£1,800,000 Investment
3 Commercial Buildings Harbour View Apartments St. Helier Jersey JE2 3NB, St. Helier

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Features

15 Bedrooms
8 Bathrooms
15 Receptions
0 Parking

Summary

Investment Type
Freehold Tenure
Qualified Qualification
- Approx Size m2/ft2
Currently a 15 bedroom unit Lodging House with Sea Views to the front of the building, the property comprises of 10 units at the front of the original historic building and 5 units on the modern building at the rear. There are also communal showers & WC’s in the front of the building plus a laundry room.


The property runs smoothly as a lodging house but is ripe for conversion (subject to the usual planning requirements) like many of its neighbours have already undergone.


Located conveniently in the old harbour, close to all of St Helier’s amenities.


15 Units


Entitled / Licensed Accommodation


1 bedroom ground floor apartment open plan lounge & kitchen, double bedroom & outside area.
Registered Accommodation (& occupancy rates allowed)


4 single occupancy units with shared shower & WC facilities
5 double occupancy units with shared shower & WC facilities
1 double occupancy studio with own bathroom
1 unit with occupancy two adults plus one child under the age of five years with shared shower & WC facilities
3 units with with occupancy two adults plus one child under the age of five years with own bathroom
 

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Mortgage Calculator

£
35 yrs
80% 2 year tracker - 5.75%
With a 20% deposit of £360,000 on a property valued at £1,800,000 your monthly payments would be£7,970.41

Stamp Duty

Calculated on the property value of £1,800,000 the total stamp duty would be £57,000
Subject to £80 registration fee and £20 Jurat's fee where applicable.

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