Guide price

£48,000

1 bed flat for sale
Guildhall Street, Folkestone, Kent CT20

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: F

Back to market
Chain free
Auction
Leasehold
Reduced on 01/07/2026

About this property

  • Guide Price - £48,000 to £52,000

  • One Bedroom Lower Ground Floor Flat

  • Private Rear Garden

  • EPC Rating - F

  • Being Sold by Auction

  • Close to Railway Station

  • No Onward Chain

  • In Need of Full Modernisation

Being sold via auction alongside clive emson auctioneers......Reeds Rains are delighted to bring to the market this superb investment opportunity for a one bedroom lower ground floor garden apartment located close to the town centre, mainline railway station and harbour area. The apartment does require complete modernisation throughout but does benefit from a private gardens. The property is being sold with a short lease of approx 59 remaining and with no onward chain. The property is being sold alongside joint auctioneers Clive Emson on 23rd July 2026.

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

FOL260057/8

Location

A surprisingly private and peaceful living space situated only moments from the hustle and bustle of Folkestone's town centre. Nearby there are steps leading down to the beach, harbour and new Harbour Arm with its pop-up restaurants and lighthouse champagne bar. The Old High Street and Creative Quarter are also nearby. Folkestone West & Folkestone Central Stations both benefit from High Speed services to London St Pancras with journey times of under an hour. The M20 (Junction 13), the Channel Tunnel Terminal and Ferry Port of Dover are all within easy reach.

Communal Entrance

Steps down to lower ground floor communal area. Door to Basement Flat.

Private Garden

A private garden to the rear of the property accessed through the kitchen or side alleyway access.

Lease Details

We have been informed by our vendor that the property comes with a 99 year lease from 1st May 1986.

Service Charge

We have been informed by our vendor that the service charge for 2025 was £760.38.

Ground Rent

We have been informed by our vendor that the ground rent is £50 per annum.

Council Tax

Band - A

EPC Rating

EPC - F

Auction

The property is being sold by Clive Emson Auctioneers with Reeds Rains acting as Joint Auctioneers. The property is being via online auction on 23rd July 2026. Full legal details surrounding the auction can be viewed on Clive Emson's website. All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors.

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Monthly repayment

£240 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

    Leasehold (58 years)

  • Service charge

    £760 per year

  • Council tax band

    A

  • Ground rent

    £50

  • Ground rent date of next review

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Reeds Rains - Folkestone

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