Cheriton Road, Folkestone CT20 1 bed flat for sale

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Cheriton Road, Folkestone CT20 1 bed flat for sale

Cheriton Road, Folkestone, CT20
£76,000

Price History

Initial price £80,000
24/11/24 £78,000
29/11/24 £76,000
Price Change -5.00%

Description

This 1-bedroom flat in Folkestone is a fantastic investment opportunity, offering a current annual gross income of £6,600 and the potential to increase this to £8,640 with long-term tenants already in place. The property is well-maintained and features a lounge, kitchen, and bathroom, making it a worthwhile addition to any investor's portfolio. The current tenants have been in the property for several years and have consistently paid their rent, with no intention to move out, ensuring a smooth transition for the new owner. With its proximity to valuable amenities and potential for increased rental returns, this property is a great choice for investors looking to expand their portfolio.