***CASH BUYERS ONLY PLEASE at request of vendors)*** Investment Alert, A CHAIN FREE Studio Apartment For Sale In The Absolute Prime Location Of Folkestone's East End Is Now Available. Folkestone Estate Agents Your Key Move are thrilled to bring to market this fantastic Investment opportunity. To be able to buy a very rentable piece of real estate minutes walk from the famous harbour arm and beaches of Folkestone for just one hundred thousand pounds will prove to be a very sound investment for any astute individual or investor. This flat is located just a few minutes walk up a road which leads straight to the famous Folkestone Harbour Arm. As you may be aware, Folkestone has been privileged to receive huge funding and vision from wealthy business men and companies which are transforming the real estate value of this town which means this is a very good opportunity to grab yourself a piece of real estate in the area. So what exactly is on offer here, well you are buying a small self contained studio apartment on the fourth floor which consists of a small hallway, a modern bathroom and a large open plan kitchen/lounge/dining room which opens up to the large bedroom area. The building this flat is located in has lift access which is great news, as this makes it accessible for all. There is also ample private off street parking available to the residents which, in such a great location, is a real coup. This apartment has been exceptionally renovated and decorated throughout and looks very much the part for the holiday lettings it is currently being used for. Lease Information: 125 Years from 1992 £100 PA Ground rent £720 PA Maintenance Additional benefits include double glazing, electric heating and being sold Chain free. From a location perspective, Folkestone is a beautiful, highly desirable up and coming town offering a wide range of high end restaurants, bars, and cafes. The positioning of this flat means you can walk right along the flat seafront promenade from Folkestone right the way into Sandgate beautiful seafronts. The newly developed and up and coming Harbour Arm offers an abundance of coffee houses, seafood eateries and outside viewing areas. There is even even a champagne bar after the gourmet eateries at the very end of the Harbour Arm. What better way than to stroll along on a hot summers day without the need of having to drive as you would be located in the one of the best up and coming locations Folkestone has to offer. There is also the lovely coastal market town of Hythe to the west, with a huge range of culinary delights to suit everyone's tastes, partly due to its fantastic collection of small independent shops and rich history as well as fresh local fish & chips and stunning coastal walks. A short walk up the old high street in the centre of the trendy Art Scene Folkestone is now famous for leads you straight into the town centre. Folkestone Central train station is also only a short distance away and provides a high-speed rail link to London. With Eurotunnel, Dover Port and the Eurostar on your doorstep your European adventures are but a whisker away. Viewing is Highly Recommended and only through an appointment with Folkestone Estate Agents Your Key Move. *At the time of an offer being accepted on a property marketed by Your Key Move LTD, the purchaser(s) will need to provide documentation in order for us to undertake the necessary identification checks, in order to adhere to our obligation under the Anti Money Laundering Regulations (AML). This is a legal requirement and we will not proceed with a buyer(s) until these checks have been carried out. Your Key Move LTD uses a specialist third party service to verify identities. The cost of these checks is £50 plus VAT per purchase, which has to be paid in advance when an offer is agreed and will be prior to a sales memorandum being issued to solicitors. This fee is non-refundable. Any questions on this should be asked prior to placing an offer.
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1 Spacious Bedroom
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1 Modern Bathroom
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Prime Location
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Property Details
Property TypeHouse
Bedrooms1
Bathrooms1
Price£100,000
Sale StatusSold Subject to Contract
Property Ref: #000375
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ℹSome figures below are based on the surrounding CT20 area, not the exact property - this listing doesn't yet have a confirmed full postcode from the agent. Treat them as a guide and confirm the specifics with the agent or the official source.
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Solar Potential
29,403 kWh/yr
Excellent solar potential
78 panels, 31.2 kW system
MEDIUM imageryMarch 2021Older imagery - new builds may differ
Maximum roof capacity
112 panels (389 m²)
Estimated value£5,200 / year*
CO2 offset14,080 kg / year
Panel lifetime20 years
Solar potential for CT20
* Estimated value based on Ofgem price cap (24.67p/kWh import) and typical Smart Export Guarantee rate (12.00p/kWh export), assuming 45% self-consumption without a battery.
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Rank 13,611 of 33,755
Income
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6/10
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Health
3/10
Most deprived 20-30%
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3/10
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Neighbourhood Population
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141Children (0-15)
947Working Age
524Over 60
ℹNot available for this property:Flood Risk Check, Air Quality
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