£2,500,000 Apartment
Columbus Court, St Helier, St. Helier

Share Property

Email
Facebook
Twitter
Whatsapp

Features

8 Bedrooms
8 Bathrooms
8 Receptions
20 Parking

Summary

Apartment Type
Freehold Tenure
Qualified Qualification
- Approx Size m2/ft2
Investment Opportunity – Block of 8 x One-Bedroom Purpose Built Apartments with 20 Parking SpacesA superb opportunity to acquire a purpose built block of eight one-bedroom apartments, most of which have been tastefully renovated over the past couple of years.This three-storey building comprises well-presented accommodation throughout, with each apartment featuring an entrance hall, spacious double bedroom, modern bathroom, and a bright, airy lounge opening onto a kitchen.Externally, the property benefits from 20 parking spaces, providing ample off-road parking for residents or the opportunity to rent them them out.Currently, three apartments are vacant, with a further three due to become vacant later this year, and the remaining two early next year – offering excellent flexibility for investors seeking to refresh tenancies or re-let at current market rates.With a potential annual income of approximately £158,400 this property represents an attractive gross yield of circa 6.3%, making it a solid investment opportunity on the outskirts of town.
Show Complete Description

Map

Mortgage Calculator

£
35 yrs
60% 2 year tracker - 4.70%
With a 40% deposit of £1,000,000 on a property valued at £2,500,000 your monthly payments would be£7,285.77

Stamp Duty

Calculated on the property value of £2,500,000 the total stamp duty would be £112,000
Subject to £80 registration fee and £20 Jurat's fee where applicable.

Estate Agent

NegotiatorNickyContact me about this or any of our listed properties
Gaudin & CoEstate AgentsContact us about this or any of our listed properties.