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7 bed Flat For Sale £300,000
Marine Terrace, Folkestone, Kent CT20


Description
*investment* A great opportunity to purchase seven studio apartments all let and currently producing a healthy annual yield in excess of 10%. Situated opposite the beach front within the up and coming harbour area and with the current construction of some significant luxury developments within the immediate vicinity, now could be the time to invest. For further information please contact the Folkestone Branch.

Important Note to Potential Purchasers & Tenants:
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 traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

FOL220271/8

Location

For a coastal town, Folkestone enjoys superb connections to London. The high speed rail service connects rail travellers to both St.Pancras International in the heart of the capital and mainland Europe via the Eurostar, while the M20 provided a direct link to Ashford, Maidstone and M25/A20 for South East London and beyond. Activity is concentrated along the Old High Street and Tontine Street, which together create Folkestone's buzzing Creative Quarter. Meander along the cobbled streets, join a guided tour of the local art or simply sit back with a drink and watch the creatives at work. Complementing the Creative Quarter is The Harbour Arm a revitalised promenade stretching from the old railway station to Folkestone's lighthouse. Along the way are restaurants, bars and pop-up street food stalls, including the critically-acclaimed Rocksalt restaurant, which boasts some of the best panoramas across Folkestone Harbour and the English Channel.

Flat 2

Council Tax Band - A. EPC Rating - D.

Flat 7

Council Tax Band - A. EPC Rating - D.

Flat 21

Council Tax Band - A. EPC Rating - Awaited.

Flat 27

Council Tax Band - A. EPC Rating - Awaited.

Flat 55

Council Tax Band - A. EPC Rating - D.

Flat 63

Council Tax Band - A. EPC Rating - Awaited.

Flat 97

Council Tax Band - A. EPC Rating - Awaited.

Service Charge

We have been informed by our vendor that the service charge is in the region of £1300 per annum per flat.

Ground Rent

We have been informed by our vendor that the ground rent is £50 per annum per flat.

Follow the link for more information:
        
zoopla.co.uk

  
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