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.
£90,000
Flat for sale, Shorncliffe Road, Folkestone, Kent, CT20
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Features and Description
- Superb Apartment
- Set In The Heart Of The West End
- No Onward Chain
- EPC Rating - D
* INVESTMENT PROPERTY* Located in a popular and convenient area, being a short walk to Folkestone West train station with fast link connection. This studio apartment offers a bright and airy living space with large sunny aspect bay windows and an internal partitioned bedroom area with wardrobe. Further accommodation includes a kitchen, shower room and a separate wc. The property is currently let to a long standing tenant.
Location
Shorncliffe Road is located in the sought after West end of Folkestone ideally placed to take advantage of the high speed train operating to London St. Pancras from Folkestone Central and Folkestone West. Folkestone town centre and harbour area has a selection of shops, bars, restaurants, hotels to include the regenerated Harbour Arm. The famous Folkestone Leas with Bandstand and Leas Cliff Hall which provides various entertainments and offers access to the Lower Leas with wonderful Coastal Park . Folkestone also has its own sports centre and swimming pool and water sports along the coast. The property is well placed for the M20 giving access to the Channel Tunnel Terminal at Cheriton and the Port of Dover with its cross Channel ferry services to the Continent. There is also a good selection of schools including boys & girls grammar schools and the highly regarded Sandgate Primary School within the area.
Directions
From Folkestone West Station, turn right picking up Shorncliffe Road heading towards the town centre. The property can then be found on your right hand side just after the junction of Broadfield Road.
Communal Entrance Hall
Stairs access to First Floor.
Lease Details
To be confirmed.
Service Charge
We understand from our vendor that in 2024 the service charge was £479.59. In 2025, the seller paid £500 for the service charge. The seller is awaiting confirmation of the service charge costs for 2026.
Ground Rent
We understand from our vendor that the ground rent is £250 per annum.
EPC Rating
EPC - D
Tenancy
This property is being sold as an investment opportunity with the current tenant paying £375 per calendar month. The current tenancy has been running since 2015 and the rental is considered well below the market value.
AML
If an offer is accepted on a property marketed by Reeds Rains, all purchasers are required to complete ID verification checks. This is a legal obligation under Anti-Money Laundering Regulations and we use a specialist third-party company to carry out these checks. The fee is £30 plus VAT (£36 including VAT) per transaction, payable once the offer is agreed and before the sales memorandum is issued. Please note that once paid, this charge is non-refundable.
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.
Shorncliffe Road, Folkestone, Kent, CT20
Additional Information
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Property refFOL260223
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EPCD
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TenureLeasehold
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Council TaxA
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Local authorityFolkestone and Hythe District Council
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Ground Rent£250
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Ground Rent ReviewContact the branch
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Service Charge£500
Reeds Rains Estate Agents Folkestone
Do you have a property you need to sell?
Reeds Rains Estate Agents Folkestone
Reeds Rains Folkestone
85 Sandgate Road, Folkestone, CT20 2AF
Mon - Fri09:00 - 18:00Saturday09:00 - 16:00SundayClosed
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Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
62Potential
79CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs