£1,250,000
Conway Flats, St. Helier

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Features

8 Bedrooms
8 Bathrooms
8 Receptions
4 Parking

Summary

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

An extremely well maintained property comprising three one bedroom flats, four bedsits and a separate one bed cottage with four parking spaces.

On the market for the first time in many years, all units are fully let with established tenants providing a strong return of over 8%. The owners have looked after the buildings extremely well over the years and have a retained builder, plumber and electrician on hand. Most of the tenants are long term.

A dwelling registration licence has been issued and all fire and electrical certification is up to date.

Located on a quiet road just off the town ring road, the property is a short walk to the town centre, two parks and the Waterfront.

Main Building
Large building with seven qualified flats all with own porch and shower facilities. Cellar currently let for storage.

Cottage
Seperate one bed cottage with living room, large eat-in kitchen, bedroom and shower room.

Parking
Four parking spaces - two let with the cottage and two independently - to the rear.

Services
A fire certificate covers the main building. Each unit has it's own electric and water meter. Rates - foncier and occupiers - are £2,450 for the year.

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Mortgage Calculator

£
35 yrs
80% 2 year tracker - 5.20%
With a 20% deposit of £250,000 on a property valued at £1,250,000 your monthly payments would be£5,175.14

Stamp Duty

Calculated on the property value of £1,250,000 the total stamp duty would be £35,750
Subject to £80 registration fee and £20 Jurat's fee where applicable.

Estate Agent

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