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£5,645,000

22 bed detached house for sale
Bath Street, St. Helier, Jersey JE2

    • 22 beds

    • 22 baths

Freehold
Added on 24/01/2025

About this property

  • Self-contained new-build block of 14 apartments

  • One- and two-bedroom apartments with secure parking

  • Strong long-term capital growth potential

  • Limited rental stock in the market and strong demand

  • Potential to deliver a 5% stabilised gross initial yield

  • Share transfer purchase

  • Gross rental estimate: £279,600 per annum

Description

This exceptional investment opportunity features a collection of 14 brand new apartments, all housed within a well-designed independent block situated in the heart of St. Helier. Each apartment has been crafted with meticulous attention to detail, ensuring high-quality finishes and optimal living spaces. The one and two-bedroom configurations are particularly sought after in the buy-to-let market, making them a strategic choice for savvy investors looking to enhance their portfolio. With an attractive projected yield of 5%, excluding service charges, these apartments represent a promising revenue-generating asset.

Investors will benefit from the central location, which offers easy access to local amenities and the vibrant community atmosphere that St. Helier is known for. This unique opportunity allows for the potential acquisition of the entire block before individual sales commence, providing an exclusive advantage to early buyers. For further inquiries and to explore this investment opportunity, please reach out to Simon Torode directly at . Don’t miss the chance to secure a profitable investment in a much requested market.

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Monthly repayment

£28,239 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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