Flat 1, 48 Dover Road, Folkestone... 1 bed flat for sale

>

Flat 1, 48 Dover Road, Folkestone... 1 bed flat for sale

Flat 1, 48 Dover Road, Folkestone, Kent, CT20 1LD
£50,000

Our Summary

  • Guide Price = £50,000+ **For Sale By Public Auction 10th September 2025 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack** A Vacant Ground Floor One Bedroom Flat Tenure Leasehold

Description

This vacant one-bedroom flat is being sold by public auction on September 10th, 2025, and is situated on a residential road near local shops and amenities. The property is held on a 99-year lease with approximately 85 years unexpired, and a section 42 notice to extend the lease will be served prior to completion, assigning the rights to the incoming buyer. The flat comprises a ground floor one-bedroom property with a reception room, open-plan kitchen, bedroom, and bathroom. It's located close to Mermaid Beach and Folkstone Central rail station, making it a convenient option for those looking for a residential property in the area. However, it's important to note that as the lease is short, the buyer will need to pay a premium to the freeholder to extend the lease to 90+ years, which can be a complex and costly process.