Initial price	£725,000
17/01/25	£675,000
Price Change	-6.90%

This property, a block of six flats in the heart of Folkestone, is a lucrative investment opportunity generating a substantial annual income of £47,500. The property has been well-maintained and offers a hassle-free ownership experience, with the added benefit of owning the freehold and individual leases for each flat. The location is prime, with easy access to the town centre, public transport links, and amenities. The property has long-standing tenants in situ, contributing to the stability and reliability of the rental income, and there is potential to increase the rents in line with current market values. With its strong rental income, secure tenants, and potential for rental growth, this property holds significant promise for investors seeking a reliable source of passive income.