This vacant one-bedroom flat is being sold by public auction on August 7th, 2025, with a guide price of £50,000+. The property is leasehold, with approximately 85 years remaining on the 99-year lease. A section 42 notice will be served prior to completion, assigning the rights to extend the lease to the new buyer. Located on a residential road near local shops and amenities, the flat is also close to Mermaid Beach and Folkstone Central rail station. The property features a ground-floor layout with a reception room, open-plan kitchen, bedroom, and bathroom. It's essential to note that when purchasing a flat with a short lease, additional costs may apply to extend the lease to 90+ years.