Property Monthly
March 2020
Issue No. 184
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The Rise of Sophisticated Architecture See Page 19
by
INTRODUCING...
CHRIS SOKRATI
JAMES CUMMING
MARK GRIMES
KERRY PHILLIPS
DIRECTOR 01534 707917 07797 719792
ASSOCIATE NEGOTIATOR 01534 707912 07829 835076
ASSOCIATE NEGOTIATOR 01534 707921 07797 736514
DIRECTOR 01534 707914 07797 825122
chris@thompsonestates.com
jamesc@thompsonestates.com
markg@thompsonestates.com
kerry@thompsonestates.com
WEB
www.thompsonestates.com
SOLE
SHARE TRANSFER
from £255,000
APARTMENTS
St Helier
1-2
1
0
RES085
SHARE TRANSFER FLYING FREEHOLD
£250,000
APARTMENT
St Helier
1
NEW
1
0
RES104
NEWLY REFURBISHED
FLYING FREEHOLD
£267,000
APARTMENT
St Helier
1
1
0
RES107
sales@thompsonestates.com
TEL
01534 888855
3
4
WEB
www.thompsonestates.com
sales@thompsonestates.com
NEW & SOLE
SHARE TRANSFER
£525,000
COTTAGE
St Lawrence
2
2
2
RES120
COMING SOON Top floor 1 bedroom apartment in St Saviour. Newly refurbished with a single garage. Sole agency instruction. Asking £295,000.
Please call Kerry on 07797 825122
NEW DEVELOPMENT - 2 REMAINING
FLYING FREEHOLD
£375,000
APARTMENTS
St Helier
1
1
1
RES174
TEL
01534 888855
WEB
www.thompsonestates.com
sales@thompsonestates.com
TEL
01534 888855
FLYING FREEHOLD
£400,000
APARTMENT
St Helier
2
1
1
RES045
SHARE TRANSFER
£520,000
APARTMENT
St Helier
2
2
1
RES058
FLYING FREEHOLD
£540,000
APARTMENT
St Clement
2
2
2
RES198
WANTED We have investors looking for purpose built apartments. Ideally in developments such as: Castle Quay, Spectrum, Fourteen, Westmount or Metropole. All prices considered. Please call Mark on 07797 736514
5
6
www.thompsonestates.com
WEB
ONLY 3 REMAINING
FLYING FREEHOLD
from £568,000
APARTMENTS
St Helier
2
2
2
RES151
SOLE
FREEHOLD SEMI-DETACHED HOUSE
£620,000 St Lawrence
3
1
NEW & SOLE
3
RES319
INVESTMENT ONLY
FREEHOLD
£650,000
COMMERCIAL
Gorey
3
1
2
RES033
sales@thompsonestates.com
TEL
01534 888855
02/2020
In the most talked about decision in recent months, the Bank of England decided, at its meeting at the end of January, to hold base rate at 0.75%, a level at which it has remained since August 2018. In the days and weeks before this meeting, there had been much speculation that Base Rate would have to fall based upon the poor performance of the economy in the lead up to the General Election. Projections for the British economy for this year, however, suggest that one will see modest growth and it is this that no doubt resulted in the Bank deciding to keep the key rate unchanged. This decision will be reviewed every month, which means that there is no guarantee that the rate will not fall later this year if the economy falters.
The Best Rates... Other good news is that one local mortgage provider has aggressively reduced some of their fixed rates as shown in our comparison table and it will be interesting to see if this challenge will be taken up by the other lenders in the next four weeks.
