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£300,000

3 bedroom Flat for sale, Folkestone, Kent, CT20

Grace Hill

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3
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£300,000

3 bedroom Flat for sale, Folkestone, Kent, CT20

Grace Hill

2
3
2
  • Investment Opportunity
  • Tenants In Situ
  • No Onward Chain
  • EPC - E
View brochureWatch Video
  • Investment Opportunity
  • Tenants In Situ
  • No Onward Chain
  • EPC - E

The pin shows the exact address of the property 

INVESTMENT OPPORTUNITY.....Reeds Rains are delighted to bring to the market this superb investment opportunity with the chance to purchase a ground floor shop, first floor flat and second floor maisonette. The ground floor shop is currently empty and has the potential to be used again for commercial purposes or to potentially be converted to a residential dwelling subject to obtaining the necessary planning consent. The first floor flat is currently let at £495 per calendar month, this is a one bedroom unit and will be sold with the tenant in situ. The second floor maisonette is currently let at £595 per calendar month, this is a two bedroom two storey maisonette. Please call sole agents Reeds Rains on 01303-850200 for further information.

Picture Room Measurements Notes
Ground Floor Shopft. 26' 2" x 14' 9"
m. 7.96m x 4.51m
A ground floor commercial shop with a large area to the front (7.96m x 4.51m) with double fronted windows. Large kitchen area and toilet space to the rear. Access down to the basement (7.85m x 5.13m) and door out to side paved area with side access.
First Floor FlatA one bedroom first floor apartment situated only a moment from the hustle and bustle of the town centre. The apartment has been completely refurbished throughout and the accommodation comprises of one double bedroom, a large open plan living room/kitchen and a shower room. This apartment is being offered to the open market with a share of the freehold and a 125 year lease.
Second Floor FlatA superb two bedroom maisonette ideally located for the town centre and harbour area. The accommodation provides a 23ft living room; stylish gloss fronted fitted kitchen, shower room, two bedrooms with en-suite to master. The property is being sold with a 25% share of the freehold and a 125 year lease.

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

40

Potential

60

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

34

Potential

53

Use our calculator to see how much Stamp Duty you may pay if you buy this property.   

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 after 22 November 2017 to 7 July 2020 then from 8 July 2020 until 31 March 2021. For more information on Stamp Duty Land Tax, click here.

Interested in this property?

Reeds Rains Folkestone

01303 850200

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YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

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Reeds Rains, Folkestone

85 Sandgate Road,
Folkestone,
CT20 2AF

T: 01303 850200