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RESIDENTIAL INVESTMENT – PARK APARTMENTS, PARK AVENUE, ST HELIER

SOLD

Total Area:

4413 sq.ft.

About this property

REGISTERED LODGING HOUSE
UP TO 6 CAR PARKING SPACES
FIRE CERTIFICATE VALID UNTIL 2023
WELL PRESENTED AND MAINTAINED
NEW FIRE ALARM SYSTEM INSTALLED IN 2020
FOR SALE BY FREEHOLD CONVEYANCE
11 REGISTERED UNITS AND 1 ENTITLED UNIT

BIDS SOUGHT BY COB FRIDAY 8th OCTOBER 2021

LOCATION

The property is situated in a predominately residential area, yet is within easy walking distance of the main retail and commercial areas of St Helier. More specifically, the property is located on Park Avenue, at its junction with St John’s Road. Both People’s Park and Parade Park are a short walk away where facilities include large open green spaces and a petanque pitch.

DESCRIPTION

Consisting of 4 studio and 8 one-bedroom apartments with car parking for up to 6 cars, this well run, maintained and well-presented lodging house offers a prospective purchaser an excellent rental investment or, subject to the relevant consents, an opportunity to break up and sell the individual units.
Each one-bed unit benefits from its own separate kitchen and bathroom, with the studios benefiting from integral pull-down beds, kitchenettes and separate shower rooms.

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Guy Gothard FRICS