Pick of the Bunch
(% loan to property value/price)
60%
Tracker
1.49%
60%
2 year fixed
1.28%
60%
5 year fixed
1.65%
60%
10 year fixed
2.74%
85%
Tracker
1.74%
85%
3 year fixed
1.99%
85%
5 year fixed
2.03%
90%
Tracker
2.19%
90%
2 year fixed
1.94%
90%
5 year fixed
2.29%
95%
2 year fixed
2.99%
95%
5 year fixed
3.49%
100% 5 year fixed
3.99%
60%
BTL 2 year fixed
1.69%
60%
BTL 5 year fixed
2.30%
www.mortgageshop.je
CLOSER TO HOME, the property market slowed toward the end of last year, which was understandable as we all witnessed history in the making. With all of that now behind us it is encouraging to see so many home movers now making the decision to trade up to larger properties, so freeing up flats and houses for First Time Buyers, many of whom are being supported by family to provide the essential deposit funds that are needed. For those who do not have a large deposit, it is possible to obtain both 95% and 100% mortgages, although we have found the take-up on these to be much lower than expected, due in part to the higher interest rates that are charged and also their somewhat limited scope. These products are there for a reason though and form part of a much wider range of mortgage options which embrace residential mortgages, buy to let and commercial facilities. JERSEY is served extremely well by the small number of mortgage providers who help to sustain what can generally be described as a buoyant housing market, although changing expectations of the borrowing public mean that lenders must always look to improve and modify not only their product range but also their lending criteria. This is easier said than done, as all mortgage lending on both sides of the Channel is controlled by UK regulators, whose restrictions are in place to ensure that borrowers do not default on their mortgage. It has been apparent in recent months that some lenders are slowly modifying their operations to provide more user-friendly products. Extending loan terms to a maximum of 40 years, increasing income multiples, permitting overpayment on fixed rates with no penalty, taking into account overtime and bonuses, requesting only two years trading figures for self employed applicants and much more, and this is great news for anybody who already has a mortgage or is thinking of getting onto the property ladder.
info@mortgageshop.je
Your home is at risk if you do not keep up with repayments on a mortgage or other loans secured on it
8
WEB
www.thompsonestates.com
sales@thompsonestates.com
TEL
01534 888855
NEW & SOLE
SEMI-DETACHED HOUSE
SHARE TRANSFER
£625,000
APARTMENT
St Clement
2
2
2
RES031
SOLE
FREEHOLD SEMI-DETACHED HOUSE
£665,000 St Brelade
4
2
4
RES063
FREEHOLD SEMI-DETACHED HOUSE
£665,000 St Saviour
2
1
2
RES068
COMING SOON
WANTED
Beautiful 3 bedroom, 3 bathroom townhouse in the Belvedere development. Large rear garden, garage and parking for an additional car. Sole agency instruction.
We have numerous applicants searching for 2 or 3 bedroom properties in any area of the Island.
Asking £685,000
Must have outdoor space and parking. Between £500,000 to £600,000.
Please call Mark on 07797 736514
Please call Matthew on 07797 737773
• Windows • Gutters • Carpets • Upholstery • Office & House Cleaning • • Power Washing • General Cleaning Services • • Fully Insured - Free Quotations • M.: 07797 764180 T.: 01534 789965 E.: ultimatecleaning@myself.com
WEB
www.thompsonestates.com
SOLE
FREEHOLD SEMI-DETACHED HOUSE
£695,000 Grouville
3
2
8
RES012
SOLE
FLYING FREEHOLD
£725,000
APARTMENT
St Brelade
3
2
2
RES087
LODGING HOUSE
SHARE TRANSFER
£795,000
TERRACED HOUSE
St Saviour
6
5
1
RES061
NEW & SOLE
FREEHOLD SEMI-DETACHED HOUSE
£820,000 St Lawrence
3
2
3
RES042
sales@thompsonestates.com
TEL
01534 888855
9
10
WEB
www.thompsonestates.com
sales@thompsonestates.com
CHOICE OF 2
FLYING FREEHOLD
£895,000 & £950,000
APARTMENTS
Greve de Lecq
2
2
2
RES227
NEW
FREEHOLD
£945,000
TERRACED HOUSE
St Helier
5
2
3
RES024
SOLE
FLYING FREEHOLD
£960,000
APARTMENT
Portelet Bay
3
3
2
RES001
COMING SOON Fantastic 4 bedroom family home close to Green Island. Well maintained interior with large enclosed south facing garden and double garage with scope to add more space. Asking £875,000 Please call James on 07829 835076
