St Christophers, 33 Stopford Road, St. Helier, Jersey

Description

TENDER – DEVELOPMENT SITE – OIRO £1,650,000 – Reside are pleased to offer St Christopher, a considerable site with a selection of apartments and a separate freehold 1 bedroom town house.
All four units are near completion and require finishing at an approximate cost of £100,000.

Unit 1 is a 68sqm 2 bed 2 bath basement apartment benefiting its own entrance and front and rear terrace.
Unit 2 is a 60 sqm 2 bed 1 bath apartment benefiting an additional w/c and Juliet balcony.
Unit 3 is a 100sqm top floor 3 bed 2 bath duplex apartment.
Unit 4 is a 57sqm freehold unique 1 bed town house with front terrace.

Estimated rental value on the site is £80,000 per annum generating a yield of 4.5 %

The flats benefit a large external patio which could be divided as to the developers wishes, parking is avaliable.

This property offers a great investment for a developer allowing an opportunity to secure a projection OIEO £1,650,000 closing 30th October.