Just 50 Metres From The Beach! An Amazing Freehold Investment Opportunity!
Two Houses Converted To 8 Self-Contained Apartments.
Marine Terrace, Folkestone £1,200,000
The Good Estate Agent is proud to offer to the market two houses converted to 8 self-contained Flats.
The professional conversions took place around 2003 to modern standards. These private, well presented houses have been converted to two 3 bed maisonettes, three 2 bed flats and three 1 bed flats. The houses share a communal staircase.
Each flat benefits from a fitted kitchen and modern bathroom, fitted wardrobes in most bedrooms, with double glazing and gas fired central heating throughout.
All flats are currently occupied. The rental income is £4490.85 pcm, which is well below the average rentals for the area for similar properties.
Folkestone is currently experiencing a regeneration, with major development along the sea front, the Harbour areas and Harbour Arm.
Situated a short walk from Folkestone Harbour and in close proximity to the town centre with an array of shops, restaurants and all other local amenities you would expect of a modern town like Folkestone. There is also a good choice of Primary schools, Secondary schools, Academies and colleges. Nearby Folkestone Leisure Centre includes the usual swimming pool and sports halls and also boasts a dry ski slope and a state of the art Skate Park (under construction)..
With easy access to the M20 motorway and Folkestone Central railway station, with its High-Speed connection to London in 50 minutes, is a major benefit to the whole area. Ferry connections to mainland Europe are just a short trip away in Dover and the Channel Tunnel a 10 minute drive.
Further details and full plans available upon request.
