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£125,000

Cheriton Place, Folkestone, Kent, CT20

  • 2 beds
Flat
Under offer/SSTC

£125,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£571 per month

Minimum deposit amount:

£6,250
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***CHAIN FREE***

INVESTMENT ALERT - Fantastic Large Two Bedroom Top Floor Flat Situated Right In The Heart Of Folkestone Town Centre.

Folkestone estate agents Your Key Move are delighted to bring to market this top level two bedroom flat in a prime location in Folkestone town centre.

This flat is located in a popular street in folkestone with private secure access to the six flats this building contains from street level.

Through the flats door you have a hallway with telephone entry system for you to allow friends and guests in. Heading up from the large hallway you reach the private landing. There is a good sized modern family bathroom off to your right and the double master bedroom off to your left. This bedroom is an excellent size and will easily house all of your desired bedroom furniture. Due to the flats elevated position, all of the windows have great views and benefit from lots of natural light coming into the flat.

Straight ahead from the hallway is the very large open plan kitchen and lounge area. This room creates a lovely living space which will cater for every setup while proving a practical and spacious area to relax in. Off from this area is the second double bedroom which again has those great views from the window.

This flat provides an excellent opportunity for a rental income, be it short or long term lease or even air-B&B, or would make a great flat for a first time buyer or additional centrally located property. With Folkestone's real-estate value going up all the time, what better investment for the future than this very versatile and investable flat.

Additional to note:

Leasehold is 900+ years & chain free.

Ground rent is £50 per year and service charge £1200 per year.

Double glazing throughout.

This flat is currently rented out so there would be the option to have a paying tenant left in situ if desired by the new owner.

There will be a fee of around £10,000 to pay by the new owner at some future stage for the building works scheduled to be paid by the flats which make up the building, but this listing price of the flat has taken that into account by being listed at £139,500 rather than £145,000 which we value it at.

From a location perspective, this great flat is situated in the very centre of the up and coming Folkestone town centre. The property is positioned within 10 minutes walk to Folkestone Central train station (with direct high-speed rail links to London St Pancras in under an hour) and easy access to London, Dover, Hythe and Folkestone town centre. The famous Leas Promenade with coastal paths leading to the beach is but a 1 minute walk away, with Sandgate village to the west (with its run of eclectic shops, bars, and restaurants) and the regenerated Harbour Arm and Creative Quarter equally just as close. As well as the close proximity of Folkestone Central station, nearby transport links include the Eurotunnel, the M20 and Dover Ferry Port.

If you are searching for a truly excellent investment opportunity, this two bedroom flat will most definitely be right up your street.

Viewings are strictly by appointment and only through sole Folkestone estate agents Your Key Move.

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