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Exceptional Lodging House Exceptional Lodging House Exceptional Lodging House Exceptional Lodging House Exceptional Lodging House
£1,950,000 For Sale Places Code: #457121
Exceptional Lodging House Exceptional Lodging House Exceptional Lodging House Exceptional Lodging House Exceptional Lodging House

Key Facts

  • 17 Receptions
  • 19 Bedrooms

Property Highlights

Exceptional Lodging House

Property Description

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

Contact the agent

Gaudin & Co

Gaudin & Co

6 Waterloo Street
St Helier
Jersey
JE2 4WT

Tel: 01534 730341
Email: sales@gaudin.je

Map

Mortgage calculator

Fees

Client Advocate Fees £0.00
Search Fees £0.00
Stamp Duty (on purchase) £0.00
Stamp Duty (on borrowing) £0.00
Survey/Valuation £0.00

Total Fees £0.00

Repayment

Monthly Repayments £0.00

Total Mortgage Payable £0.00

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