Auction lot with coastal outlook and clear renovation potential.
Direct, wide sea views from sixth-floor living room
This sixth-floor apartment delivers direct, wide sea views across the English Channel from large corner windows and a communal roof terrace — a standout asset for short-let or long-term rental income. The block offers secure entry, two lifts and pedestrian access to The Leas promenade and Folkestone town centre. Being sold at auction with no onward chain creates a quick acquisition route.
The flat is compact (approx. 532 sqft) with two bedrooms, a living room with sea outlook, fitted kitchen, en-suite shower and separate bathroom. The property requires full modernisation: fixtures, finishes and likely services need updating. EPC D, electric storage heating and older fittings will constrain immediate rental grades until upgraded.
Practical points for buyers are clear: leasehold with about 86 years remaining, annual ground rent circa £220, council tax above average and sale via Secure Sale auction — starting bids from £100,000. Crime levels in the area are reported as very high and the locale shows higher deprivation, which will affect tenant demand and resale strategy.
For an investor or buyer prepared to renovate, the apartment’s sea views, lift access and coastal location create rental and holiday-let potential. For those seeking a ready-to-move home, the property needs considerable work and budget for services and energy improvements should be factored in before purchase.
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