This vacant one-bedroom flat is being sold by online public auction with a guide price of £35,000-£70,000. The property is a leasehold, held on a 99-year lease from 2011, with approximately 85 years unexpired. The flat is situated on a residential road, close to local shops and amenities, and within easy reach of Mermaid Beach and Folkstone Central rail station. The property comprises a ground floor flat with a reception room, open-plan kitchen, bedroom, and bathroom. It's important to note that when purchasing a flat with a short lease, additional costs may be incurred to extend the lease to 90+ years, which will involve serving a Section 42 notice to the freeholder and potentially paying a premium. Potential buyers should consider this when making an offer.