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Folkestone, CT20

SOLD STC|£350,000|Flat | 0 bedroom | Ask agent
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Approximate area: CT20
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Added on 28th March 2025 by Motis Estates, Folkestone
Sale agreed after 1 year, 5 months
Summary
*** Investment Opportunity *** Motis Estates Chartered Surveyors in Folkestone are proud to bring to market a prominent restaurant and 3 flats in the heart of Folkestone's town centre.
EPC data
Date of EPC: 30th June 2025 - Valid
EPC rating: E
Property age: Before 1900
EPC energy efficiency rating: current 50, potential 67
Rent data
2 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £650 to £675 which represents a yield of between 2.2% and 2.3% if buying at the asking price
A yield of 2.5% to 2.6% if purchased for 90% of the asking price (£315,000)
A yield of 2.8% to 2.9% if purchased for 80% of the asking price (£280,000)
Stamp duty
£
Main and only residence: £7,500.00
First-time buyer: £2,500.00
Buy-to-let: £25,000.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
None