Commercial property ready for investment

Investment Consideration: Gross Initial Yield: 8.47% Current Rental Income: approx. £102,720 p.a. Two-storey residential block of 10 x 1 bedroom, 5 x 2 bedroom and 1 x 3 bedroom flats which benefit from ample parking spaces, managers offices and large outdoor communal area. Located in a semi rural location with close by shops, train station and A57 / M1 motorway network.

Investment Consideration: Gross Initial Yield: 8.47% Current Rental Income: approx. £102,720 p.a. Two-storey residential block of 10 x 1 bedroom, 5 x 2 bedroom and 1 x 3 bedroom flats which benefit from ample parking spaces, managers offices and large outdoor communal area. Located in a semi rural location with close by shops, train station and A57 / M1 motorway network.

Reeds Rains are delighted to bring to the market this superb opportunity to purchase a block of 6 apartments located in a sought after area. Julian Road is ideally situated in the Radnor Park area of Folkestone within close walking distance of Folkestone central railway station which provides links to London in under one hour. The block of apartments is split over three floors and comprises of six 2 bedroom apartments (all currently let out). Please call Reeds Rains Folkestone branch for further information on this fantastic opportunity.