This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
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£160,000
2 bedroom Flat for sale, Cheriton Gardens, Folkestone, Kent, CT20
Features and Description
BUY TO LET INVESTMENT OPPORTUNITY.....Reeds Rains are delighted to bring to the market this two bedroom lower ground floor apartment located in a popular position within walking distance of both the town centre and the mainline railway station. Internally, the apartment comprises of a large living room, fitted kitchen, two good size bedrooms, bathroom suite and ample storage. The property is being offered to the open market with a long lease and a share of the freehold.
Location
A surprisingly private and peaceful living space situated only moments from the hustle and bustle of Folkestone's town centre. Nearby there are steps leading down to the beach, harbour and new Harbour Arm with its pop-up restaurants and lighthouse champagne bar. The Old High Street and Creative Quarter are also nearby. Folkestone West & Folkestone Central Stations both benefit from High Speed services to London St Pancras with journey times of under an hour. The M20 (Junction 13), the Channel Tunnel Terminal and Ferry Port of Dover are all within easy reach.
Directions
Walking from our office on Sandgate Road turn left towards Cheriton Place and walk towards Cheriton Gardens. Highcliffe Court can then be found on the left hand side on the corner of Cheriton Gardens and Ingles Road.
Lower Ground Floor
Steps down to lower ground floor communal entrance
Communal Entrance
Access to Flat 2.
Entrance Hall
23'10" x 3'3" (7.27m x 0.98m)
Lounge
14'6" x 12'9" (4.42m x 3.89m)
Kitchen
11'4" x 5'11" (3.46m x 1.81m)
Bedroom 1
11'4" x 10'3" (3.46m x 3.13m)
Bedroom 2
10'11" x 6'6" (3.34m x 1.97m)
Bathroom
11'4" x 5'6" (3.46m x 1.68m)
Share of Freehold
We have been informed by our vendor that the property will be sold with a share of the freehold.
Lease Details
We have been informed by our vendor that the property has a 999 year lease from 1998.
Service Charge
We have been informed by our vendor that the current service charge is in the region of £1000 per annum.
Ground Rent
We have been informed by our vendor that there is no ground rent payable.
EPC Rating
EPC - D
Agents Note
The property is being sold as a buy to let investment with a tenant in situ. The current tenants have been in situ since January 2024 and are currently paying £900 per calendar month.
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.
Cheriton Gardens, Folkestone, Kent, CT20
Additional Information
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Property refFOL240070
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EPCD
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TenureLeasehold
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Lease length972 years
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Council TaxA
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Local authorityFolkestone and Hythe District Council
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Ground RentContact the branch
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Ground Rent ReviewContact the branch
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Service Charge£1,000
Reeds Rains Estate Agents Folkestone
Do you have a property you need to sell?
Reeds Rains Estate Agents Folkestone
Reeds Rains Folkestone
85 Sandgate Road, Folkestone, CT20 2AF
Mon - Fri09:00 - 18:00Saturday09:00 - 16:00SundayClosed
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Borrowing £144,000 and repaying over 25 years with a 2.5% interest rate.
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Similar properties for sale by Reeds Rains Folkestone
Nearby locations
Photos
Floorplan
Map view
Street view
Kitchen
11'4" x 5'11" (3.46m x 1.81m)
Bathroom
11'4" x 5'6" (3.46m x 1.68m)
The pin shows the exact address of the property
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
63Potential
77CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs