Our March auction has certainly sprung in to auction action for Folkestone properties, with ten lots to choose from.
The White Lion in Cheriton, (Lot 94) is a substantial public house, with planning consent for conversion and extension to provide supported living accommodation comprising 12 bedroom suites, each with kitchenette, café, training areas and a new build of six flats (three one-bedroom and three two-bedroom) on the land to the rear. Guide Price £480-500,000.
Lot 8 (Flat 1, 15 Marine Parade) is a two bedroom flat in a seafront location, not far from the pretty Folkestone harbour with Creative Arts Quarter beyond being offered at £145,000 Plus.
Lots 6 and 68 are two blocks of freehold investments. 29 Grimston Avenue, in the popular ‘west end’ is an attractive detached block of six, overlooking Grimston Gardens (Guide £380-400,000) while nearer the town, 93 Cheriton Road a semi detached block comprises four flats (Guide £300,000 Plus).
Also in the ‘west end’ is Apartment 17 in Kent House in Bouverie Road West. It is one bedroom third floor apartment offered with the remainder of a 999 year lease from 2002 with a guide of £85,000 Plus
Close to Radnor Park and Folkestone Central mainline railway station is Lot 98 (33 Radnor Park Crescent), a mid terrace bay fronted house comprising a vacant ground floor flat and two bedroom maisonette which is let. Offered freehold with part vacant possession and a guide of £160,000 Plus.
We are also offering 53 Laurel Court in Cheriton, a two bedroom age restricted apartment overlooking the communal gardens with a guide of £50,000 Plus and offered on instructions of the Executors.
While remaining in Cheriton there are two more lots, 45 Cheriton High Street, an attractive four bedroom semi detached house with potential for conversion into two units (Guide £180-190,000) and a freehold shop, yard/parking and two flats at 87-87a Cheriton High Street offered with a Guide of £160,000 Plus.
If you are still looking for an investment or just starting to build your property empire, then Lot 62 could be for you – an attractive one bedroom cottage in Grimston Avenue with a Guide of £105-110,000.
Wow, what a great selection to choose from – and that’s all folks!
About the Author:
Sam Kinloch
Sam’s career in the dizzy world of property auctions began when he hung up his chainsaw and headed in from the forest. Joining the team in 2003 Sam now sits on the Board of Directors and has been instrumental in the adoption of online auction services. Out of the office you can find him flying around the velodrome or sipping coffee at a local café.