Flat for sale in St. Michaels Street, Kent, Folkestone CT20

Property Reference number : 464721

This Ground Floor 1 bed flat (31 square metres) plus balcony has had the same elderly tenant since 2004 who sadly recently passed away. The Flat could now do with refurbishment to get it to an acceptable standard, with complete redecoration a market rent of around £650 pcm could be achieved, recent gas central heating installed and 20-year damp Guarantee.

I have owned this flat since 2010 and now wish to retire, the flat would be a good investment for a Landlord or a good first time buy.

The flat will be sold with a new 125 year lease on completion of the sale and the freehold can be purchased separately if required.

Living Room/Kitchen: 16ft 5ins x 11ft 8ins (5.00m x 3 .56m)
Bedroom: 10ft 2ins x 8ft 8ins (3.10m x 2.64m)
Balcony: 15ft 6ins x 6ft 3ins (4.72m x 1.90m)

Council Tax: A

Current Annual Ground Rent: £75.00

Current Annual Service Charge: £165.00

Current Length Of Lease Remaining: 125 Years

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Property Reference number : 464721