This property is a residential development opportunity and ground rent investment, comprising a detached building with 15 self-contained flats and garages, all sold off on long leases. The investment generates a ground rent of £1,877.75 per annum, indexed to RPI, providing a 5% yield, in addition to licence fees. The property is a low-maintenance investment with potential for further growth through the sale of individual freeholds, lease extension premiums, and possible development opportunities. Located on a residential road, it is close to local shops and amenities, with green open spaces and Folkestone Harbour nearby, and transport links provided by Folkestone Central rail station.