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8 bedroom apartment for sale

Columbus Court, St Helier
Apartment
8 beds
8 baths
4467
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • 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.

Rooms

Parking - Allocated parking
There are 20 parking spaces

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About this agent

Gaudin and Co - St Helier
Gaudin and Co - St Helier
22 Hill Street St Helier, Jersey JE2 4UA
020 8139 4194
Full profileProperty listings
Established on the Island since 1934, Gaudin & Company is Jersey’s premier general practice estate agency. Our comprehensive service offering takes in the sales, letting and management of both residential and commercial property. For more than 80 years, the core values and ethos of the founders – honesty, teamwork, market knowledge and outstanding client service – remain the cornerstone of our commitment to excellence and have gone a long way in ensuring we stay a stand-out brand in a crowded marketplace. Unusually for traditional commission-based businesses, our 20+ staff aren’t remunerated solely by commission. The sales & letting employees are salaried but benefit from a collective pool of commission, which is equally distributed as a reward for working together as a team. Amongst many others, it’s a way we distinguish ourselves and get our voice heard above the noise. In the property industry, reputation is everything and in our regular team and departmental meetings, we discuss all aspects of our operations but we also reinforce the fact that we are a client-facing business and most importantly, a team. The care of our clients is foremost in our minds, from the biggest request to the smallest detail and we work smart, we work diligently and we work hard to make sure the Gaudin experience is effortless and ultimately satisfying.
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