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Spindle Close, Folkestone CT18 1 bed flat for sale
Spindle Close, Folkestone CT18
£169,000
Spindle Close, Folkestone CT18
£169,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 1-bedroom flat in Folkestone is an attractive investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, with a current annual gross income of £10,200 from a long-term tenant who has consistently paid rent. The tenant has no intention of moving out, and the property has the potential to generate a market rate income of £13,800. With its proximity to amenities and ability to generate rewarding rental returns, this property is a worthwhile addition to any investor's portfolio.