• Exterior
  • Lounge
  • Kitchen
  • Kitchen/Diner
  • Bedroom 1
  • Bedroom 2
  • Bathroom
  • Exterior
  • Living Space
  • Kitchen
  • Kitchen/Diner
  • Shower Room
  • Garden
  • Lounge
  • Kitchen
  • Bedroom 1
  • Bedroom 2
  • Bathroom
  • Shop
  • Shop
  • Shop
  • Shop

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Sold STC - Dymchurch Road, Hythe, Folkestone, CT21 £625,000

5 Bedroom Detached  Sold STC £625,000

Dymchurch Road, Hythe, Folkestone, CT21

FREEHOLD BLOCK

THREE APARTMENTS

LARGE COMMERCIAL SHOP

GARAGES

BACK ONTO RAILWAY AND CANAL

TENANTS IN SITU

INVESTMENT OPPORTUNITY

A fantastic investment opportunity to purchase this freehold block of three individual flats, large commercial unit and garages at the back.

The first of the three flats is a 2 bedroom apartment with ground floor access but occupies the first floor of the building. A large flat that comprises a lounge/diner, bathroom, kitchen/diner and two double bedrooms. The flat is in good condition with a tenant in situ.

Flat 2 is a good-sized ground floor studio flat with a private rear garden. The living space boasts floor to ceiling windows and door onto the back garden, a shower room and fitted kitchen with a utility space.

The biggest of the three apartments is on the first floor at the back of the building. Spread over 92sqm of space and overlooking the railway and canal. A large welcoming entrance hall that branches off into the kitchen, lounge, bathroom and two double bedrooms.

The commercial shop is currently occupied on an annual rent of approximately £14,000.
Two garages at the rear of the property applies also.
The annual income for the property is approximately £35,240.

EPC Ratings
Flat 1- E
Flat 2- D
Flat 3- E

Location

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Total SDLT due

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £
500
k (Percentage rate 0%)

£ 0

Above £
500
k and up to £925k (Percentage rate 5%)

Above £925k and up to £1.5m (Percentage rate 10%)

Above £1.5m (Percentage rate 12%)

Up to £500k (Percentage rate 0%)

£ 0

*This is for illustrative purposes only

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £125k (Percentage rate 0%)

£ 0

Above £125k and up to £250k (Percentage rate 2%)

Above £250k and up to £925k (Percentage rate 5%)

Above £925k and up to £1.5m (Percentage rate 10%)

Above £1.5m (Percentage rate 12%)

Up to £300k(Percentage rate 0%)

£ 0

Above £300k and up to £500k (Percentage rate 0%)

Up to £300k (Percentage rate 0%)

£ 0

Above £300k and up to £500k (Percentage rate 5%)

*This is for illustrative purposes only

IMPORTANT NOTICE FROM MOTIS ESTATES

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.