Tel: +44 (0) 1534 730341 | Email: admin@gaudin.je | Tenant Report a Repair

Property Sales Jersey

St. Helier £1,950,000

  • Photo 2
    LA Route de St. Aubin St. Helier
  • Photo 3
    LA Route de St. Aubin St. Helier
  • Photo 5
    LA Route de St. Aubin St. Helier
  • Photo 4
    LA Route de St. Aubin St. Helier
  • Photo 5
    LA Route de St. Aubin St. Helier
  • Exceptional Lodging House
  • Income of circa £190,000 per annum
  • 14 Non Qualified Apartments
  • 1 Qualified Apartment
  • 1 x Non Qualified 2 Bedroom Cottage
  • 1 x Non Qualified 2 Bedroom Bungalow
  • Parking for 11 cars
  • Development potential to the rear
  • Vendors Sole Agent
  • Income of circa £190,000 per annum

Great opportunity to purchase a substantial Lodging House just a short stroll from the beach and the hustle and bustle of St Helier. The property benefits from 14 x Non Qualified apartments, 1 x Entitled apartment, a non qualified 2 bedroom bungalow and a non qualified 2 bedroom cottage. Further development potential exists to the rear subject to the usual planning permissions. There is also parking for 11 cars. The Gross income is currently circa £190,000 per annum which equates to a Gross Yield of circa 9.67% This is an exceptional Lodging House which has recently undergone significant investment and now provides a far better return on investment than current cash returns in a bank.

DETACHED HOUSE
Non-qualified house which caretaker occupies. Rental is £18,000 per annum. Accommodation comprises 2 bedrooms, 2 bathrooms, lounge/diner, kitchen, wc, patio garden and parking for 1 car.

BUNGALOW
Accommodation comprises 2 bedrooms, kitchen, shower room, lounge, parking for 1 car Rental income £13,156 per annum

FLAT 1
Studio set up Rental income £11,100 per annum

FLAT 2
Studio set up Rental income £9,360 per annum

FLAT 3
Studio set up Rental income £8,580 per annum

FLAT 4
One bedroom flat Rental income £10,920 per annum

FLAT 5
One bedroom flat Rental income £10,670 per annum

FLAT 6
Studio set up Rental income £7,800 per annum

FLAT 7
Studio set up Rental income £9,112 per annum

FLAT 9
Rental income £11,388 per annum

FLAT 10
One bedroom Rental income £11,400 per annum

FLAT 11
Large one bedroom Rental income £12,000 per annum

FLAT 12
Rental income £11,760 per annum

FLAT 14
Rental income £11,400 per annum

FLAT 15
Qualified Studio Rental income £8,840 per annum

FLAT 16
Large one bedroom Rental income £12,000 per annum

FLAT 17
Large one bedroom Rental income £11,000

OTHER INFORMATION
Laundry room income £5,000 per annum Separate electrics Separate water tanks


Name Location Type Distance
Jersey
County: Channel Islands
Sale Type: For Sale
Ref #: GC2567

Request A Viewing

We are members of