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1 bedroom flat for sale
Cheriton Road, Folkestone CT20
£78,000
Cheriton Road, Folkestone CT20
£78,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This 1-bedroom flat in Folkestone is a fantastic investment opportunity, offering a current annual gross income of £6,600 and potential to increase to £8,640 with long-term tenants already in place. The well-kept home features a bedroom, lounge, kitchen, and bathroom, and is situated close to amenities. With a tenant already situated, the new owner can benefit from a hassle-free investment, and the current tenants have consistently paid their rent for several years and have no intention of moving out. With a worthwhile addition to an investor's portfolio, this property is a great choice for those looking to expand their rental income.