This vacant ground floor one-bedroom flat is being sold by public auction on October 17, 2025, with a guide price of £40,000+. The property is leasehold, with approximately 85 years unexpired on the 99-year lease. A section 42 notice will be served prior to completion to extend the lease, and the rights will be assigned to the incoming buyer. The flat is situated on a residential road, close to local shops and amenities, and has easy access to Mermaid Beach and Folkstone Central rail station. The property comprises a ground floor flat with a reception room, open-plan kitchen, bedroom, and bathroom. When purchasing a flat with a short lease, buyers should be aware that they may need to pay a premium to the freeholder to extend the lease to 90+ years.