m

+2.45%

Rental Market

Monthly

Estimated rent (pcm)

£1,350

/ month

Gross yield

6.89%

Rent ÷ asking price

Net yield

4.78%

Assumes ~31% running costs (not this property's)

Vacancy trend

12-month change

Market Metrics

6 live signals

Median Area Price

£277k

CT20 sales, last 12 months

12m Price Growth

-3.8%

CT20 median, Land Registry

Days on Market

68d

CT20 average

Sales & Yield

3 metrics

Transactions / 12m

326

CT20 sales

Area Gross Yield

5.43%

CT20 medians

Last Sold

£194k

2018-06-29

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

Asking Price£235,000
SDLT standard£2,200
SDLT BTL surcharge (5%)£11,750
Legal, survey + broker (assumed)£2,100
RefurbishmentNot costed
Total Cost (excl. refurb)£251,050

Funding

Deposit (25%)£58,750
Mortgage (75% LTV)£176,250
Interest Rate (assumed)5.25%
Mortgage TypeInterest Only
Cash Required£74,800

Monthly Returns

Monthly Rent (estimate)£1,350
Mortgage Payment (IO)-£771
Management (10%)-£135
Insurance (assumed)-£40
Maintenance (assumed)-£60
Monthly Cashflow, before lease costs (not stated)+£344

Capital Returns

5yr Property Value£262,526
5yr Capital Gain (2.24% pa, historical)+£27,526
5yr Cumulative Rent (net, before lease costs)+£69,881
Less mortgage interest-£46,260
5yr Total Return (before lease costs)+£51,147

Modelled on the live asking price. Assumed, as in the PDF report: 25% deposit, 5.25% interest-only mortgage, management 10% of rent, insurance £40/mo, maintenance £60/mo, legal, survey and broker £2,100. Refurbishment, voids and letting fees are not costed. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.

5-Year Projection

BTL · Interest Only

Year	Property Value	Equity	Cashflow (cumulative)	Total Return	ROI
Year 1	£240,264	£64,014	+£4,128	+£9,392	12.6%
Year 2	£245,646	£69,396	+£8,544	+£19,190	25.7%
Year 3	£251,148	£74,898	+£13,266	+£29,415	39.3%
Year 4	£256,774	£80,524	+£18,290	+£40,064	53.6%
Year 5	£262,526	£86,276	+£23,621	+£51,147	68.4%

Modelled on the live asking price. Capital growth 2.24% a year is the CT20 area's 5-year historical rate (Land Registry medians), not a forecast. Rent grows 2% a year (assumed); management is 10% of each year's rent. Mortgage held interest-only at 5.25% for 5 years. Refurbishment, voids and letting fees are not costed. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£74,800).

Price Forecast

No forecast available.

Demand & Supply

Median earnings (local authority)

Signal

1,618

Population

Signal

1.9%

Households Deprived

Upside Opportunities

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