This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
1 bedroom Flat for sale, Guildhall Street, Folkestone, Kent, CT20
Features and Description
- Guide Price - £48,000 to £52,000
- One Bedroom Lower Ground Floor Flat
- Private Rear Garden
- EPC Rating - F
- Being Sold by Auction
- Close to Railway Station
- No Onward Chain
- In Need of Full Modernisation
BEING SOLD VIA AUCTION ALONGSIDE CLIVE EMSON AUCTIONEERS......Reeds Rains are delighted to bring to the market this superb investment opportunity for a one bedroom lower ground floor garden apartment located close to the town centre, mainline railway station and harbour area. The apartment does require complete modernisation throughout but does benefit from a private gardens. The property is being sold with a short lease of approx 59 remaining and with no onward chain. The property is being sold alongside joint auctioneers Clive Emson on 23rd July 2026.
Location
A surprisingly private and peaceful living space situated only moments from the hustle and bustle of Folkestone's town centre. Nearby there are steps leading down to the beach, harbour and new Harbour Arm with its pop-up restaurants and lighthouse champagne bar. The Old High Street and Creative Quarter are also nearby. Folkestone West & Folkestone Central Stations both benefit from High Speed services to London St Pancras with journey times of under an hour. The M20 (Junction 13), the Channel Tunnel Terminal and Ferry Port of Dover are all within easy reach.
Communal Entrance
Steps down to lower ground floor communal area. Door to Basement Flat.
Private Garden
A private garden to the rear of the property accessed through the kitchen or side alleyway access.
Lease Details
We have been informed by our vendor that the property comes with a 99 year lease from 1st May 1986.
Service Charge
We have been informed by our vendor that the service charge for 2025 was £760.38.
Ground Rent
We have been informed by our vendor that the ground rent is £50 per annum.
EPC Rating
EPC - F
Auction
The property is being sold by Clive Emson Auctioneers with Reeds Rains acting as Joint Auctioneers. The property is being via online auction on 23rd July 2026. Full legal details surrounding the auction can be viewed on Clive Emson's website. All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
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 travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Guildhall Street, Folkestone, Kent, CT20
Additional Information
-
Property refFOL260057
-
EPCF
-
TenureLeasehold
-
Lease length58 years
-
Council TaxA
-
Local authorityFolkestone and Hythe District Council
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Ground Rent£50
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Ground Rent ReviewContact the branch
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Service Charge£760
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A private garden to the rear of the property accessed through the kitchen or side alleyway access.
The pin shows the exact address of the property
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
28Potential
80CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
