8 bed Apartment
£2,500,000
Columbus Sreet, St Helier, JE2FOR SALE
Photos
Description
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.
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.
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Estate Agent
Gaudin and Co
St. Helier
Jersey
JE2 4UA