£1,715,000 Commercial
13- 15 Charles Street, St. Helier

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Summary

Commercial Type
Share Transfer Tenure
- Approx Size m2/ft2
13 Apartments consisting of Studios and 1 bedrooms
Large commercial shop
Town location
7.35% return
Great investment
Call Troys on 607070 for more information

Dawlish House - Exceptional Investment Opportunity in the Heart of St. Helier Town Centre

Situated at the prime junction of Charles Street and Ingouville Lane, Dawlish House offers an outstanding investment opportunity in St. Helier, just moments from the Arts Centre, Le Gallais Chambers, and the newly developed Ann Court residential and commercial complex.

This fully-occupied, registered lodging house spans across 13 & 15 Charles Street and consists of 13 self-contained lodging units, each with en-suite shower facilities. The property also includes a small, vacant retail unit located on the ground floor of 13 Charles Street. Recently refurbished to a high modern standard, both internally and externally, Dawlish House presents a rare opportunity to acquire accommodation in a central location within the town.

Property Highlights:

13 Lodging units & 1 Commercial retail unit

Fully renovated throughout to a modern standard

Prime location in St. Helier Town Centre

Fully occupied lodging units generating rental income

Accommodation Breakdown:

Lodging Units (13 Total):

Flats 4, 5, 8, 9, 10 & 11: One-person units

Flats 3, 6 & 7: Two-person units

Flat 12: Two adults & one child unit

Flats 1, 2 & 13: Two adults & two children units

Commercial Retail Unit:

538 sqft (50 sqm) – Currently vacant

Current Residential Rent from Lodging Units:

Flat 1: £1,148 p/m (£13,776 p/a)

Flat 2: £1,100 p/m (£13,200 p/a)

Flat 3: £750 p/m (£9,000 p/a)

Flat 4: £650 p/m (£7,800 p/a)

Flat 5: £650 p/m (£7,800 p/a)

Flat 6: £805 p/m (£9,660 p/a)

Flat 7: £758 p/m (£9,096 p/a)

Flat 8: £700 p/m (£8,400 p/a)

Flat 9: £670 p/m (£8,040 p/a)

Flat 10: £650 p/m (£7,800 p/a)

Flat 11: £650 p/m (£7,800 p/a)

Flat 12: £775 p/m (£9,300 p/a)

Flat 13: £1,100 p/m (£13,200 p/a)

Total Residential Rent: £124,872 p/a

Projected Total Rent (Including Commercial Unit): £137,172 p/a

Retail Unit Estimated Rent: £12,300 p/a

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£
35 yrs
80% 2 year tracker - 5.20%
With a 20% deposit of £343,000 on a property valued at £1,715,000 your monthly payments would be£7,100.30

Stamp Duty

Calculated on the property value of £1,715,000 the total stamp duty would be £58,825
Subject to £80 registration fee and £20 Jurat's fee where applicable.

Estate Agent

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