Let’s Invest Folkes!

As more and more take control of their future, perhaps starting or expanding their own portfolio of property to create rental income, the following lots which may be of interest:

11A Coolinge Road, within walking distance of Radnor Park and Folkestone Central railway station, is a two bedroom maisonette situated on the upper floors of this mid terrace house divided into two units. In need of improvement, it is being offered with the remainder of a 125 year lease from 2005 with a guide price of £90,000 Plus.

A three bedroom house with a gas heating system via radiators, double glazing and a rear garden could be one to add to the ‘watch and bid’ list. Located in Thanet Gardens, a no-through road, and a short distance of the Warren and Folkestone Harbour 51 Thanet Gardens is offered with a guide of £145,000 Plus.

Closer to the town centre and therefore close to the amenities is a top floor one bedroom flat  at 72 Guildhall Street North. It has a 999 year lease and a guide of £55,000, which reflects the improvement and refurbishment needed, but you could redecorate in your own taste and style!

Three flats and a coach house are being offered as one single lot. There is a two bedroom flat let on an Assured shorthold tenancy, a vacant one bedroom flat, a vacant studio and a vacant two storey coach house which is in need of improvement and some repair. Located at 101A Dover Road, this could be one to create a good return at its guide price of £190-200,000.

And finally we move to 60 Shaftesbury Avenue in Cheriton, a popular district in the Folkestone area, and on the instructions of the Executors a two bedroom semi detached bungalow with conservatory. It is in need of improvement. It has a front garden incorporating off road parking, shared driveway to the side leading to a garage, rear garden and has a guide price of £160-170,000.

All the above properties are being offered in the online auction on 5 May, why not take a look at the lots, the videos, the legal packs and even view them.

A full list of lots can be found here. To register to bid please click here.

Good luck and happy bidding.