Property Monthly October 2023

With over 30 years of experience, Margaret is highly-respected in the property industry, gaining national recognition as seen by the plaques and awards in the Confidential Suite at our offices on King Street. Being discrete when and where required, and keeping our clients’ best interests at heart, has ensured that Margaret and our team have a loyal clientele who we look after at every stage of the home-buying process.

Ask the Negotiator

Finding the Perfect Fit: Why Forcing an Asking Price Can Feel Like Wearing Your Child’s Shoes to Work.

In our world of property, right now one of the most challenging aspects for both buyers and sellers is determining the right asking price for a property. It’s a bit like trying to wear your child’s shoes to work – uncomfortable, awkward, and often, simply impractical.

Setting the asking price for your property is a crucial decision that can significantly impact the success of your sale. Before determining the price, you should consider the following factors:

The Market’s Reality

What you might have paid for a property or what you believe it’s worth might not align with the current market conditions. Buyers, too, have to contend with these shifts, making it essential to be realistic about pricing.

Emotions vs. Economics

You may have deep emotional ties to your homes, which can cloud your judgment when setting an asking price. Buyers, on the other hand, are driven by budget constraints and their vision for a future home. Balancing these two perspectives requires careful consideration.

Overpricing

Setting an asking price too high can discourage potential buyers and prolong the time a property spends on the market. Some buyers may not even engage in negotiations if they feel the price is too far from their budget or perception of value.

Professional Guidance

A good agent will provide expert market analysis, guide negotiations, and help both parties understand the market reality. The best agents are the ones brave enough to tell you how it really is. To do this they need excellent market experience gained through years of dedicated work in the industry. It’s now crucial to remember that old adage, ‘You get what you pay for’. With Thompson Estates and Fine & Country you are investing in our years of market expertise and our extensive network of potential buyers. Beware of one trend that has gained significant traction in Jersey in recent years; the allure of low agency fees combined with high property asking prices. This won’t be successful today, conditions have changed.

Flexibility is Key

Flexibility, negotiation, and compromise are essential in finding that comfortable fit.

In conclusion, both buyers and sellers can find the perfect fit in the market as long as they have the right approach, expert guidance, and a willingness to adapt. It’s all about ensuring that the property meets the needs and expectations of those who will call it home.

with Rebecca Sokrati

Are you currently facing challenges in selling your home, or perhaps you’re contemplating putting your property on the market? If so, we want you to know that we’re here to assist you every step of the way.

New Developments

Available now

Pinocchios

This fantastic new development of only eight apartments is situated on the outskirts of town, and has been built to an exceptional standard. Each apartment is bright and spacious, with modern fixtures and fittings and a store room. Unfortunately, there is no parking with the last remaining 1 bedroom unit, however, both 2 bedrooms have one space each. Whether you are a first-time buyer or an investor, these apartments would be an ideal purchase!

FROM £365,000 - £880,000

Available now

Westview

This brand-new development of 1 & 2 bedroom apartments offers the perfect town convenience with breathtaking views that stretch across St Helier to the sea beyond. Fantastic investment opportunities and a community for those buyers that will be lucky enough to call Westview their home. There is a vibrant residents’ hub and beautifully designed communal gardens with tree-lined avenues, creating delightful shared spaces for all residents to enjoy.

FROM £360,000 - £905,000

Completion 2023

Apex

Experience the perfect fusion of style and luxury in this exceptional residential project. Thompson Estates are delighted to welcome ‘Apex Apartments,’ the newest modern development from Siena Group. This development features seven exquisitely designed one and two bedroom apartments, including a selection of garden and terraced duplex apartments.

FROM £455,000 - £695,000

Completion 2023

Au Caprice

Au Caprice is a fantastic new development, in a wonderful location across the road from the beach. St Aubin is only a short walk away where you will find a plethora of shops, bars and restaurants, while also allowing easy access to the cycle path and bus route into town. The apartments are due to complete this year to the highest of standards, all with parking, storage and terraces or balconies.

FROM £1,395,000 - £1,495,000

Incentives offered

Les Petits Canons

Les Petits Canons is a fantastic new farmstead development. The 3 remaining properties have been completely renovated to an exceptional standard, offering the new owners modern, yet traditional family homes. Each with gardens, designated parking for 2 or 3 cars, a paved communal courtyard, a communal bike store and their own pigsty for further storage.

