House For Sale £325,000
*sold STC by miles & barr - similar properties required*
investment property consisting of three apartments, chain free sale
miles and barr are very excited to offer this large investment property to the market.
Located in a central location, this home is within easy access to the town centre and sea front, great schooling at both Junior and Grammar levels and excellent transport links via road and train, including the high speed link to London.
The home is currently set out as three separate apartments, 2 x 1 bedroom apartments and 1 x 2 bed split level apartment across the top two floors.
Flat 1- Entrance hall, lounge, kitchen/ diner, utility room, bedroom and bathroom. This property also has private access to the garden and off street parking to the front. This property has an EPC rating of fifty seven.
Flat 2- Entrance hall, lounge, kitchen/diner, bedroom and shower room. The property has off street parking to front and has an EPC rating on sixty seven.
Flat 3- First level, entrance hall, lounge, kitchen/diner, bedroom with ensuite W.C. And separate bathroom. Upper level is a large L-shaped bedroom and off street parking to the front. This property has an EPC rating of fifty three.
The home is under one freehold currently and so is being sold as one unit, however a new buyer could possibly look to split the leases and sell on the individual flats at a profit, or look to keep long term for a good yield on a buy to let investment. Our lettings team have advised that dependant on the standard and level of refurbishment, a new buyer could look to gain rents of:
Flat 1- £725-£775 pcm
Flat 2- £650-£700 pcm
Flat 3- £775-£825 pcm
For more information and your chance to view, call Miles and Barr today!
Fast becoming a sought after place to be, Folkestone has seen much regeneration over the past few years, with much more planned going forward, especially surrounding the town centre and Harbour. Folkestone has a large array of shops, boutiques and restaurants as well as many hotels and tourist attractions. Folkestone is fortunate to have two High Speed Rail links to London, both offering a London commute in under an hour. There are great transport links to surrounding towns and cities and easy access to the continent too. With so much going on and with the future bright, Folkestone is an excellent location to both live and invest in.
Flat One
Lounge (3.81m x 5.72m (12'6 x 18'9))
Kitchen (3.45m x 4.78m (11'4 x 15'8))
Utility Room / Lean To (3.81m x 3.25m (12'6 x 10'8))
Bedroom (4.01m x 3.51m (13'2 x 11'6))
Bathroom
Flat Two
Lounge (4.04m x 4.37m (13'3 x 14'4))
Kitchen (3.86m x 3.71m (12'8 x 12'2))
Bedroom (3.81m x 5.72m (12'6 x 18'9))
Shower Room
Flat Three- Split Level
Entrance Hall
Lounge (4.06m x 3.84m (13'4" x 12'7"))
Kitchen (3.84m x 3.53m (12'7" x 11'7"))
Bedroom (5.03m x 3.76m (16'6" x 12'4"))
Ensuite W.C. (1.75m x 1.57m (5'9" x 5'2"))
Bathroom (3.05m x 1.80m (10' x 5'11"))
Top Floor
Bedroom (6.10m nar to 2.90m x 3.99m (20' nar to 9'6" x 13'1)
Rear Garden Private To Flat One
Off Street Parking To Front For Each Flat
investment property consisting of three apartments, chain free sale
miles and barr are very excited to offer this large investment property to the market.
Located in a central location, this home is within easy access to the town centre and sea front, great schooling at both Junior and Grammar levels and excellent transport links via road and train, including the high speed link to London.
The home is currently set out as three separate apartments, 2 x 1 bedroom apartments and 1 x 2 bed split level apartment across the top two floors.
Flat 1- Entrance hall, lounge, kitchen/ diner, utility room, bedroom and bathroom. This property also has private access to the garden and off street parking to the front. This property has an EPC rating of fifty seven.
Flat 2- Entrance hall, lounge, kitchen/diner, bedroom and shower room. The property has off street parking to front and has an EPC rating on sixty seven.
Flat 3- First level, entrance hall, lounge, kitchen/diner, bedroom with ensuite W.C. And separate bathroom. Upper level is a large L-shaped bedroom and off street parking to the front. This property has an EPC rating of fifty three.
The home is under one freehold currently and so is being sold as one unit, however a new buyer could possibly look to split the leases and sell on the individual flats at a profit, or look to keep long term for a good yield on a buy to let investment. Our lettings team have advised that dependant on the standard and level of refurbishment, a new buyer could look to gain rents of:
Flat 1- £725-£775 pcm
Flat 2- £650-£700 pcm
Flat 3- £775-£825 pcm
For more information and your chance to view, call Miles and Barr today!
Fast becoming a sought after place to be, Folkestone has seen much regeneration over the past few years, with much more planned going forward, especially surrounding the town centre and Harbour. Folkestone has a large array of shops, boutiques and restaurants as well as many hotels and tourist attractions. Folkestone is fortunate to have two High Speed Rail links to London, both offering a London commute in under an hour. There are great transport links to surrounding towns and cities and easy access to the continent too. With so much going on and with the future bright, Folkestone is an excellent location to both live and invest in.
Flat One
Lounge (3.81m x 5.72m (12'6 x 18'9))
Kitchen (3.45m x 4.78m (11'4 x 15'8))
Utility Room / Lean To (3.81m x 3.25m (12'6 x 10'8))
Bedroom (4.01m x 3.51m (13'2 x 11'6))
Bathroom
Flat Two
Lounge (4.04m x 4.37m (13'3 x 14'4))
Kitchen (3.86m x 3.71m (12'8 x 12'2))
Bedroom (3.81m x 5.72m (12'6 x 18'9))
Shower Room
Flat Three- Split Level
Entrance Hall
Lounge (4.06m x 3.84m (13'4" x 12'7"))
Kitchen (3.84m x 3.53m (12'7" x 11'7"))
Bedroom (5.03m x 3.76m (16'6" x 12'4"))
Ensuite W.C. (1.75m x 1.57m (5'9" x 5'2"))
Bathroom (3.05m x 1.80m (10' x 5'11"))
Top Floor
Bedroom (6.10m nar to 2.90m x 3.99m (20' nar to 9'6" x 13'1)
Rear Garden Private To Flat One
Off Street Parking To Front For Each Flat
