Pett Level Road, Winchelsea, TN36

Being Sold at Auction – via Clive Emson Auctioneers* Guide price £540,000 +fees Opportunity to acquire a freehold block of apartments in the coastal village of Winchelsea Beach.

Sold at Auction – via Clive Emson Auctioneers which ends 6th February 2025*

Guide price £540,000 +fees White Lodge Court is a freehold block of apartments, which comprises of four 2 bedroom and two 1 bedroom apartments, all of which have their own entrances.

The current lets return an approximate gross yield of 5.2% p.a. but have the potential to achieve in excess of 7% if the rents were brought in line with current market rates.

To the rear is a conservatory area that is currently being used for storage. Outside there are 6 car parking spaces and a gated side access leading to the rear garden.

Located just within 0.4 mile radius of Winchelsea Beach and Rye Nature Reserve, makes this a desired situation that is very popular for tourists and locals alike.

There could be potential of converting this block into self contained holiday lets, which could be a lucrative investment – subject to obtaining the relevant permissions and adhering to regulations.

*Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees.