Price £575,000 Qualified - Under Offer


  • Investment - Lodging House
  • 1 Bedroom apartment
  • Shower and w.c facilities on 1st, 2nd and 3rd floor
  • Annual investment income £62,000
  • Share Transfer - Available to purchase by Non Jersey Resident
  • 10 Bedsits
  • Laundry room and basement room

Share Transfer - Lodging House

Located in a quiet part of St Helier. This large property has been converted into a four storey lodging house, basically comprises: 10 bedsits, each having communal shower and w.c. facilities on the ground, first and second floor. On the ground floor is a 1 bedroom apartment which the current tenant is the caretaker of the property plus a basement area which is currently being used by the tenant as a cinema/gym area and also a communal laundry area.

Available to purchase by Non Jersey Residents.

Annual investment income circa £62,000.





Rental Income
Single rooms £100 per week.

Double rooms £135 per week.

Total annual income circa £62,000.

Services
All mains excluding gas.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Floor Plan