This vacant ground floor one-bedroom flat is being sold by online public auction on April 23rd, 2025, with a guide price of £50,000+. The property is leasehold, with approximately 85 years remaining on a 99-year lease from 2011. A Section 42 notice will be served prior to completion to extend the lease, which will be assigned to the buyer. The flat is located on a residential road near local shops and amenities, with Mermaid Beach and Folkstone Central rail station nearby. 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, it's essential to understand that a premium may be required to extend the lease to 90+ years, which will be negotiated with the freeholder.