Lot 91: ONE BEDROOM COURTYARD FLAT FOR INVESTMENT

Available At £95,000 + Fees
Basement Flat, 47 Coolinge Road, Folkestone, Kent. CT20 1EW

Currently let at £6,600 per annum

Applicants may view the lot externally only

01622 608400

Kevin Gilbert

A well presented courtyard (basement) flat situated in Coolinge Road and close to the town centre and Folkestone Central mainline railway station. The flat is currently let and has its own entrance, a gas heating system via radiators and double glazed windows.

Basement Level

Entrance hall, living room with bay window, bedroom, shower room/W.C. and kitchen.

Outside

Courtyard area and store room.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £550 per calendar month.

Tenure

Remainder of a 99 year lease from 25th December 2002 at a current ground rental of £150 per annum however, we understand the current leaseholder has agreed with the freeholder for a lease extension for a further 90 years at an amended ground rent of a peppercorn. Further information will be contained within the legal pack which will be available to download from the Clive Emson website.

Residential EPC: D

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The map and satellite images are based on postcode information and are available for for directions only. The may not necessarily show the exact lot being offered, but will be in close proximity. Please refer to the sale plan in the legal documentation for precise details of the lot to be sold.