£20,000
Est. Mortgage £101 per month*
Studio flat for sale
FREEHOLD GROUND RENT INVESTMENT: FOLKESTONE
studio Flat Property description
Situated on the distinguished Castle Hill Avenue in Folkestone, Kent, 60 Castle Hill Avenue is a period residential building comprising four flats. The property is located approximately 200 meters from Folkestone Central railway station, providing convenient access to London and other destinations.
Castle Hill Avenue itself is a tree-lined street known for its elegant period buildings and proximity to both the town center and the seafront. The area has been recognized for its regeneration efforts, with The Times awarding Folkestone the title of "Best Place to Live in The South East" in 2024.
The town centre of Folkestone is within walking distance of the property, offering a selection of high street retailers, independent shops, cafes, and restaurants. Supermarkets such as Tesco, Sainsbury's, and Waitrose are easily accessible. Additionally, the property is close to the historic Folkestone Harbour, which has seen significant investment in recent years.
LEASES
The flats are all held on 999 year leases from March 1972, expiring in March 2971. All pay a ground rent of £100 per annum. The Landlord is to arrange the buildings insurance for the property.
The flats have EPC ratings of D, C, D and E.
Castle Hill Avenue itself is a tree-lined street known for its elegant period buildings and proximity to both the town center and the seafront. The area has been recognized for its regeneration efforts, with The Times awarding Folkestone the title of "Best Place to Live in The South East" in 2024.
The town centre of Folkestone is within walking distance of the property, offering a selection of high street retailers, independent shops, cafes, and restaurants. Supermarkets such as Tesco, Sainsbury's, and Waitrose are easily accessible. Additionally, the property is close to the historic Folkestone Harbour, which has seen significant investment in recent years.
LEASES
The flats are all held on 999 year leases from March 1972, expiring in March 2971. All pay a ground rent of £100 per annum. The Landlord is to arrange the buildings insurance for the property.
The flats have EPC ratings of D, C, D and E.
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First listed
Over a month agoFREEHOLD GROUND RENT INVESTMENT: FOLKESTONE
Marketed by
Clarke & Crittenden - Birchington 105 Station Road Birchington, Kent CT7 9RECall agent on 01843 306692
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Monthly repayment
Based on a 25 year mortgage, with a 10% deposit and a 4.50% interest rate.
FREEHOLD GROUND RENT INVESTMENT: FOLKESTONE - Streetview
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