FROM £1,470,000 - £1,645,000

Completion 2023

Baycroft

Introducing Baycroft, a coastal haven of unparalleled luxury. Nestled along the captivating shoreline, Baycroft emerges as an exceptional development that promises a lifestyle like no other. This exclusive project, brought to life by Ashbe Construction on behalf of Melrose Homes, consists of 7x three bedroom luxurious apartments that redefine coastal living.

FROM £1,550,000 - £2,650,000

Completion 2023

Les Bardeaux

Welcome to Les Bardeaux, an unrivalled display of luxury living. Situated in a highly-coveted area, this magnificent development of eleven apartments boasts breathtaking and ever-changing south facing views towards St Aubin’s Bay. No expense has been spared, and no detail unexplored within this spectacular new build, with the highest quality fixtures and fittings throughout each unit.

FROM £1,785,000 - £4,500,000

Available now

Fallu Farm

Located above St. Peter’s Valley and embraced by mature woodlands, this new residential development offers a fantastic collection of 2 and 3 bedroom homes. Fallu Farm offers a harmonious blend of contemporary and traditional design, rural charm, and community convenience, each with its own rear garden, parking and a pretty communal green.

FROM £695,000 - £855,000

Properties of the Month

St Lawrence

RX289342

This spacious St. Lawrence residence offers 5 bedrooms, 5 bathrooms, a roomy office, utility and pantry spaces, and direct access to a double garage. The living room is generously sized with an adjoining dining area and beyond this, there is a separate well-equipped eat-in kitchen with a breakfast bar. Upstairs, there’s a self-contained 1-bedroom unit with its own entrance and parking for two vehicles. The property boasts two driveways and also allows access to an adjacent agricultural field.

St Ouen

This remarkable 4 bedroom granite home offers an exceptional opportunity to live in a peaceful corner of L’Etacq, whilst enjoying the beautiful panoramic beauty of St. Ouen’s Bay. With uninterrupted sea views stretching from Corbiere to L’Etacq, this residence is a testament to western coastal living at its finest. There is also plenty of living space with a 2 generation option, a raised wooden terrace from the dining room, extensive rear gardens, double garage & 4 parking plus 2 agricultural fields.

This exquisite 4 bed, 5 bath residence beautifully blends traditional architecture with contemporary interiors. Spread across 2,850sq.ft. on 3 floors, it offers spacious rooms and stunning sea views. the living room features oak beams, large windows, a wood burner; and balcony access. The bespoke Edwin Loxley kitchen is a true masterpiece. With sun terraces, external kitchen, and parking, this property is a must-see. Conveniently located near St.Aubin’s Village and harbour.

This 4,000 sq.ft two-generation family home in Grouville exudes timeless elegance and tranquillity. Nestled on a green lane, a sweeping driveway encircles a charming duck pond, serving as the property’s centrepiece. The main section, dating back to 1860, offers well-maintained traditional spaces, while the older part features a spacious kitchen/diner with a beautiful granite fireplace and Aga, alongside an adaptable space, once a nursery school. A separate first-floor 2-bedroom apartment with a private entrance adds flexibility.

Asking Price ~ £3,950,000 RX279511

Discover your modern architectural oasis with sweeping panoramic views of the sparkling waters and the enchanting French coastline. This East Island gem features an unconventional ‘upside-down’ design, optimizing its connection to nature. The upper level offers a beautifully equipped kitchen, an expansive open living area with a stunning marble fireplace, and floor-to-ceiling windows framing the coastal panorama. Step onto the terrace through bi-fold doors for mesmerizing ocean views.

This deceptively spacious, detached house is located on the edge of St Aubin’s Village with easy access to restaurants, bars, shops and the beach. Arranged over three floors, the property is a fantastic opportunity to create an amazing home with stunning panoramic views of St Aubin’s Bay. Currently split into two very spacious areas of accommodation with a large double garage, the ground floor has a 2 bedroom non-qualified apartment with its own separate entrance.

