Flat 308 The Metropole The Leas, Folkestone
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Flat 308 The Metropole The Leas, Folkestone

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We have confidence in this estimated current valuation Updated recently
£507,000
Or £3,296 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Mar 23, 2017
£390,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to Flat 308 The Metropole The Leas, Folkestone, a cozy and compact flat type home with 3 bed in the CT20 2LU area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band .

This classic property was built 1900-1929 and has a reported internal area of 116 internal square metres The neighbourhood is known for having good properties at a reasonable price - with a market valuation of £507,000 and a rental potential of £3,296 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Mar 23, 2017. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

"A wonderful opportunity to purchase a piece of Folkestone's history being an apartment in the iconic Metropole building. Situated at the western end of Folkestone's famous Leas Promenade, the Metropole, along with the neighbouring Grand Hotel, stand as imposing sentinels of the towns' fashionable past.

Agent's opinion The grand entrances to the Metropole building cannot fail to impress. Owning this apartment would in a sense be owning part of Folkestone's history; the potential for this apartment is truly wonderful. With amazing views over the Leas and the English Channel towards France, it is ideally positioned. We feel this could be a fantastic opportunity to turn a truly unique space into an amazing apartment. If you are looking for a spacious home with scope, this property with original features and potential to re-arrange the internal space is an opportunity not to be missed to create a wonderful home. Situation Situated at the western end of Folkestone's famous Leas Promenade, the Metropole, along with the neighbouring Grand Hotel, stand as imposing sentinels of the towns' fashionable past. Opened as a hotel in 1897 this is a truly unique building and the available apartment has kept many period features.

Folkestone is well known for its wide range of shops and galleries along with Public Houses and independent restaurants. This property is within minutes walking distance of the town centre and sea front. Ideal for commuters as the high speed link from Folkestone to St. Pancras can be found at Folkestone West and Folkestone Central train stations whilst the M20 motorway can be found to the outskirts of the town, placing Ashford and beyond within easy reach. The Channel Tunnel terminal is just a short distance away by car providing frequent access to the Continent. Main Entrance There are two entrances to the building one at the front along the Leas and one at the rear of the building where the parking space and garage can be found. Approaching the building through the rear entrance, revolving doors lead to the communal hallway where stairs and lifts can be found. The apartment can be found on the 3rd floor. Entrance From the lift and stair area, walk along the corridor where half way along there is a storage area approx. 12' x 8' 4'' included in the sale but separate from the apartment. Walking to the end of the corridor you will find the front door to the apartment and a cupboard housing the electric meter. Hallway The front door leads through to a dining and hall area. Hall area Approx. 10' 10' x 10' 02' Double glass doors through to lounge, coat cupboard, door to kitchen. Dining Room area Approx. 13' 04' x 10' 03' Door through to bedroom two and study. Carpet, radiator, wall lights. Attractive original plasterwork including dado rail with arch through to hall area. Intercom. Bedroom Two Approx. 15' 03' x 8' 0' Sash window to front, radiator, carpet. Study Approx. 15' 03' x 4' 11' Sash window to front, radiator, carpet. Lounge Approx. 20' 03' x 14' 01' glazed double doors from the hall area, door to balcony, two sash windows with secondary double glazing to front, one sash window with secondary double glazing to side, feature fireplace, carpet, two radiators. Kitchen Approx. 10' 01 x 10' 03' A range of matching wall and floor cupboards. Cupboard housing boiler, integrated fridge/freezer, Zanussi electric hob and oven, space for washing machine. One and a half bowl stainless steel sink. Three sash windows to side. Bedroom Three Approx. 10' 04' x 6' 09' Sash window with secondary double glazing to side. Carpet, radiator. Bathroom Approx. 9' 06' x 6' 02' Step up to coloured three piece suite consisting low level W.C., hand basin set in a vanity unit with mirror over, bath with electric shower over. Radiator, carpet. Bedroom One 10' 11' x 11' 09' Two sash windows with secondary double glazing to side. Large fitted wardrobe with a range of bedside cupboards and chest of drawers. En-suite Approx. 6' 11' x 5' 05' Door through from hallway to en-suite comprising pedestal hand basin, bath with electric shower over, low level W.C., bidet. A range of cupboards and shelving. Shaver point. Outside Outside the property there are guest parking spaces and a garage approx. 19' 9' x 10' plus 9' height. Light and power. Length of Lease We have been informed by our client that this property has a Share of Freehold. Ground Rent We are currently awaiting our client to provide this information. Maintenance We have been advised by our client that the maintenance is charged every 6 months at a cost of ?1751.28, total being ?3502.56. This includes charges for water. Council Tax We are currently awaiting our client to provide this information. For further details, please contact Shepway District Council on 01303 853000."

Property Data

Data point Compared to road

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £2,307 Try Mortgage Tracker
Energy £757 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
School of English Studies
0.1mi
Earlscliffe (Sussex Summer Schools Ltd)
0.1mi
Christ Church Cep Academy Folkestone
0.5mi
Sandgate Primary School
0.6mi
The Folkestone School for Girls
0.6mi
Nearby Stations
Folkestone Central Station
0.3mi
Folkestone West Station
0.6mi
Sandling Station
4.4mi
Westenhanger Station
5.6mi
Kearsney Station
6.7mi

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Photos

Strengths and Opportunities

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Renovation improvements

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New Kitchen
This could increase your home value by £15,000
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New Bathroom
This could increase your home value by £5,000
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Air Conditioning
This could increase your home value by £7,000
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New Windows
This could increase your home value by £10,000

Cost improvements

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Suggestion: Switch energy provider
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Strengths

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Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is Flat 308 The Metropole The Leas, Folkestone worth?

    Flat 308 The Metropole The Leas, Folkestone is now worth £507,000 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for Flat 308 The Metropole The Leas, Folkestone - click click here to get a valuation with no strings attached.

  2. What is the rental value of Flat 308 The Metropole The Leas, Folkestone?

    The current rental valuation for this property is £3,296 per month, within a price range of £2,966 and £3,625.

  3. How many bedrooms does Flat 308 The Metropole The Leas, Folkestone have?

    This property has 3 bedrooms. Search for nearby properties with 3 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to Flat 308 The Metropole The Leas, Folkestone?

    Nearby schools in include School of English Studies, Earlscliffe (Sussex Summer Schools Ltd), Christ Church Cep Academy Folkestone, Sandgate Primary School, The Folkestone School for Girls

    Nearby stations in include Folkestone Central Station, Folkestone West Station, Sandling Station, Westenhanger Station, Kearsney Station.

  5. What type of property is Flat 308 The Metropole The Leas, Folkestone

    This is a Flat property. There are 54 other Flat properties on THE LEAS, and 61 in total.

  6. When was Flat 308 The Metropole The Leas, Folkestone built? How old is Flat 308 The Metropole The Leas, Folkestone?

    Flat 308 The Metropole The Leas, Folkestone was was built between 1900-1929.

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Disclaimer

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Nearby locations

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