£2,500,000
(£560/sq. ft)
8 bed flat for saleColumbus Court, St Helier JE2
8 beds
8 baths
8 receptions
4,467 sq. ft
- Freehold
Gaudin & Co
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About this property
Block of 8 x one-bedroom purpose built apartments, arranged over three storeys
20 on-site parking spaces
Most apartments refurbished within the last couple of years
Each apartment features an entrance hall, double bedroom, bathroom, and bright lounge opening to a fitted kitchen and are approx 540 sqft each
Modern interiors with good natural light throughout
Strong rental demand and excellent opportunity
Projected annual income: Approximately £158,400
Attractive gross yield: Circa 6.3%
A great 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.
Parking - Allocated Parking
There are 20 parking spaces
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More information
Tenure
Freehold
Council tax band
Council tax band not yet known
Ground rent
£0