TEL
01534 888855
WEB
www.thompsonestates.com
sales@thompsonestates.com
TEL
01534 888855
SHARE TRANSFER
£1,150,000
APARTMENT
St Brelade’s Bay
3
2
2
RES070
FREEHOLD CONVERTED CHAPEL
£1,380,000 St Lawrence
4
4
5
RES022
FREEHOLD
£1,475,000
DETACHED HOUSE
St Clement
4
4
7
RES102
COMING SOON
WANTED
WANTED
5 Bed bungalow in St Brelade. Large swimming pool and garden. Immediate income potential or 2 generation home.
2 Bedroom apartment in Gorey Village or Pier area.
3/4 Bedroom modern home in the West. Must have a rural or sea view. Garage and ample parking.
All prices considered.
Up to £1,500,000
Asking £1,450,000 Call Kerry on 07797 825122
Call Mark on 07797 736514
Call Kerry on 07797 825122
11
12
WEB
www.thompsonestates.com
sales@thompsonestates.com
TEL
01534 888855
FLYING FREEHOLD
£1,495,000
APARTMENT
Portelet Bay
3
3
2
RES035
SOLE
FREEHOLD
£1,495,000
DETACHED HOUSE
Rozel
4
2
4
RES081
NEW DEVELOPMENT
FREEHOLD
from £1,550,000
HOUSES
Trinity
4-5
4-5
4-6
Join us for Year 3 in September 2020 Book a tour of our award winning school with Head Teacher Mr. Dan Pateman visit: www.vcp.je email: admin@vcp.sch.je
RES089
www.thompsonestates.com
WEB
sales@thompsonestates.com
TEL
01534 888855
SOLE
FREEHOLD SEMI-DETACHED HOUSE
£1,625,000 Gorey
5
3
2
RES019
FREEHOLD GRANITE RESIDENCE
£1,695,000 St Martin
5
4
14
RES010
NEW
FREEHOLD GRANITE RESIDENCE
£1,750,000 Trinity
4
4
30
RES069
SOLE
FREEHOLD
£1,895,000
DETACHED HOUSE
St Martin
5
5
14
RES053
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Find out more in store or at sure.com *Minimum contract terms of 24 months. This offer must be purchased in store. Save £288.24 vs JT over 24 months on our Big Bundle when purchasing a MED (10GB) Pay Monthly mobile plan with Standard Fibre Unlimited Broadband and Sure Home landline £54.99 per month. Total 24-month Sure cost £1,319.76. Other mobile products and faster broadband also available. Nearest comparable JT bundle costs £67 per month (JT One Lite, 10GB mobile data and UK Minutes and Texts Booster). Total 24-month JT cost £1,608. New router available for £29. Connection fees may apply. Sure Home landline required. Prices include GST and correct as at 24th January 2020. Ts&Cs apply.
