Initial price	£50,000
10/04/25	£45,000
Price Change	-10.00%

This vacant one-bedroom flat is being sold by public auction on April 23rd, 2025, with a guide price of £45,000+. The property is leasehold, with approximately 85 years unexpired on the 99-year lease, and a section 42 notice will be served prior to completion to extend the lease. Located on a residential road near local shops and amenities, the flat is close to Mermaid Beach and Folkstone Central rail station. The accommodation comprises a ground floor one-bedroom flat with a reception room, open-plan kitchen, bedroom, and bathroom. When purchasing a flat with a short lease, it's important to note that a premium may be required to extend the lease to 90+ years, and the freeholder has the right to refuse or submit a counter notice with their suggested price.