£1,490,000 Investment
Almorah Apartments, Lower Kings Cliff, St. Helier

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Summary

Investment Type
Freehold Tenure
Qualified Qualification
- Approx Size m2/ft2

7 Almorah Crescent is a registered lodging house comprising of 14 bedsits including 3 parking spaces. The property is in fair condition and the current rental income of £112,000 per annum is due to increase in August to take the new rental income to £144,000 per annum. 

Investment Opportunity to purchase a registered lodging house 

Registered Lodging House
Investment Opportunity
14 Bedrooms
3 Parking Spaces
Current rental £112,000 pa


Please call Maillard & Co on 880 880. Please note that all areas and measurements given in these particulars are approximate and rounded. The text, photographs and floor plans are for general guidance only.

Once an offer is accepted and negotiations for the purchase of a property are entered into, the prospective purchasers will be asked to produce photographic identification(passport or driving licence) and proof of residency documentation eg, a current utility bill together with confirmation of source of funds.This is in order for us to comply with the current Money Laundering Legislation.
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Mortgage Calculator

£
35 yrs
60% 2 year fixed - 1.04%
With a 40% deposit of £596,000 on a property valued at £1,490,000 your monthly payments would be£2,540.33

Stamp Duty

Calculated on the property value of £1,490,000 the total stamp duty would be £41,600
Subject to £80 registration fee and £20 Jurat's fee where applicable.

Estate Agent

NegotiatorLeanneContact me about this or any of our listed properties
Maillard & CoEstate AgentsContact us about this or any of our listed properties.