For Sale3 Bedroom Maisonette Flat in Guildhall Street, Folkestone, CT20 1EA£360,000
Property Type
Maisonette Flat
Bedrooms
× 3
Bathrooms
× 2
Receptions
× 1
Tenure
Freehold
Price
£360,000
Key Features
- Three Bedroom Maisonette
- No chain
Resources
Description
🔑 Turnkey Investment in Central Folkestone – 5 Floors | 7–8% Yield 💷 Price: £360,000 📍 Location: Guildhall Street, Folkestone CT20 📈 Yield: Estimated 7–8% Net Return 📝 Tenure: Freehold A rare chance to acquire a beautifully refurbished 5-storey freehold property on Folkestone’s vibrant Guildhall Street—just a 3-minute walk from the sea. 🏠 Property Features: • Approx. 200 m² across 5 floors (incl. basement) • Fully renovated: new roof, modern interiors, refreshed façade • Ground floor leased to MJ’s Barbers – established, stylish tenant • Upper floors let as long-term residential units • Sea and Channel views from top floors 📍 Prime Location: • Central pedestrianised street with high footfall • 55 mins to London by train • 20 mins to Dover, 1 hr by ferry to France • Close to shops, cafes, and the seafront 💰 Current Rental Income: • MJ’s Barbers: £900/month (increase planned after year-end) • Residential: £1,200/month • Total: £25,200/year • Estimated net yield: 7–8% 🛠️ Investment Ready: Fully tenanted and income-generating from day one. Ideal for passive investors or buyers wanting a mixed-use setup. No major work needed—viewings available immediately.