Block of flats for sale in Pett Level Road, Winchelsea TN36
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Block of Apartments
- 6 x Apartments
- Parking For Each Property
- Winchelsea Beach Location
- No Onward Chain
- Low Maintenance Garden
- Convenient Location To Beach
- Each Property Has Own Entrance
- Neutral Decor
- Current Gross Yield of 5.2%, Potential For Excess of 7%
Property description
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
Property info
For more information about this property, please contact
The Agency UK, WC2H on +44 20 8128 0617 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by The Agency UK, and do not constitute property particulars. Please contact The Agency UK for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.