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£1,900,000

13 bed terraced house for sale
13-15 Charles Street, St. Helier, Jersey JE2

    • 13 beds

    • 13 baths

Freehold
Added on 23/08/2024

About this property

  • Each unit equipped with private shower facilities

  • A small vacant retail unit included 538 sq ft

  • 9.7% investment return

  • No parking included with these units

  • Ideal investment opportunity

  • Popular town location

Description

This unique investment opportunity consists of a registered lodging house spanning two interconnected buildings, 13 and 15 Charles Street. The property offers a total of 13 units, including nine bedsitting rooms and four 1-bedroom flats, each equipped with private shower facilities. A small retail unit on the ground floor of 13 Charles Street covers approximately 538 sq ft (50 sq m). The property includes a communal courtyard and with an estimated market rental value of £185,000 per annum, this property presents a promising opportunity for investors seeking a well-located and potentially high-yielding asset.

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Monthly repayment

£9,504 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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