Initial price	£800,000
15/08/24	£700,000
19/10/24	£600,000
01/12/24	£575,000
10/01/25	£540,000
Price Change	-32.50%

White Lodge Court is a freehold block of apartments, comprising four 2-bedroom and two 1-bedroom apartments, each with its own entrance. The current lets generate a gross yield of 5.2% per annum, but have the potential to achieve over 7% if rents are brought in line with current market rates. The property is situated just 0.4 miles from Winchelsea Beach and Rye Nature Reserve, making it a highly desirable location for tourists and locals alike. The property also has a conservatory area, six car parking spaces, and a gated side access leading to the rear garden. With potential to convert the block into self-contained holiday lets, subject to obtaining the necessary permissions and adhering to regulations, this property presents a lucrative investment opportunity.