Excellent Jersey Freehold Residential Investment Opportunity For Sale

Business description

Company share transfer enables owner to enjoy Jersey residential qualifications.
Three bedroom Victorian house with sea views.
Two high quality, two bedroom cottages. All accommodation can be let to non qualified residents. Eight parking spaces. Always fully let with income of £71,000 per annum. More possible with minor upgrade. Well located in prime St Clement residential area. Superb long term investment in bouyant Jersey economy with Zero Corporation tax, no Capital Gains or Inheritance taxes.

Property information

Property:

Freehold

Living accommodation:

House comprises large kitchen/diner, utility room, huge lounge with sea view, and family bathroom on first floor. Three large double bedrooms, two with excellent sea views, family bathroom on second floor. Two superb whitewashed cottages, in good condition. Both have a kichen/diner and large lounge on the ground floor, and a double and single bedroom on the first floor, plus family bathroom.

Location:

In the highly desirable residential area of St Clement with good sea views and ten minutes from St Helier.

Other information

Expansion potential:

The properties are in good order but would benefit from some cosmetic improvements which would enhance rental income.

Financing available:

Yes, subject to status from Barclays International Corporate Banking

Contact the seller