Initial price	£80,000
24/11/24	£78,000
29/11/24	£76,000
05/03/25	£74,000
15/03/25	£72,000
22/03/25	£70,000
05/04/25	£66,000
Price Change	-17.50%

This 1-bedroom flat in Folkestone is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, and is currently generating an annual gross income of £6,600. However, with a new owner, the rental income could be increased to a market rate of £8,640 with long-term tenants already in situ. The current tenants have been paying rent consistently for several years and have no intention of moving out, making for a smooth transition. With a worthwhile addition to an investor's portfolio, this property offers a fantastic opportunity for those looking to generate rewarding rental returns.