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Millfield, Folkestone

Key features

  • Excellent investment opportunity
  • Freehold
  • Four 1-bedroom flats
  • Town centre location
  • Gas central heating & double glazing
  • Close to train station

Description

A rare opportunity to purchase a semi-detached, freehold block of four one-bedroom flats close to the town centre and train station. Each flat benefits from gas central heating and replacement double glazing and all currently let on assured tenancies. Current total rental income £32,500 per annum.

Flat A - A Self contained garden level flat consisting of entrance hall, living room, bedroom, kitchen, bathroom, south facing rear garden.

Flat B - Occupying the upper ground floor and consisting of entrance hall, living room, bedroom, kitchen, bathroom, L-shaped conservatory (windows not double glazed), balcony.

Flat C - Occupying the first floor and consisting of entrance hall, living room, bedroom, kitchen, bathroom. separate W.C.

Flat D - Occupying the second floor and consisting of entrance hall, living room, bedroom, kitchen, bathroom.

All flats have current EPCs, available on request.

Full Description - A rare opportunity to purchase a semi-detached, freehold block of four one-bedroom flats close to the town centre and train station. Each flat benefits from gas central heating and replacement double glazing and all currently let on assured tenancies. Current total rental income £32,500 per annum.

Flat A - A Self contained garden level flat consisting of entrance hall, living room, bedroom, kitchen, bathroom, south facing rear garden.

Flat B - Occupying the upper ground floor and consisting of entrance hall, living room, bedroom, kitchen, bathroom, L-shaped conservatory (windows not double glazed), balcony.

Flat C - Occupying the first floor and consisting of entrance hall, living room, bedroom, kitchen, bathroom. separate W.C.

Flat D - Occupying the second floor and consisting of entrance hall, living room, bedroom, kitchen, bathroom.

All flats have current EPCs, available on request.

Brochures

Millfield, FolkestoneBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Millfield, Folkestone

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Affordability

Monthly repayments£2,733
Property: £ 545,000
Deposit: £ 54,500
Interest rate: 5.33%
Term: 30 years
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About Smith Woolley, Folkestone

The Manor Office, 43 Castle Hill Avenue, Folkestone, Kent, CT20 2RB
Industry affiliations:

Established in 1929, Chartered Surveyors & Estate Agents, Smith Woolley provides a full range of agency (sales and lettings), professional and property management services to the Residential and Commercial property markets in Folkestone, Hythe, Ashford and East Kent.

The recent acquisition of offices in Ashford, Kent is supporting our expansion programme in providing our extensive commercial and residential services to the mid Kent and Weald of Kent regions.

Our teams of professionals are always on hand to provide 'one to one' advice, so if you wish to contact them to discuss your requirements, call us on 01303 226622 or email through the link above.

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Disclaimer - Property reference 34684231. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Smith Woolley, Folkestone. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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