MapGuide price
£320,0003 bedroom flat for sale
Blackbull Road, Folkestone, CT19
Flat
3 beds
1 bath
2,857 sq ft / 265 sq m
Key information
Tenure: Freehold
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Tenure: Freehold
GUIDE PRICE £320,000 Freehold Investment
A three-bedroom maisonette and a commercial shop less than a mile from Folkestone Central station is being offered to the market as an investment at 7% yield.
The property consists of a ground floor retail shop and a three bedroom maisonette which has a seperate access. The front door leads into a good sized entrance where there is a bathroom to the left which has a seperate corner bath and shower cubicle. The bathroom has laminate flooring and is part tiled on the wall. There is a utility room adjacent which has a stainless steel sink. The ground floor also consists of the kitchen which has a generous amount of cupboards, there is an integrated electric hob and cooker. There is also an open plan living room and open plan dining room.
The first floor consists of two double bedrooms and a single bedroom, all with built in storage. There is also a useful cupboard on the landing. There is Gas Central Heating and Double Glazing.
Externally, there is a small decking area suitable for a table and chairs
The ground floor is a commercial shop which is approx 136 sq m of ground floor space which is currently leased on a FRI lease.
Tenancies
Commercial - A lease renewal of 5 years from 25th March 2023 at £10,500 per annum. The owner has confirmed that all rent has been paid on-time for 18 years.
Residential - An AST was formed on 16th February 2023 at a rent of £995 per month - The owner has confirmed that all rent has been paid on-time.
Use: E Use Class
Energy Performance Certificate: 105 (E) - Full EPC available upon request.
Services: Water, Drainage, Gas and Electricity
Rateable Value: £7,000 (Folkestone and Hythe District Council (2023/2024). Small Business Rates Relief eligible.
Council Tax: Band B
Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone.[use Contact Agent Button] or [use Contact Agent Button]
SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).
A three-bedroom maisonette and a commercial shop less than a mile from Folkestone Central station is being offered to the market as an investment at 7% yield.
The property consists of a ground floor retail shop and a three bedroom maisonette which has a seperate access. The front door leads into a good sized entrance where there is a bathroom to the left which has a seperate corner bath and shower cubicle. The bathroom has laminate flooring and is part tiled on the wall. There is a utility room adjacent which has a stainless steel sink. The ground floor also consists of the kitchen which has a generous amount of cupboards, there is an integrated electric hob and cooker. There is also an open plan living room and open plan dining room.
The first floor consists of two double bedrooms and a single bedroom, all with built in storage. There is also a useful cupboard on the landing. There is Gas Central Heating and Double Glazing.
Externally, there is a small decking area suitable for a table and chairs
The ground floor is a commercial shop which is approx 136 sq m of ground floor space which is currently leased on a FRI lease.
Tenancies
Commercial - A lease renewal of 5 years from 25th March 2023 at £10,500 per annum. The owner has confirmed that all rent has been paid on-time for 18 years.
Residential - An AST was formed on 16th February 2023 at a rent of £995 per month - The owner has confirmed that all rent has been paid on-time.
Use: E Use Class
Energy Performance Certificate: 105 (E) - Full EPC available upon request.
Services: Water, Drainage, Gas and Electricity
Rateable Value: £7,000 (Folkestone and Hythe District Council (2023/2024). Small Business Rates Relief eligible.
Council Tax: Band B
Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone.[use Contact Agent Button] or [use Contact Agent Button]
SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).
Property information from this agent
About this agent
Motis Estates - Folkestone
1-2 Motis Business Centre, Cheriton High Street
Folkestone
CT19 4QJ
01303 396784Motis Estates incorporating H. Wald & Co is independently owned and first opened for business in 1963, making it Folkestone’s longest established firm of Estate Agents and Chartered Surveyors. If you are looking for an estate agent with unrivalled local knowledge, wide experience and who can offer a highly professional service tailored to achieve the best possible price for your house, we are the right choice for you. We strive to be able to provide you a professional service but an affordable price. As a Lifestyle Agent, we aim to assist in all aspects of moving to Folkestone with recommendations from your mortgage broker, to removal company, to kitchen and bathroom specialists. As the team are all local to Folkestone and the surrounding area, we can also recommend independent restaurants, bars and music venues. We can offer: - Free no obligation advice - Free EPC - Free Floor plan - Free Photography We have just installed an interactive touch screen on our shop window so pop down to Sandgate Road to view all our properties 24/7.
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