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1 bedroom flat for sale
Cheriton Road, Folkestone, CT20
£80,000
Cheriton Road, Folkestone, CT20
£80,000
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 offers a lucrative investment opportunity for those looking to expand their portfolio. Currently producing an annual gross income of £6,600, the property has the potential to increase to £8,640 with long-term tenants already in place. The well-maintained home features a bedroom, lounge, kitchen, and bathroom, and is situated close to valuable amenities. With a tenant currently situated, the new owner can expect a smooth transition and minimal vacancy periods. The property's consistent rental income and potential for growth make it an attractive addition to any investor's portfolio.