13
14
WEB
www.thompsonestates.com
sales@thompsonestates.com
TEL
01534 888855
FREEHOLD
£1,950,000
DETACHED HOUSE
St Brelade
4
3
5
RES028
FREEHOLD
£2,150,000
DETACHED HOUSE
St Lawrence
7
4
10
RES018
FLYING FREEHOLD PENTHOUSE APARTMENT
£1,995,000 Gorey
3
3
2
RES178
FREEHOLD SEMI-DETACHED HOUSE
£2,200,000 St Aubin
3
3
3
RES134
SELLMYSTUFF.JE CONTENT SALES
WEB
www.thompsonestates.com
sales@thompsonestates.com
TEL
01534 888855
FREEHOLD
£2,250,000
DETACHED HOUSE
St Saviour
6
5
12
RES219
FREEHOLD
£2,500,000
DETACHED HOUSE
Rural St Helier
4
4
10
RES103
FREEHOLD
£3,250,000
DETACHED HOUSE
St Brelade
6
6
10
RES052
NON-QUALIFIED
£3,700,000
DETACHED HOUSE
St Peter
6
3
10
RES225
THE FIRST CHOICE FOR YOUR NEXT PROPERTY MOVE We are an established law firm with property experts who are renowned for taking the stress out of buying and selling property. Our experienced property team provides a full range of services tailored to your individual needs, offering peace of mind that you and your property transaction are in safe hands. Contact us to find out more: T: 888666 | E: info@viberts.com www.viberts.com
15
16
Lettings
QUALIFIED
QUALIFIED
£1,650 pm
APARTMENT
QUALIFIED
£1,700 pm
APARTMENT
St Helier
2
2
1
REN062
QUALIFIED
St Brelade
2
2
2
£1,950 pm
1
2
REN050
QUALIFIED
£2,300 pm
APARTMENT
£2,850 pm
2
2
2
4
REN090
QUALIFIED
£3,500 pm
APARTMENT
£3,750 pm
3
6
REN056
2
2
St Martin
2
2
5
REN033
£3,500 pm
HOUSE
REN005
St Grouville
3
2
2
REN028
QUALIFIED
£3,900 pm
HOUSE
£4,000 pm
APARTMENT
St Lawrence
4
REN085
£2,800 pm
COTTAGE
St Clement
2
St Mary
3
REN058
QUALIFIED
HOUSE
2
QUALIFIED
St Clement
4
1
St Helier
2
QUALIFIED
HOUSE
St Lawrence
2
QUALIFIED
Grouville
2
REN012
QUALIFIED
COTTAGE
£1,900 pm
COTTAGE
3
EMILY HACQUOIL Lettings Negotiator 01534 707900 07700 348212 emily@thompsonlettings.com
4
REN081
St Brelade
3
3
2
REN095
KELLY DOBIN Lettings Negotiator 01534 707908 07797 889836 kelly@thompsonlettings.com
17
JERSEY
St Peter
Asking Price £2,550,000 – FC058 - NEW
This magnificent state of the art 5 bedroom contemporary house with elegant features is set in picturesque surroundings overlooking a wildflower meadow whilst also being only a few minutes’ drive from St Peter’s Village, St George’s Preparatory School and the airport.Treboule forms part of an exclusive, luxury close of 12 new houses, arguably one of the most exciting places to live in Jersey. The modern luxury kitchen/dining area with Miele appliances is open plan living at its best, with flexible accommodation on this spacious ground floor including a playroom/cinema, cloakroom and large utility room.
St Peter
An impressive first floor awaits with four generous en-suite bedrooms, including the Master en-suite bedroom which boasts a generous walk in dressing area. Completing the ground floor is an integral double garage which is approached from a gated driveway. All situated within a wraparound lawned garden where provisions for a swimming pool have been considered.
Asking Price £2,750,000 – FC016 - NEW
Approached down a long private driveway Beau Vallon Farm, a fine equine estate, is situated in approximately 16 Vergees of gardens, paddocks, fields, meadows and woodlands offering complete privacy and a beautiful, far reaching countryside outlook.This unique dwelling has recently undergone a superior luxury transformation inside and out and now offers comfortable living for multi generation with outstanding equestrian facilities.The main house is accessed through an impressive entrance hall then into a vast fully fitted bespoke kitchen, complete with Aga, giving this room a welcoming country feel. From the orangery a door opens out onto a pretty paved patio area and garden which is an ideal space to sit out in the summer months. Being in an elevated position you can watch the sunrise through to sunset. Upstairs you will find 3 double
bedrooms with generous luxury ensuite rooms all finished to an exacting standard. Integral to this is a cottage with 3 double bedrooms, large living room and eat in kitchen. The equestrian facilities are extremely impressive with 6 well fenced paddocks each with water taps direct from the large pond, sand school, grazing meadow, 5 well built stables, field shelters, tack room, store room and dutch barn. There are various outbuildings; one fully insulated for quality 3 car garaging, fenced carport, storage rooms and a detached coach house featuring large office spaces, with toilet and kitchen facilities, plus a studio apartment above. The property lies in a rural location yet just 5 minutes drive to the airport. With a feeling of complete serenity and space Beau Vallon is a retreat in a busy world and should be viewed to appreciate.
