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

Online Auction | Guide Price*: £570,000

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House
Abandoned
Hammer

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.