9 Bedroom Property for sale in Folkestone, CT19
Risborough Lane, Folkestone, CT19£655,000
Agent details
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Full Details for 9 Bedroom Property for sale in Folkestone, CT19 :
Superb investment opportunity, block of 7 flats which all have tenants in situ on assured short-hold tenancies. FREEHOLD INCLUDED, all apartments have leases in place. 6% YIELD.
The property was constructed and finished in 2009 by expanding an existing block and building new floors above to create a block of 7 flats in total which are all currently tenanted.
All apartments have individual leases set at 125 years from 2008. We have been informed the total rental income is £39,000 per annum retuning an attractive 6% yield.
For all enquiries please contact South Key Homes, Estate Agents in Folkestone.
Ground floor:
1 One bedroom apartment with its own separate entrance
First Floor:
1 One bedroom apartment
1 Two bedroom apartment
Second Floor:
1 One bedroom apartment
1 Two bedroom apartment
Third Floor
2 One bedroom apartment
Leases 125 years from 2008 with ground rents of £250 per annum, doubling every 25 years. Freehold included
The property was constructed and finished in 2009 by expanding an existing block and building new floors above to create a block of 7 flats in total which are all currently tenanted.
All apartments have individual leases set at 125 years from 2008. We have been informed the total rental income is £39,000 per annum retuning an attractive 6% yield.
For all enquiries please contact South Key Homes, Estate Agents in Folkestone.
Ground floor:
1 One bedroom apartment with its own separate entrance
First Floor:
1 One bedroom apartment
1 Two bedroom apartment
Second Floor:
1 One bedroom apartment
1 Two bedroom apartment
Third Floor
2 One bedroom apartment
Leases 125 years from 2008 with ground rents of £250 per annum, doubling every 25 years. Freehold included
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House Prices for houses sold in CT19 4JH
Stations Nearby
- Folkestone Central
- 1.2 miles
- Folkestone West
- 0.6 miles
- Sandling
- 3.3 miles
Schools Nearby
- Folkestone Academy
- 1.1 miles
- Highview School
- 1.5 miles
- Foxwood School
- 1.9 miles
- Morehall Primary School
- 0.4 miles
- All Souls' Church of England Primary School
- 0.1 miles
- Harcourt Primary School
- 0.4 miles
- Pent Valley Technical College
- 0.4 miles
- Thanet and Dover Alternative Curriculum PRU
- 0.2 miles
- The Harvey Grammar School
- 0.7 miles
