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Folkestone
01303 226622

Ashford
01233 640800

Description
1 Bedrooms1 Receptions1 Bathrooms

Rare investment opportunity to purchase three 1-bedroom flats in a small purpose-built block, situated on the ground floor and currently tenanted.

Key features

  • IDEAL INVESTMENT OPPORTUNITY!
  • 1 bedroom flat (one of three available)
  • Good location
  • Purpose built block
  • Currently tenanted
  • Potential rental yield of 7%

Full Description

IDEAL INVESTMENT OPPORTUNITY!

Rare opportunity to purchase three 1-bedroom flats in a small purpose-built block, situated on the ground floor and currently tenanted. The current tenancy expires on 31/05/2025 and it is estimated that the property could achieve £700pcm on the rental market, giving a yield of 7%. The block benefits from communal gardens, communal parking and is close to the Royal Military Canal and the Romney, Hythe and Dymchurch Light Railway. The spacious flats are in good condition throughout. Ideal if you're looking to add to a buy-to-let portfolio. The flats are each to be sold with the benefit of a new 125-year lease.

Located in a quiet cul-de-sac close to Hythe’s Royal Military Canal with its lovely waterside walks, as well as all the amenities that Hythe has to offer including a range of shops, cafes and several supermarkets.

Communications are good from Folkestone West Railway Station with its high-speed rail link which will transport you to London St Pancras in under 1 hour. There are also good local bus services nearby.

Reception

Bedroom

Kitchen

Bathroom

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    For more information contact:

    Kevin Murphy

    01303 226622
    sales@smithwoolley.com

    Hythe

    Situated on Kent’s South coast, the historic town is a balanced mix of ancient and modern architecture, with the High Street retaining a ‘yesteryear' atmosphere. Hythe is a renowned destination for family leisure and seaside activities.

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