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St. Martins Road, Folkestone, CT20 3LB

Key features

  • Block of 26 Garages
  • Investment Opportunity
  • ~8% ROI
  • Redevelopment Opportunity STPP

Description

Hendersons Homes is delighted to present this exceptional investment opportunity comprising a block of 26 garages, generating a strong and reliable rental income for prospective investors.

Situated in the sought-after area of Cheriton, between Church Road and St Martins Road, the site offers an attractive income-producing asset with future potential for redevelopment, subject to the necessary planning permissions (STPP).

The current owner has held 26 of the 28 garages within the block for several decades. The portfolio currently generates an income of just over £2,000 per calendar month, representing an approximate gross return of 8%. At the time of marketing, 25 garages are let to individual tenants at £90 per calendar month, with just one garage currently vacant, offering an immediate opportunity to increase the rental income.

To respect the privacy of the existing tenants, viewings are to be conducted externally on an unaccompanied basis during daylight hours only. Prospective purchasers are asked to exercise due care and attention when inspecting the site and do so entirely at their own risk. Neither the seller nor Hendersons Homes accepts any liability for any accident, injury, loss, or damage arising from an inspection of the property.

 

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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St. Martins Road, Folkestone, CT20 3LB

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About Henderson's Homes, Covering Kent

Kent
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We are an independent, family-run estate agency based in Folkestone, built on generations of hands-on experience within the property world. Our backgrounds span estate agency, property development, and building projects of all sizes; from small renovations to larger-scale developments. This gives us a genuine, well-rounded understanding of property that goes far beyond simply buying and selling homes.

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While our office hours are 9:00am–5:00pm, Monday to Friday, and 10:am -3:00pm on Saturdays, we understand that property doesn’t always fit neatly into office hours. That’s why we’re always available to be contacted remotely, ensuring our clients feel supported whenever they need us.

At Henderson's Homes, we combine local knowledge with practical expertise. We know what makes a property work, what adds value, and how to guide our clients through the process with clarity and confidence. Being independent allows us to offer a truly personal service, where every client and every property matters.

Whether you’re selling, buying, or planning your next move, Henderson's Homes is here to help: professionally, honestly, and with a family touch.

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Disclaimer - Property reference S1817368. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Henderson's Homes, Covering Kent. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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