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£1,990,00015 bedroom property for sale
Bradstone Road, Folkstone CT20
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Property
15 beds
8515
Key information
Tenure: Freehold
Council tax: Band A
Broadband: Super-fast 80Mbps *
Mobile signal:
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Features and description
- Block of 15 apartments in Folkestone, CT20
- 11 x two-bedroom apartments
- Currently vacant and ready for lease or occupation
- Strong income potential and long-term investment security
- Total internal area: 8,515 sq ft
- 4 x one-bedroom apartments
- Estimated rental income: £165,000 per annum
An exceptional investment opportunity to acquire a vacant residential block in the coastal town of Folkestone (CT20). The property comprises 15 apartments - 11 two-bedroom and 4 one - bedroom units - across a total of 8,515 sq. ft.
An exceptional investment opportunity to acquire a vacant residential block in the coastal town of Folkestone (CT20). The property comprises 15 apartments 11 two-bedroom and 4 one-bedroom units across a total of 8,515 sq. ft. All apartments are presented in good condition, making this an attractive proposition for both private rental or institutional lease models.
The building offers an estimated annual rental income of £165,000, with further upside potential.
Key Investment Points:
- Prime block of 15 apartments in Folkestone (CT20)
- Total floor area: 8,515 sq ft
- 11 x two-bedroom apartments
- 4 x one-bedroom apartments
- Currently vacant – ready for occupation or lease
- Estimated market rent: £165,000 per annum
Apartment 1
Ground floor two bedroom apartment with EPC rating of "D". ( 62 SQM)
Apartment 2
Ground floor two bedroom apartment with EPC rating of "D". ( 55 SQM)
Apartment 3
Ground floor two bedroom apartment with EPC rating of "C". ( 50 SQM)
Apartment 4
Ground floor one bedroom apartment with EPC rating of "D". ( 41 SQM)
Apartment 5
Ground floor two bedroom apartment with EPC rating of "C". ( 58 SQM)
Apartment 6
First floor two bedroom apartment with EPC rating of "C". ( 59 SQM)
Apartment 7
First floor one bedroom apartment with EPC rating of "C". ( 49 SQM)
Apartment 8
First floor one bedroom apartment with EPC rating of "C". ( 48 SQM)
Apartment 9
First floor two bedroom apartment with EPC rating of "C". ( 59 SQM)
Apartment 10
First floor two bedroom apartment with EPC rating of "C". ( 54 SQM)
Apartment 11
Second floor two bedroom apartment with EPC rating of "E". ( 50 SQM)
Apartment 12
Second floor two bedroom apartment with EPC rating of "E". ( 59 SQM)
Apartment 13
Second floor two bedroom apartment with EPC rating of "D". ( 48 SQM)
Apartment 14
Second floor one bedroom apartment with EPC rating of "D". ( 48 SQM)
Apartment 15
Second floor two bedroom apartment with EPC rating of "D". ( 51 SQM)
Additional Information
Buyer Fee2.00% + VAT
TenureFreehold
Rights and EasementsAsk Agent
RisksAsk Agent
Gross Yield: 8.3%
Buyer Fee: 2.00% + VAT
An exceptional investment opportunity to acquire a vacant residential block in the coastal town of Folkestone (CT20). The property comprises 15 apartments 11 two-bedroom and 4 one-bedroom units across a total of 8,515 sq. ft. All apartments are presented in good condition, making this an attractive proposition for both private rental or institutional lease models.
The building offers an estimated annual rental income of £165,000, with further upside potential.
Key Investment Points:
- Prime block of 15 apartments in Folkestone (CT20)
- Total floor area: 8,515 sq ft
- 11 x two-bedroom apartments
- 4 x one-bedroom apartments
- Currently vacant – ready for occupation or lease
- Estimated market rent: £165,000 per annum
Apartment 1
Ground floor two bedroom apartment with EPC rating of "D". ( 62 SQM)
Apartment 2
Ground floor two bedroom apartment with EPC rating of "D". ( 55 SQM)
Apartment 3
Ground floor two bedroom apartment with EPC rating of "C". ( 50 SQM)
Apartment 4
Ground floor one bedroom apartment with EPC rating of "D". ( 41 SQM)
Apartment 5
Ground floor two bedroom apartment with EPC rating of "C". ( 58 SQM)
Apartment 6
First floor two bedroom apartment with EPC rating of "C". ( 59 SQM)
Apartment 7
First floor one bedroom apartment with EPC rating of "C". ( 49 SQM)
Apartment 8
First floor one bedroom apartment with EPC rating of "C". ( 48 SQM)
Apartment 9
First floor two bedroom apartment with EPC rating of "C". ( 59 SQM)
Apartment 10
First floor two bedroom apartment with EPC rating of "C". ( 54 SQM)
Apartment 11
Second floor two bedroom apartment with EPC rating of "E". ( 50 SQM)
Apartment 12
Second floor two bedroom apartment with EPC rating of "E". ( 59 SQM)
Apartment 13
Second floor two bedroom apartment with EPC rating of "D". ( 48 SQM)
Apartment 14
Second floor one bedroom apartment with EPC rating of "D". ( 48 SQM)
Apartment 15
Second floor two bedroom apartment with EPC rating of "D". ( 51 SQM)
Additional Information
Buyer Fee2.00% + VAT
TenureFreehold
Rights and EasementsAsk Agent
RisksAsk Agent
Gross Yield: 8.3%
Buyer Fee: 2.00% + VAT
Property information from this agent
About this agent
At Leafy Estates, we are experts in residential lettings and sales in Harrow. Our mission is to provide an exceptional experience tailored to our clients' needs. We work extensively with property developers to grow and manage their portfolios, and offer personalized services to landlords, ensuring tenants enjoy a great experience in their new homes. In addition to specializing in residential rentals, we can advise you on the best strategies to maximize your property's income through various alternative approaches. Contact us for a free consultation. We are members of the 'Property Redress Scheme' (PRS) and our CMP provider is 'Money Shield'.