Main image of 8 bedroom Mid Terrace House for sale, Russell Street, Kent, CT16
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£400,000 Offers over

8 bedroom Mid Terrace House for sale,
Russell Street, Kent, CT16

Folkestone Branch Manager
Reeds Rains Estate Agents Folkestone
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Features and Description

  • Investment Opportunity
  • 4 X 2 Bed Flats
  • No Onward Chain
  • EPC - C

**FREEHOLD INVESTMENT OPPORTUNITY**Reeds Rains are delighted to bring to the market this substantial end of terrace freehold property which has been split in to four independent self-contained flats. The independent flats are being sold with tenants in situ with the entire building currently achieving an annual income of £31,500. All units have two bedrooms and occupy each individual floor. The block is well located within walking distance of the town centre, seafront and train station and is being offered to all investment purchasers looking to add to their portfolio.

Flat 1

A two bedroom lower ground floor flat being sold with a tenant in situ. EPC - D. Council Tax Band A.

Flat 2

A two bedroom ground floor flat being sold with a tenant in situ. EPC - C. Council Tax Band A.

Russell Street, Kent, CT16

Additional Information

  • Property ref
    FOL210071
  • EPC
    C
  • Tenure
    Freehold
Folkestone Branch Manager
Reeds Rains Estate Agents Folkestone

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Reeds Rains Estate Agents Folkestone

Folkestone Branch Manager
Reeds Rains Folkestone
85 Sandgate Road, Folkestone, CT20 2AF
Mon - Fri09:00 - 18:00Saturday09:00 - 16:00SundayClosed

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Borrowing £360,000 and repaying over 25 years with a 2.5% interest rate.

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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.

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Main image of 8 bedroom Mid Terrace House for sale, Russell Street, Kent, CT16
Flat 2

A two bedroom ground floor flat being sold with a tenant in situ. EPC - C. Council Tax Band A.

Flat 2 Flat 2 Flat 2 Flat 2 Flat 2 Flat 2
Flat 4

A two bedroom top floor (second) flat being sold with a tenant in situ. EPC - D. Council Tax Band A.

Flat 4 Flat 4 Flat 4 Flat 4 Flat 4 Flat 4
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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

75

Potential

80

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

75

Potential

80