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For sale
£54,250

Foster Way, Folkestone, Kent, CT20 2TT

1bedroom
1bathroom
Flattype
Leaseholdtenure

Listed 19 Sept 2026 · Folkestone

How the price compares

This home£54,250
Median 1 bed in CT20£135k44 homes listed · £301 per sq ft
Difference-60%below the area median

Key features

  • Shared ownership apartment
  • Long lease with 116 years remaining
  • One bedroom second floor apartment
  • Sought after location close to Folkestone West and Folkestone Central
  • Minimum share 35% with the option to purchase 100%
  • Chain free

About this home

Shared Ownership - Minimum 35% Share Available (£54,250) Full price £155,000

Situated within a popular development, this one bedroom second floor apartment offers an excellent opportunity for first-time buyers to step onto the property ladder through the Shared Ownership scheme.

Ideally located for commuters, the property is within easy reach of both Folkestone West and Folkestone Central railway stations, providing high-speed links to London, while also benefiting from convenient access to the town centre and local amenities.

The accommodation comprises a living area with fitted kitchen, with the washing machine and fridge to remain if required. There is a double bedroom, along with a modern bathroom suite. The apartment is well maintained throughout and offers comfortable, contemporary living in a sought-after residential location. Being sold with the additional benefit of an allocated parking space for further convenience and a long lease with 116 years remaining.

Available to purchase from a minimum 35% share at £54,250, purchasers also have the option to staircase and increase their ownership, with the potential to acquire 100% of the property in the future.

This is an ideal purchase for first-time buyers, commuters, or those seeking an affordable route into homeownership.

Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.

Property details

Property type
Flat
Council tax band
B
Tenure
Leasehold
Lease remaining
0 years left
Parking
Yes

Floorplan

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Location

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  • Folkestone Central Station0.3 mi
  • Folkestone West Station0.4 mi
  • Channel Tunnel Terminal Station1.7 mi

What nearby homes sold for

Median sold prices in CT20 over the last 12 months: flat £193k · terraced £287k · semi-detached £355k · detached £670k.

AddressTypeSoldPrice
4 Foster Way
Folkestone CT20 2TT
Terraced
Freehold
26 Mar 2025£375,000
18 Foster Way
Folkestone CT20 2TT
Terraced
Freehold
15 Nov 2024£312,250
8 Salix House, 24, Foster Way
Folkestone CT20 2TT
Flat
Leasehold
29 Feb 2024£68,250

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in CT20

Buying costs

Monthly repayment£271£5,425 deposit · £48,825 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Bairstow Eves, Folkestone on Rightmove (original listing). First listed 19 Sept 2026; details checked 7 Nov 2026. Latest change: added on 19/09/2026.

Agent disclaimer

Disclaimer - Property reference FKB250387. 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 Bairstow Eves, Folkestone. 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.

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