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Pett Level Road, Winchelsea, TN36

PROPERTY TYPE

Block of Apartments

BEDROOMS

10

BATHROOMS

6

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key 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%

Description

Sold at Auction - via Clive Emson Auctioneers which ends 11th December 2024*

Guide price £575,000 +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.

Brochures

Brochure 1
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Pett Level Road, Winchelsea, TN36

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Disclaimer - Property reference RX401291. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by The Agency UK, Covering Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call The Agency UK, Covering Nationwide on 020 3910 6171.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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