Summary - FLAT, 15, GUILDHALL STREET, FOLKESTONE CT20 1EA
1 bed 1 bath Shop
**Standout Features:**
- **Mixed-Use Property**: Includes a commercial space and a residential flat.
- **High Rental Yield**: Gross yield of 7.4% with total rent of £2,100/month.
- **Prime Location**: Located in the bustling heart of Folkestone Town Centre, close to local amenities and transport.
- **Recent Renovations**: Newly renovated, featuring modern fittings and an inviting aesthetic.
- **Versatile Spaces**: Includes a basement for storage, a hairdresser on the ground floor, and a three-bedroom flat above.
- **Excellent Transport Links**: Offers quick access to London via Folkestone Central.
**Concerns:**
- High crime rate in the area.
- Relatively small plot size.
- Average broadband speeds and on-street parking only.
**Summary Description:**
Discover this unique mixed-use property at 15 Guildhall Street, Folkestone, perfectly positioned in a vibrant area with excellent transport connections. The building offers a modern ground-floor commercial space that successfully operates as a hair salon, boasting large windows for ample natural light, while the upper levels consist of a newly renovated three-bedroom flat that is ready to attract a steady rental income.
With a strong rental yield of 7.4%, this property presents an attractive opportunity for investors looking to enhance their portfolio in a high-traffic location. The substantial footfall from nearby amenities—including restaurants, cafes, and shops—ensures a steady stream of potential customers. While the high crime rate and average broadband speeds may be areas of concern, the comfort, versatility, and growth potential this property offers are undeniable. It’s a rare find—act quickly to take advantage of this exclusive opportunity in a sought-after locale!
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