£1,900,000
Est. Mortgage £8,665 per month*

26 bedroom block of apartments for sale

5-7 Val Plaisant, St Helier JE2
flat flat
bedrooms 26 bedrooms

Property description

This centrally located lodging house in St Helier presents an outstanding investment opportunity with a 10% rental return. Offering a blend of privacy and shared accommodation, the property is fully registered as non-qualified accommodation and consists of 26 rooms, making it ideal for investors seeking a well-established, income-generating asset.- Total Rooms: 26 registered non-qualified rooms
- Private Bathrooms: 19 rooms feature private ensuite bathrooms for added convenience
- Shared Bathrooms: 7 rooms share communal bathroom facilities
- Occupancy Registration:
  - 16 units are registered for single occupancy
  - 9 units are registered for double occupancy
  - 1 unit is registered for 2 adults plus 1 child over the age of 5 years
- Outdoor Space: A delightful garden at the rear of the property offers tenants a peaceful outdoor retreatInvestment Highlights:10% Rental Return: A fantastic return on investment with steady rental income from the fully occupied units
- Prime Location: Situated in the heart of St Helier, providing easy access to local amenities, shops, and transport links, making it highly attractive to tenants
- Versatile Accommodation: A mix of private and shared bathroom facilities ensures flexibility to accommodate individuals.Can be purchased by way of Share Transfer or Freehold.With its combination of private and shared facilities, desirable location, and strong rental yield, this lodging house represents a rare opportunity in St Helier’s competitive property market. For further details or to arrange a viewing, contact us today.

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First listed

Over a month ago

5-7 Val Plaisant, St Helier JE2

Marketed by

Property Store Jersey - St. Helier 1 Bath Street St Helier, Jersey JE2 4ST
Call agent on 01530 658860
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£8,665
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Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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