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Sandgate Road, Folkestone
A 'Loan to Let' of £125,000 was approved in January 2011 to assist with the complete refurbishment of this 3 storey freehold property, including a ground floor basement, which had been empty for in excess of 6 months and subject to squatters and vandalism.
Overall project costs are in the region of £270,000 and when completed, the property will be transformed into 5 x 2 bedroom units and available to rent.
The project is on schedule to be completed within the next six months.
