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Lounge/ Kitchen
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Bedroom
Lounge/ Kitchen
Lounge
Lounge (Modern Style)
Kitchen
Bedroom
Bedroom (Contemporary Style)
Lounge
Bathroom
Kitchen
Bedroom
Bedroom (Contemporary Style)
Shower Room
Lounge/ Kitchen
Lounge/ Kitchen
Bedroom
Bedroom (Contemporary Style)
Rear Garden
Patio / Decking
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Total views:  2500+
Guide price
£400,000

4 bedroom block of apartments for sale

Broadmead Road, Folkestone, Kent
Attention investors
Auction
Reduced
Block of apartments
4 beds
4 baths
444
EPC rating: C
Reduced < 14 days

Key information

TenureFreehold
Council taxBand A
Mobile signal
EEO2ThreeVodafone

Features and description

  • The images marked "Virtual Stager" show styling potential only. All other images show the property as currently presented.
  • Buyers Fees apply - see brochure for details
  • Freehold block
  • Four one bedroom flats
  • Amazing investment opportunity
  • Tenants in situ
  • Well maintained building
  • Close to Folkestone Central
  • For sale by Modern Auction - T&C's apply
  • Subject to an undisclosed Reserve Price
A rare opportunity to acquire an attractive block of four self-contained flats, located in a sought-after location a stone throw from Folkestone Central. This well-maintained building comprises four 1-bedroom flats each finished to a good standard and benefiting from long-term rental appeal.

The property features a shared entrance hall for 3 of the flats and a separate entrance for the lower ground floor flat. All flats offer modern fitted kitchens, bright living spaces, and contemporary bathroom suites, high ceilings and excellent natural light throughout. With strong rental demand in the area, this block presents an ideal investment opportunity, whether for portfolio expansion or as a first multi-unit purchase. The building is offered freehold and is currently fully let.

This property is for sale by the Modern Method of Auction, should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

Room sizes:
  • Lounge/Kitchen: 18'6 x 12'8 (5.64m x 3.86m)
  • Bedroom: 16'1 x 11'5 (4.91m x 3.48m)
  • Shower Room
  • Cloakroom
  • Entrance Hall
  • Hallway
  • Lounge/Kitchen: 13'0 x 12'0 (3.97m x 3.66m)
  • Bedroom: 16'1 x 11'9 (4.91m x 3.58m)
  • Shower Room
  • Landing
  • Hallway
  • Lounge: 18'6 x 12'8 (5.64m x 3.86m)
  • Kitchen: 7'4 x 5'11 (2.24m x 1.80m)
  • Bedroom: 13'8 x 13'0 (4.17m x 3.97m)
  • Shower Room
  • Landing
  • Hallway
  • Lounge: 13'6 x 13'3 (4.12m x 4.04m)
  • Kitchen: 8'9 x 7'6 (2.67m x 2.29m)
  • Bedroom: 14'0 x 10'8 (4.27m x 3.25m)
  • Bathroom
  • Patio/Decking
  • Rear Garden


AUCTIONEER'S COMMENTS

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee, this being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £349 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. The seller can instruct iamsold to agree a sale without a bidding process taking place or prior to a closing date. No further bids can be accepted after a buyer has paid a Reservation Fee

REFERRAL ARRANGEMENTS

Wards and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Where services are accepted the Auctioneer or Wards may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

TO VIEW OR MAKE A BID - Contact Wards


The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.

We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Wards, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

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About this agent

Wards - Folkestone
Wards - Folkestone
107 Sandgate Road Folkestone CT20 2BL
01303 396882
Full profileProperty listings
Few things are more important to us than our homes, so here at Wards, we believe it’s a real privilege to help people make their dreams a reality. Everyone has their own story. Whether you are buying, selling, or renting we’re here to support you every step of the way. We are excited to show you all the ways we can help, so why not get in touch?  In the meantime, see what thousands of our customers are saying about us on Trustpilot. After all, they probably say it better than we can. Register directly with us to get pre-marketing previews of new properties We can market your property everywhere online. Your property is seen on the four top national property portals. With an extensive office network and a huge database of active customers, we might already have your perfect buyer or tenant on our books. With a joined-up approach to the best quality marketing that really delivers, which includes professional photography, video walk rounds or our amazing virtual tours, along with an exclusive early launch to the very best buyers, which really builds up a buzz about your property before it even hits the property websites, we’ve got you covered. Having helped generations of families move, we are here to help, whether you are looking to buy, sell or rent; you can lean on us.
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