Lot 6 - The Coach House, 106 Dover Road, Folkestone, Kent, CT20 1QY

  • Unconditional Online Auction Sale
  • Guide Price* : £600,000
  • Bedrooms: 11
  • Bathrooms: 4
  • Reception Rooms: 4

A Well Located Freehold Investment Opportunity Consisting Of Four Apartments Producing a rental income of £60,000 Per Annum.


Description

This residential building located in Kent, consists of 3 x 3 bedroom apartments and 1 x 2 bedroom maisonette.
Some of the apartments have the benefit of off street parking and one apartment has a garden.
Producing a rental income of £60,000 Per Annum.

Tenure

Freehold

Accommodation

Flat 1 - Ground Floor
Living room
Kitchen
3 Bedrooms
Bathroom

Flat 2 - Ground floor
Living room
Kitchen
Ensuite
3 Bedrooms
Bathroom

Flat 3 - First & Second Floor Maisonette
Living room
Kitchen
2 Bedrooms
Bathroom

Flat 4
Living room
Kitchen
3 Bedrooms
Bathroom

Exterior
Parking on site

Location

This property is located in Kent at the junction of Dover Road and Harbour Road around half a mile east of Folkestone Town Centre which provides a variety of shops, eateries, leisure facilities and local services.
Transport links are provided by Folkestone Central, which is served by SouthEastern Trains.

Tenancy

Total monthly Income £5,000 PCM
Total Yearly income £60,000 PA

Sector

Residential

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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