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House For Sale £515,000
Victoria Grove, Folkestone CT20


Description
Reeds Rains are delighted to bring to the market this substantial semi-detached freehold property which has been split in to four independent self-contained flats. The independent flats are being sold with tenants in situ and could collectively achieve an income of circa £25,500 per annum. The block is well located within walking distance of the town centre, seafront and train station. The block is being offered to all investment purchasers looking to add to their portfolio.

Location

Victoria Grove is situated within easy walking distance of the town centre, which provides good shopping, entertainment and leisure facilities with a good selection of schools in the area. The lovely harbour at Folkestone is a further walk away and enjoys a bustling Harbour Arm with seasonal festivities and the Old High Street within the Creative Quarter affords charming caf 's and eateries. The harbour area is undergoing a major regeneration programme that will have a positive impact on Folkestone in the future. Folkestone Central mainline railway station is within easy walking distance with the high speed l ink offering a journey time to London of less than one hour. Easy access to the continent by Eurostar services from Ashford International, the channel tunnel terminal at Cheriton or via Dover harbour. The M20 motorway is a short drive away leading to London and the M25 orbital.

Directions

From Folkestone Central Station, turn right heading underneath the railway bridge towards the town centre. Take the first immediate turning on your left hand side into Cheriton Gardens. At the end of the road, turn left into Cheriton Road. Victoria Grove can then be found on your left hand side.

Flat 1

A lower ground floor flat with private entrance. One double bedroom, lounge/dining room, kitchen and bathroom. Courtyard area to the rear. The property is being sold with a tenant in situ. EPC - Awaited.

Flat 2

A two bedroom ground floor flat with lounge/dining room, kitchen and bathroom. The property is being sold with a tenant in situ. EPC - Awaited.

Flat 3

A two bedroom first floor flat with lounge/dining room, kitchen and bathroom. The property is being sold with a tenant in situ. EPC - Awaited.

Flat 4

A two bedroom top floor flat with lounge, kitchen and bathroom. This flat is currently vacant and in line with current market conditions we would expect to achieve in the region of £750 per calendar month. EPC - Awaited.

Important Note To Potential Purchasers:

We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

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