* Freehold
A Unique Investment: Dual Maisonette Units in a Thriving Folkestone Locale.
National Residential proudly presents a compelling investment prospect: A
freehold dwelling expertly partitioned into two distinct units, nestled in a
sought - after location near the vibrant town centre, within strolling distance
of the mainline railway station, and the charming harbour.
This end terraced property stands proud, housing two maisonette flats, namely:
100A: A versatile 2 - bedroom basement flat spanning the lower ground floor and
ground floor, achieving a robust £575pcm.
100B: An expansive 4 - bedroom flat across the 1st, 2nd, and 3rd floors
currently commanding £750pcm.
Currently generating an impressive £15, 900 per annum, this investment gem,
priced at £260, 000, boasts a solid yield of 6. 1% with the exciting potential
for further growth.
Moreover, this property offers the tantalising opportunity for development
into additional flats, maximising returns, subject to the relevant planning
permissions - an investment dream ripe with possibilities!
The property's essence unfolds as follows:
Flat A: Ground floor boasting a cosy lounge and bedroom, while the lower
ground floor hosts another bedroom, bathroom, and kitchen/dining room.
Flat B: Ascending the floors, discover a spacious lounge/dining area and a
equally spacious, well - appointed kitchen on the first floor. The second - floor
houses three inviting bedrooms and a bathroom, while the third floor reveals a
fourth bedroom, completing this versatile living space.
Nestled moments away from the vibrant pulse of Folkestone's town centre,
residents enjoy a private and serene ambiance. Steps away beckon the
glistening beach, the vibrant harbour with its trendy pop - up restaurants, and
the charming lighthouse champagne bar at Harbour Arm. Exciting amenities like
the new Folkestone F51 skate park, the atmospheric Old High Street, and the
Creative Quarter are within easy reach. Commuting convenience is a highlight,
with High - Speed services to London St Pancras available from both Folkestone
West and Folkestone Central Stations in under an hour. Easy access to the M20
(Junction 13), the Channel Tunnel Terminal, and the Ferry Port of Dover
enhances the property's allure.
The town centre boasts an array of shops, dining spots, and an exceptional
international standard Skate Park. All the conveniences expected in a modern
town are within easy reach, complemented by a diverse selection of Primary
schools, Secondary schools, Academies, and colleges. Nearby, the Folkestone
Leisure Centre promises aquatic adventures, sports halls, and even a thrilling
dry ski slope.
Don't miss the chance to explore this captivating property - indulge in our
video tour for an immersive experience.
Viewings come highly recommended!
For further details and to schedule a viewing, reach out to our dedicated
specialist sales advisor. Whether it's your future home or a savvy investment
opportunity, this property awaits your discerning eye—book your viewing today!
This property is only available for purchasers who are not in a chain.
1\. Money laundering regulations - Intending purchasers will be asked to
produce identification documentation at a later stage so an online Anti - Money
Laundering Check can be completed. We would ask for your co - operation in order
that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
While we endeavour to make our sales particulars fair, accurate and reliable,
they are only a general guide to the property and, accordingly, if there is
any point which is of particular importance to you, please contact the office
and we will be pleased to check the position for you, especially if you are
contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must
be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing
to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures,
fittings or services and it is the buyer's interests to check the working
condition of any appliances.
*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be
confused with traditional auction. Although the vendor may be willing to
remove from the auction early for a suitable offer. The Modern Method of
Auction is a flexible buyer friendly method of purchase. We do not require the
purchaser to exchange contracts immediately but grant 56 days to exchange and
complete. This additional time to exchange on the property means interested
parties can proceed with traditional residential finance. Upon close of a
successful auction or if the vendor accepts an offer during the auction, the
buyer will be required to put down a deposit of 2% (minimum of £5, 000) or a
Buyers fee (amount or % will be stated in main advert. , which secures the
transaction and takes the property off the market. Please note this property
is subject to an undisclosed reserve price which is generally no more than 10%
in excess of the Starting Bid, both the Starting Bid and reserve price can be
subject to change. Terms and conditions apply to the Modern Method of Auction
and can be viewed in full on our website.

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