This investment opportunity is a spacious one-bedroom apartment located in Cheriton, with a tenant in situ. The property benefits from having its own direct access from the street, making it independent from the other six flats in the block. The apartment is well-proportioned with a good size lounge, independent kitchen, tiled shower room, and separate bedroom, and is equipped with double glazed windows and gas central heating throughout. While the bathroom and kitchen need some renovation, the property offers a great investment potential. The location is convenient, with local shops, supermarkets, restaurants, and schools nearby, and easy access to Folkestone town centre and the M20 motorway. The property is being offered with a 97-year lease, and the current rental income is £750 per month, with a ground rent of £250 per annum and a service charge of £2,820.40 per annum.