Lot 6: FREEHOLD BLOCK OF SIX FLATS FOR INVESTMENT IN POPULAR WEST END OF FOLKESTONE

Residential Investment - Folkestone Area
Residential Investment - Folkestone Area
Residential Investment - Folkestone Area
View of Grimston Gardens opposite
Sold £522,000

A freehold block of six flats situated in the popular West End of Folkestone, overlooking Grimston Gardens while being in close proximity of Folkestone West railway station and walking distance to the town centre and The Lees.

We understand all flats have double glazed windows. The ground floor flat has a gas heating system by radiators while the other five have electric heating.

Ground Floor Flat

Inner vestibule to panelled hallway, wet room with shower/W.C., larder, kitchen, door to entrance to cellar/storage area, three bedrooms (one currently used as a drawing room with bay window) plus a living room.

Outside

Double garage with off-road parking. Front garden with side entrance to rear and rear garden with covered patio.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £510 per calendar month.

Ground Floor

Side entrance providing communal entrance hallway for the remaining five flats.

Flat 1A

Stairs to entrance hallway with kitchen leading to bathroom/W.C., bedroom and living room.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £450 per calendar month.

Flat 2

Entrance hall, bathroom/W.C., kitchen, bedroom, living room and hallway (currently used as a storage area).

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £360 per calendar month.

Flat 3

Bedsitting room with separate kitchenette. Hallway leading to bathroom/W.C. and separate toilet on the first floor (sole use).

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £260 per calendar month.

Flat 4

Entrance hall, bedsitting room, kitchen and bathroom/W.C.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £340 per calendar month.

Flat 5

Entrance to hallway with bathroom off. Separate entrance to studio apartment, kitchen, open-plan living room with separated bedroom area.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £440 per calendar month.

Auctioneer’s Note

At the time of going to print the Auctioneers have been unable to internally inspect this block and prospective purchasers should rely on their own investigations to verify the information provided by the sellers.

Residential EPC: E

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