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Cheriton Road, Folkestone CT20 1 bed flat for sale
Cheriton Road, Folkestone CT20
£70,000
Cheriton Road, Folkestone CT20
£70,000
Price History
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 |
11/04/25 | £72,000 |
17/04/25 | £70,000 |
Price Change | -12.50% |
Description
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 bedroom, lounge, kitchen, and bathroom. Currently, it produces an annual gross income of £6,600, which could be increased to £8,640 with a new owner. The property has a tenant already in situ, who has been paying rent consistently for several years and has no intention of moving out. The current rent is below market rate, providing a great opportunity for the new owner to increase their returns. With a Let Property Pack available, interested investors can learn more about the property's investment potential and take advantage of this worthwhile addition to their portfolio.