Lot 97 Freehold Block Of Nine Flats Part Investment / Part Vacant In West End Of FolkestoneAuction Date:
18th September 2025
25 Grimston Avenue, Folkestone, Kent, CT20 2PS
On the instructions of the Trustees
Currently let at £35,340 per annum - Plus four vacant flats for improvement
A freehold block of nine flats located in Folkestone's popular West End. The building comprises five flats, let on Assured Shorthold Tenancy Agreements, and four further flats that are vacant and in need of improvement and refurbishment. Flat B has a gas heating system via radiators.
Ground Floor
Communal entrance with stairs to upper levels, cellar door comprising three rooms.
Flat A1
Entrance hall, living room with doors to bedroom, bathroom/W.C. and kitchen.
Outside
Patio area.
Tenancy
Currently vacant.
EPC Rating E
Council Tax Band B
Flat A2
Entrance hall, living room, inner hall, bedroom, bathroom/W.C. and kitchen.
Outside
Garden.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £640 per calendar month.
EPC Rating E
Council Tax Band B
Flat B
Entrance hall, two bedrooms, shower room/W.C., study area, bathroom/W.C., living room/dining room and kitchen.
Outside
Garden.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £640 per calendar month.
EPC Rating D
Council Tax Band B
First Floor
Landing.
Flat C1
Entrance hall, kitchen/living room, bedroom and bathroom/W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £440 per calendar month.
EPC Rating C
Council Tax Band A
Flat C2
Entrance hall, bedroom, living room, bathroom/W.C. and kitchen.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £725 per calendar month.
EPC Rating C
Council Tax Band A
Flat D1
Entrance hall, bed/living room, kitchen and bathroom/W.C.
Tenancy
Currently vacant.
EPC Rating D
Council Tax Band
Not listed on Government website.
Flat D2
Entrance hall, living room, kitchen, bedroom, bathroom with wash handbasin and separate W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £500 per calendar month.
EPC Rating D
Council Tax Band
Not listed on Government website.
Second Floor
Landing.
Flat E
Entrance hall, two bedrooms, living room, kitchen and bathroom/W.C.
Tenancy
Currently vacant.
EPC Rating E
Council Tax Band
Not listed on Government website.
Flat F
Entrance hall, three bedrooms, kitchen, living room and bathroom/W.C.
Tenancy
Currently vacant.
EPC Rating E
Council Tax Band B
Outside
Communal front garden, side garden and bin store.
Viewing
Viewings of the four vacant flats will be by arrangement with the Auctioneers.
Freehold with Part Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
