9 bedroom flat for sale

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9 bedroom flat for sale

Foord Road South, Folkestone, CT20
£465,000

Price History

Initial price £500,000
05/02/24 £450,000
07/06/24 £465,000
Price Change -7.00%

Description

This investment opportunity is located in a prime area within walking distance to the town, regenerated seafront, and bus station. The building consists of four two-bedroom flats and one three-bedroom flat, all of which are currently let and generating an annual income of around £38,000. The building is generally presented in good condition, with some work needed, and features a communal courtyard. Note that one of the flats comes with a small outside space, and tenants are currently in-situ, with the owner providing two months' notice for vacate. Identification checks will be required for purchasers with an accepted offer.