1 Bed Flat For Sale

Guide Price = £35,000-£70,000



**For Sale By Public Auction 11th December 2025 10:00 AM To inspect the legal documents for this property go to our website to download the legal pack**



A Vacant Ground Floor One Bedroom Flat



Tenure

Leasehold. The property is held on a 99 year lease from 9th March 2011 (thus approximately 85 years unexpired). A section 42 notice to extend the lease will be served prior to completion, the rights of which would be assigned to the incoming buyer.



Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Mermaid Beach are within easy reach. Transport links are provided by Folkstone Central rail station.



Description

The property comprises a ground floor one bedroom flat situated within a mid terrace building arranged over ground and two upper floors.



Accommodation

Ground Floor

Reception Room with Open-Plan Kitchen

Bedroom

Bathroom



Further Information

When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.



EPC Rating

E



Viewing Schedule (No Booking Required)