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1 bed flat for sale

£95,000

Sandgate Road, Folkestone CT20

1 1 1
Interested in this property? Call +44 1303 396003 * or

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Property features

  • 2nd Floor Retirement Flat
  • Sold with Tenant in Situ
  • Lifts to All Floors
  • Access to Gardens
  • Walking Distance to The Leas
  • Communal Facilities
  • One Double Bedroom
  • UPVC Double Glazing

Property description

Second floor 1 bedroom retirement flat sold with tenant in situ, currently returning over £6,000 per annum. Offering views over gardens and communal areas.

Agents Note

We have been instructed to market this property with a tenant in situ. We have been advised that the gross rental income is £6,600pa.

We have also been advised by the managing agent that there is an age restriction of 60 years or over placed on all buyers of apartments within Homepine House.

Entrance

Access to Homepine House is via a secure communal door with lift and stairs providing access to second floor level where a private front door provides access to:

Entrance Hall

Coving, airing cupboard housing insulated hot water cylinder, slatted shelving and storage, pull cord alarm, doors to:

Living Room

Approx. 20' 0" x 10' 9", door entry 'phone, electric storage heater, wall lights, uPVC double glazed window overlooking gardens to rear, archway to:

Kitchen

Approx. 7' 5" x 5' 5" (maximum measurement to include units). Floor to ceiling tiling, range of wall and base units with drawers under, contemporary work surfaces with inset single drainer stainless steel sink unit, ceramic 4 ring hob and built in electric oven, space for fridge/freezer.

Bedroom

Approx. 17' 0 x 9' 0". Coving, fitted wardrobe, shelving and further storage, emergency pull cord system, night storage electric heater, uPVC double glazed window to rear over the gardens with sea glimpses.

Bathroom

Three piece suite comprising paneled bath with electric power shower over, vanity unit with inset wash hand basin, low level W.C., towel rail, wall mounted electric heater.

Communal Facilities

Residents Lounge

Situated on the ground floor at the rear of the building with doors leading onto the communal Clifton Gardens at the rear, there is a dance floor area and on occasions a licensed bar.

Laundry Room

There are communal laundry rooms and facilities at either end of the building where use of the appliances is free of charge to the residents. The appliances are provided and serviced through the maintenance fund.

Guest Suite

Two suites comprising of a bedroom and a bathroom are available for guests of the residents to book the use of. A nominal pay is for the use of this facility and is collected by the House Manager.

Outside

We have not seen the deeds to the property and prospective buyers are therefore advised to verify boundaries through their legal advisors.

Communal Garden

To either side and to the rear of the block is an extensive lawned parkland garden area which is for the use of the residents.

General Information

Prospective buyers are advised to verify details of the Lease and Service Charge accounts through their legal advisors.

24 Hour Emergency Call System

There is a 24 hour emergency call system fitted within the flat with call buttons/pull cords located in all principal rooms. This system is connect to the House Managers alarm system during working hours and to a 24 hour call service system out of hours.

Lease Length

We have been informed by the vendor that the lease is currently 99 years from 1983 and therefore has 65 years now remaining.

Service Charge

We have been informed by the vendor that the maintenance charges are £1,170.82 every six months making an annual charge of £2,341.64.

Ground Rent

We have been informed by the vendor that the ground rent is £220.81 pain on a six monthly basis making a total per annul charge of £441.62.

Council Tax

We have been advised by our client that the council tax band is B.. This is current as at March 2017 but we would ask you to consider that Council Tax Bandings may be subject to change by the Listing Officer. For further details, please contact Shepway District Council on .

Residents/Visitors Parking

There are residents parking spaces available subject to allocation by the House Manager dependent upon availability. In addition to residents parking, visitors parking is also available.

Property info

Market activity
Average price paid £232,940 Sales 416 Current average value £237,155 (Zoopla Zed-Index) Value change £2,865 ▲ 1.22%

Property value data/graphs for CT20

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £498,748 £296 4.0 £484,162
Semi-detached £282,090 £236 3.4 £276,469
Terraced £214,527 £227 3.0 £227,433
Flats £172,363 £244 2.0 £167,731

Current asking prices in CT20

Average: £239,910
Avg. current asking prices in CT20
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £157,500
(2)
£251,250
(8)
£335,370
(12)
£505,444
(18)
£493,583
(6)
Flats £114,466
(51)
£181,949
(90)
£278,729
(26)
£320,000
(2)
-
All £116,090
(53)
£187,606
(98)
£296,616
(38)
£486,900
(20)
£493,583
(6)

Current asking rents in CT20

Average: £744 pcm
Avg. current asking prices in CT20
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £465 pcm
(3)
£868 pcm
(5)
£938 pcm
(7)
£1,499 pcm
(2)
-
Flats £531 pcm
(19)
£725 pcm
(17)
£1,119 pcm
(5)
- -
All £522 pcm
(22)
£758 pcm
(22)
£1,013 pcm
(12)
£1,500 pcm
(2)
-

Fun facts for CT20

Highest value in CT20
Highest value streets Zed-Index
Temeraire Heights £1,004,502
Cliff Road £922,142
Pelham Gardens £790,209
Upper Corniche £726,085
Hardwick Road £653,367
Highest turnover in CT20
Highest turnover streets Turnover
Granville Road East 50.0%
Granville Parade 42.9%
The Leas 41.7%
Newbury Close 40.6%
Oaks Road 40.0%

What Zoopla users think of Folkestone

Overall rating:

  • currently 3.5 stars
Good - 71% (235 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Folkestone:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Folkestone Central (0.5 miles)
  • Folkestone West (0.9 miles)
  • Sandling (4.7 miles)
  • Lydd Airport (13.1 miles)
  • Manston Airport (19.9 miles)
  • London Southend Airport (39.9 miles)
  • Folkestone Eurotunnel Terminal (2.7 miles)
  • Dover Western Docks Ferry Terminal (6.9 miles)
  • Dover Eastern Docks Ferry Terminal (7.6 miles)

Nearby schools

View all schools in Shepway
  • Christ Church Cep Academy, Folkestone (0.5 miles)
  • St Eanswythe's Church of England Primary School (0.5 miles)
  • Stella Maris Catholic Primary School (0.8 miles)
  • CATS Canterbury (13.8 miles)
  • The King's School Canterbury (14.6 miles)
  • Southend YMCA Community School (38.3 miles)
  • The Folkestone School for Girls (0.9 miles)
  • The Harvey Grammar School (0.9 miles)
  • The Beacon Folkestone (1.0 mile)
Note: Distances are straight line measurements

Local info for Shepway

About the neighbours in CT20

AskMe Q&A for Shepway

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For more information about this property, please contact
Fell Reynolds, CT20 on +44 1303 396003 * (local rate)

Monthly running costs Beta

£568 Monthly total

Mortgage

Purchase price
Deposit (10%) 9,500
Repayment term 25
Interest rate 1.5
Your payment £341 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £20/mo (£240/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £20 Electricity £27 Estimated energy cost £47/mo

Similar properties could save up to £195

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6100 kWh/year
Electricity: 2100 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Shepway

Estimated tax band B Council tax cost £133 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £9 Sewerage £18 Estimated water cost £27 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Fell Reynolds about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Fell Reynolds, and do not constitute property particulars. Please contact Fell Reynolds for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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