Property description

Investment of 5 rented units providing an income of £2100 pcm making a yield of 6.5%. Town Centre location and walking distance to train station. Garage to rear.


An excellent opportunity to obtain a selection of apartments located on the edge of Folkestone Town centre and within walking distance to train station offering high speed access into London in less than 1 hour. The town has seen lots of improvements over the recent years including Bouverie Shopping centre which now offers leading brands such as Primark, EE, Next and Starbucks. The future looks very exciting too with lots of development planned over the coming years.
Saga one of Folkestone's biggest employers is also just a short stroll which certainly attracts working tenants to the area.

We have been informed that the property provides an income of just over £2100 pcm.

The building is a good size with 2 small courtyard areas and Garage to the rear, which is currently not in use and could provide a further income if rented out.

The ground floor is a 2 bedroom flat with lounge, bathroom, kitchen to the rear and has Gas central heating.
The remaining floors consist of 2 x 1 bedroom flats and 2 x bedsits which all come with electric heating. Other features include Double Glazing.


Ground Floor -

Front communal entrance area, cupboard housing meters, Fire Alarm system to wall, stairs to 1st floor, door leading to

Two Bedroom Flat -

Lounge 16'10 x 12'9
Bedroom 13'2 x 9'9
Bedroom 12'6 x 11'10
Bathroom 8'6 narrowing to 6'3 x 5'3
Kitchen 14'7 x 7'5

First Floor

Consisting of 2 bedsits and 1 bedroom flat.

Top Floor

1 Bedroom flat

*We are waiting for further measurements and inspections of the 2 x bedsits and 2 x 1 bedroom flats. We also feel there is some general decorating / maintenance required and there are some jobs currently in place.

Property Features :

• 5 x separate units
• 6.5% YIELD
• No Chain
• GARAGE
• Excellent Investment Opportunity