>
3 bedroom flat for sale
Black Bull Road, Folkestone, CT19
£285,000
Black Bull Road, Folkestone, CT19
£285,000
Our Summary
- Located in the centre of Folkestone, this freehold property offers a unique investment opportunity
- With tenants already in situ, this property offers a hassle-free investment opportunity, ensuring a steady income stream from day one
- The existing rental income provides a strong foundation for future growth, with ample potential to increase the rents and enhance the overall return on investment
- With tenants already in place, this property presents an investment opportunity for those looking to enter the property market or expand their existing portfolio
- The existing rental income, combined with the potential for further growth, ensures a solid return on investment and a secure financial future
- With its attractive gross annual yield, convenient location, and potential for growth, this property is a wise choice for those looking to make a smart investment in the thriving town of Folkestone
Description
This freehold property in Folkestone offers a unique investment opportunity, consisting of a one-bedroom ground floor flat with a charming courtyard garden and a two-bedroom maisonette. The property already has tenants in situ, providing a hassle-free investment with a gross annual yield of 7.2%. The existing rental income provides a strong foundation for future growth, with potential to increase rents and enhance returns. The property is perfectly positioned in the town center, offering easy access to amenities and transport links, making it a highly desirable location for potential tenants. The one-bedroom flat and two-bedroom maisonette both offer comfortable and spacious living spaces, with the maisonette being ideal for professionals, couples, or small families. With a solid return on investment and potential for growth, this property presents an attractive opportunity for first-time investors and seasoned landlords alike.