Flat for sale in Harbour Way, Folkestone CT20

Investment Opportunity - New Lease Extension To 125 Years

Modern 2 Bed Apartment Close To Historic Folkestone Harbour, Beaches And Town Centres With Existing Tenants In Situ.

The Good Etsate Agent is proud to offer to the market this investment opportunity.

Close to historic Folkestone Harbour, beaches and Town Centre this two bed apartment with existing tenants.

Constructed around 2006 to modern standards. Situated on the first floor, this contemporary 2 bed apartment includes allocated off-road parking.The apartment benefit from a good sized a living room with open plan fitted kitchen, 2 double bedrooms, modern bathroom, with double glazing and gas fired central heating throughout.

Situated a short walk from Folkestone Harbour and in close proximity to the town centre with an array of shops, restaurants and other local amenities you would expect of a modern town like Folkestone. There is also a good choice of Primary schools, Secondary schools, Academies and Colleges. Nearby Folkestone Leisure Centre includes the usual swimming pool and sports halls and also boasts a dry ski slope.

With easy access to the M20 motorway and Folkestone Central railway station with its High-Speed connection to London is a major benefit to the whole area. Ferry connections to mainland Europe are just a short trip away in Dover and the Channel Tunnel a 10 minute drive.The lease terms are 125 years from 1st January 2009.

New lease extension to 125 years.

The Service Charge for 2023 is £1,800.40 including a buildings insurance contribution.

This apartment offered for sale with the existing tenants in situ, current rental income £9,900 p.a.