TEL: 01534 840022
www.fineandcountryjersey.com
18
JERSEY
St Brelade
Asking Price £2,995,000 – FC038 - NEW
St Brelade
Asking Price £3,950,000 – FC007 - NEW
Approached via a long, private tree lined driveway is a large granite property surrounded by approximately 8 acres of its own woodland and garden that provide the utmost privacy. Francfief Farm requires modernisation and offers the discerning purchaser a great opportunity to create a fabulous family home, already available are large entertaining areas, a heated pool, snooker room, ample garaging, plus a separate 2 bedroom cottage with its own parking and garden.
This elegant Georgian style 4 bedroom, 4 bathroom property offers a 5,000sq. ft main house together with a 1,450sq.ft 2 bedroom, 2 bathroom granite barn. Offering character facades with ultra modern interiors, the luxurious and versatile house offers spacious and light accommodation set over 4 floors. Briefly comprising: a beautiful and huge family kitchen, orangery looking out over the south facing garden, dining room, sitting room, cinema room, gym, shower room (currently used as an integral flat), 4 bedrooms (2 are en-suite) and a large loft room ideal as a playroom or home office with a balcony and views over the surrounding woodland towards the Railway Walk.There is a 4 car garage and
Close by is the Railway Walk, La Moye Golf Club, and the ever popular St Brelade’s Bay - a perfect beach for families, water sports, great restaurants, cafés and shops. Conveniently located close to Red Houses, Quennevais shopping precinct and Sport Centre, Jersey Airport and Gama Aviation, the town centre is just a 15 minute drive away. Local schools have an excellent reputation plus there are superb private preparatory and secondary schools within a short drive.
ample parking accessed via a gated entrance.The cottage is separate to the main house and has its own gated entrance, parking and garden.The cottage comprises: eat-in kitchen, lounge, cloakroom, master suite, 2nd bedroom and bathroom. The property is ideally located close to St Brelade’s Bay, St Aubin’s Village and the airport.Viewing is highly recommended to fully appreciate this stunning residence.
TEL: 01534 840022
www.fineandcountryjersey.com
19
JERSEY
West Grove Apartments, St Lawrence Asking Price £2,250,000 & £2,950,000 – FC050 & FC051 - NEW & SOLE West Grove apartments is a fabulous new block of four luxurious apartments, built to an exceptionally high standard and offering unparalleled design and finish to indulge owners in an upscale lifestyle. Offering refined architecture, with a gentle nod towards the Art Deco era, combined with contemporary, clean lines and harmonious spaces that flow visually and spatially, allowing for great entertaining and stylish living. The two ground floor duplex garden apartments offer modern yet sophisticated accommodation with 3 double bedrooms, all with fitted wardrobes and 3 luxury bathrooms. An open-plan lounge and kitchen offers modern living and access to the garden, whilst the first floor offers a 2nd reception room/sun lounge with beautiful views over St Aubin’s Bay. Each apartment has a double garage and ample visitor parking can be found within the development.
Occupying the whole top floor is the penthouse which encompasses the latest design trends of Herringbone flooring and a muted wall colour palette, combined with dramatic heavy Walnut doors. Each of the 3 double bedrooms have fitted wardrobes and luxury en-suite facilities, whilst the very spacious lounge offers a panoramic view over St Aubin’s Bay.The contemporary eat-in kitchen has ample space for dining and all principle rooms have access to a large south facing balcony, offering a great entertaining or relaxing space.The penthouse benefits from a private triple car garage with its own power supply and tiled floor. To the rear of the development, in an elevated location, is a magnificent communal terrace where you can view the spectacular panorama of St Aubin’s Bay.
TEL: 01534 840022
www.fineandcountryjersey.com
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