St Aubin Grouville

Asking Price ~ £3,500,000 RX279643

Asking Price ~ £3,795,000 RX279599

St Martin Asking Price ~ £3,950,000 RX279520

Asking Price ~ £2,795,000 RX289640

Asking Price ~ £2,650,000

Aubin

St Lawrence

Asking Price ~ £4,500,000 RX284601

The Penthouse, a lavish 3-bedroom apartment spanning 3,107 sq.ft., graces an enviable location with ever-changing sea views over St Aubin’s Bay. Just five minutes from Jersey’s Airport and private jet terminal, it offers unbeatable travel convenience. A private medical facility caters to residents’ healthcare needs, while nearby bus routes, schools, shops, beautiful beaches, fine dining, and luxurious hotels are all easily accessible. The charming St Aubin’s village and harbor complete this exceptional location, fostering a harmonious community.

St Aubin’s Harbour Asking Price ~

St Martin Asking Price ~ £4,650,000

SOLE AGENT

£4,650,000 RX288210

This remarkable 4,600 sq.ft. luxury residence offers splendid views over St Aubin’s Harbour and includes an impressive 8-car garage. The home offers solar panels and an electric boiler that will ensure future sustainability. Completed in September 2022, this home combines opulence with contemporary modern living. A lift, ground-floor gym, bespoke wine cellar, and elegant Artizen-crafted wardrobes and kitchen cabinets provide both convenience and luxury. The master bedroom boasts beautiful sea views, a large en-suite bathroom and a dressing room.

St Mary

Asking Price ~ £6,300,000 RX279488

Spectacular 7 bedroom country residence located in St Mary’s village, This former farmhouse offers 6,000 sq.ft. of accomodation. A comfortable lounge and sitting room lead through to the kitchen. Seperate orangery-style dining room and a cosy snug/tv area. Upstairs, the master suite is sizeable with a luzry en-suite and 3 futher en-suite bedrooms. Externally an integral 1 bedroom flat above the garage. A gym, outdoor tennis court & heated swimming pool.

Step inside and be captivated by the timeless elegance of this home, nestled within the enchanting embrace of mature parkland style gardens. This 6,500 sq.ft Georgian style home offers excellent family and entertaining space, yet with a tremendous amounts of privacy. The grounds are a haven of tranquility with a picturesque stream gently meandering through the garden, creating a serene and soothing ambiance that invites you to relax and unwind, whilst to the rear is an impeccably maintained tennis court. SOLE AGENT

St Mary Asking Price ~ £6,500,000

RX279449

This stylish 6 bedroom family house is located on the outskirts of St Mary’s Village. With high ceilings and large windows, it offers plenty of light and garden views. The impressive kitchen/dining/family room has access to an outdoor pool. The property also includes a granite annexe with a gym and a detached three-car garage. Conveniently close to the airport and private school.

TEL: 01534 840022

TEL: 01534 840022

St Saviour Asking Price ~ £17,000,000 RX289741

A meticulously restored Victorian masterpiece, graces the countryside with its grandeur and modern comforts. Offering 12,000 sq.ft. of living space, it features a spacious family living/kitchen area, reception rooms, a climate-controlled wine cellar, gym, and more. Additional one-bedroom and three-bedroom accommodations provide versatility. The beautifully landscaped gardens, complete with maze hedging and a sustainable home farming area, enhance the property’s allure. Sunningdale Manor is a harmonious blend of historical elegance and contemporary luxury, promising a truly exceptional living experience.

RX279581

Lettings only, or a fully managed service:

VIEWINGS

All viewings with prospective tenants are accompanied by an experienced member of our Lettings team.

TENANTS

Once we have found a prospective tenant, we will collect references and carry out credit checks. Once all paperwork is satisfactory, we will prepare the Lease Agreement (if required) and prepare a detailed Condition Report.

MARKETING

Energetic marketing through our local office and digital channels including our website, property portals, social media and email databases.

DEPOSITS & PAYMENTS

We’ll collect rent from your tenant(s) with funds transferred into your account each month. We’ll also handle the deposit and lodge this with My Deposits Jersey on your behalf.

TENANCY RENEWALS VACATING

Automatic re-marketing at least two months before the existing tenant leaves to ensure your property is less-likely to be untenanted for a period of time.

A full exit inspection which will include an Exit Report to ensure your property has been left in a good condition, no damage has been caused and that it has been professionally cleaned.