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£325,000

POA

4 bed mixed use for sale Grace Hill, Folkestone, CT20

4 beds 2 baths Mixed Use

Tenure: ask agent

Added today

About this property

An excellent opportunity to acquire a versatile mixed-use property in the heart of Folkestone, offering a combination of commercial space and two self-contained residential apartments – perfect for investors or those seeking a live/work arrangement. Ground Floor – Commercial Unit The ground floor features a spacious office premises with its own private entrance, ideal for a variety of business uses. The layout includes: Two private offices/meeting roomsTwo toilets for staff and clientsA large kitchen/break room located to the rear This unit offers great potential for a business headquarters or as a rental to generate a steady commercial income.

Key features

Mixed Use Building
Three Bedroom Apartment Across Top Two Floors
One Bedroom Apartment on The Middle Floor
Commerical Premisies on The Ground Floor
Prime Location
Perfect Investment Purpose
Purchase Of The Freehold
Seperate Entrance For Flats
Quote AB1053
Asking Price £325,000

Floorplan

Location

Grace Hill, Folkestone, CT20

Open map Street View

Council tax band: Ask agent

Mortgage and stamp duty

Property price £325,000

£162k £488k

Deposit10% £33,000

£0 £325k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £292,000 mortgage. Most lenders would want a household income of about £65,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.