This substantial lodging house presents an excellent investment opportunity on the outskirts of St Helier. Offering over 1,300 sq ft of versatile accommodation, the property currently comprises two self-contained flats and two bedsits, with approved plans (P/2022/1726) in place for the conversion of the bedsits, further enhancing its potential. Arranged over multiple floors, the property features four bedrooms and four bathrooms, providing comfortable living for tenants. With a projected gross income of circa £50,000+ per annum, this property is ideal for investors seeking strong returns and future growth. Additional benefits include a two-car garage and a further parking space, a rare advantage in this location.
The outside space includes a private rear courtyard garden, offering a low-maintenance area for residents to enjoy outdoor relaxation or social gatherings. This secure and enclosed space is perfect for both personal use and as a selling point for potential tenants. The property’s position on the outskirts of St Helier provides convenient access to local amenities, transport links, and the town centre, while still retaining a sense of privacy and tranquillity. This unique commercial opportunity combines flexible accommodation, approved development potential, and valuable parking and outdoor features. Early viewing is highly recommended.