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£1,450,000

Rendezvous Street, Folkestone, Kent

  • 10 beds
Flat

£1,450,000

  • 10 beds
Flat
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Estimate monthly mortgage payment:

£6,620 per month

Minimum deposit amount:

£72,500
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A Freehold Residential Investment Opportunity with Asset Management and Breakup Potential. Unbroken block of 10 apartments located in the heart of the town. Living space comprises 4 x 2 Bedrooms, 6 x 1 Bedroom - NIA - £5,223.77 sq ft. The ground floor and basement currently hold E-class use and comprises 1,920 sq ft over the ground floor and £1,857 sq ft in the basement which would be available on a 999 year lease or an offer would be considered to purchase this element. All apartments currently let on AST's producing a annual rent roll of £68,400 per annum.
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Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£86,250
Mortgage and legal costs:
£999
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