£880,000 Investment
SOLE AGENT
Lewis Street, St. Helier

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Features

3 Bedrooms
3 Bathrooms
3 Receptions
0 Parking

Summary

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

FLYING FREEHOLD - INVESTOR ONLY - Reside are pleased to present Alvah House, a newly renovated block of three apartments located on Lewis Street offering over a 5% yield at a discounted price to investors of £880K and vs a value of circa £945K if sold individually.

These apartments have been completed to a high standard throughout by Techtrics, and are achieving between £1,200 and £1,300 PCM.

Apartment 1 - Located on the ground floor and briefly comprises, an entrance hall, spacious lounge, separate kitchen diner, with access to courtyard, double bedroom and modern bathroom. £1,300 PCM

Apartment 2 - Located on the first floor, and briefly comprises, a entrance hall, spacious lounge, separate kitchen/diner fitted with Bosch appliances, double bedroom and modern bathroom. £1,225 PCM

Apartment 3 - Located on the second floor and briefly comprises, stairs to the apartment, open plan kitchen/living area, and double bedroom with ensuite shower room. £1,200 PCM

All electric throughout and fire certificate in place. Investors only as sold with tenants in situ.

SOLE AGENT RES235

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Mortgage Calculator

£
35 yrs
80% 2 year tracker - 5.95%
With a 20% deposit of £176,000 on a property valued at £880,000 your monthly payments would be£3,990.52

Stamp Duty

Calculated on the property value of £880,000 the total stamp duty would be £18,400
Subject to £80 registration fee and £20 Jurat's fee where applicable.

Estate Agent

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