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Area stats3 bedroom maisonette for sale
Key information
Features and description
- Three Bedroom Maisonette
- No Chain
🔑 Turnkey Investment in Central Folkestone – 5 Floors | 7–8% Yield
💷 Price: £360,000
� Location: Guildhall Street, Folkestone CT20
📈 Yield: Estimated 7–8% Net Return
� Tenure: Freehold
A rare chance to acquire a beautifully refurbished 5-storey freehold property on Folkestone’s vibrant Guildhall Street—just a 3-minute walk from the sea.
ðŸ� Property Features:
•Approx. 200 m² across 5 floors (incl. basement)
•Fully renovated: new roof, modern interiors, refreshed façade
•Ground floor leased to MJ’s Barbers – established, stylish tenant
•Upper floors let as long-term residential units
•Sea and Channel views from top floors
� Prime Location:
•Central pedestrianised street with high footfall
•55 mins to London by train
•20 mins to Dover, 1 hr by ferry to France
•Close to shops, cafes, and the seafront
💰 Current Rental Income:
•MJ’s Barbers: £900/month (increase planned after year-end)
•Residential: £1,200/month
•Total: £25,200/year
•Estimated net yield: 7–8%
🛠� Investment Ready:
Fully tenanted and income-generating from day one. Ideal for passive investors or buyers wanting a mixed-use setup. No major work needed—viewings available immediately.
Property Description Disclaimer
This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.
Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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