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Mid Terrace House for sale, Westbourne Gardens, Folkestone, Kent, CT20
Features and Description
Reeds Rains are delighted to bring to the market this attractive freehold-only investment opportunity, located within a sought-after and well-regarded building in the West End of Folkestone.
The property comprises five self-contained apartments, offering an excellent opportunity for investors seeking a ready-made residential investment in a consistently popular location. The West End of Folkestone is well known for its strong rental demand, proximity to local amenities, transport links, and the seafront, making this an appealing proposition for investors.
The building is positioned within easy reach of Folkestone town centre, the Leas Promenade, and Folkestone West station, providing convenient access to High Speed rail services. The area continues to benefit from ongoing regeneration, further enhancing long-term investment potential.
Location
Westbourne Gardens is located close to The Leas Promenade within Folkestone's sought after West End, and being a level walk from the town centre and from Folkestone Central Station where the High Speed Link to London, St Pancras is available with commuting times under an hour. The picturesque Leas Promenade is at the end of the road from where access can be gained to the most attractive coastal path at the foot of The Leas which can be followed all the way to Folkestone Harbour with the recently revitalised Harbour Arm with champagne bar, restaurants, cafes and live music. The vibrant village of Sandgate with its eclectic mix of village store, antiques shops, boutiques, public houses, cafes and restaurants is a little further where the long stretches of shingle beach and sailing club can be found by meandering down one of the pretty lanes or alleyways from the high street.
Freehold
Please note this sale only includes the freehold for 9 Westbourne Gardens and does not include any of the five apartments.
Flat 1
Lease - 99 Years from 1985Ground Rent - £350 per annum
Flat 2
Lease - 189 Years from 1985Ground Rent - £300 per annum
Flat 3
Lease - 198 Years from 1985Ground Rent - Peppercorn
Flat 4
Lease - 152 Years from 1985Ground Rent - £245 per annum until 2084 when it will become a peppercorn.
Flat 5
Lease - 154 Years from 1985Ground Rent - £125 per annum
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
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 travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Westbourne Gardens, Folkestone, Kent, CT20
Additional Information
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Property refFOL250013
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TenureFreehold
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Council TaxNA
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Local authorityFolkestone and Hythe District Council
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