Islander May 2024

EARTH TONES AND SEA VIEWS AT ROZEL A Buff Beachside Beauty.

R a r e f i n d i n S t A u b i n ' s V i l l a g e

L a R u e D u C r o c q u e t , S t . B r e l a d e , J E 3 8 B Z

A r e f u r b i s h e d m o d e r n s a n c t u a r y i n t h e h e a r t o f S t A u b i n ’ s V i l l a g e T h i s p r o p e r t y c o m p r i s e s a s p a c i o u s l i v i n g r o o m , m o d e r n k i t c h e n a n d d i n i n g r o o m , f o u r d o u b l e b e d r o o m s , t h r e e b a t h r o o m s , a n d a w e s t - f a c i n g t e r r a c e a n d g a r d e n . C o m p l e t e w i t h t w o p a r k i n g s p a c e s a n d a s i n g l e g a r a g e . Q u a l i f i e d

G u i d e £ 1 . 7 5 m i l l i o n

D e b b i e L e B r u n

01534 722 227

debbie lebrun@savills com

ISLANDER #58 MAY

ABOUT PLACES ISLANDER.

Places Islander is Jersey’s only publication dedicated to multi-agent, high quality property related listings and local property and profile features.

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ISLANDER IS PUBLISHED BY

EDITION

WillHolland

OCEAN RESTAURANT

Ocean Restaurant at The Atlantic Hotel is a 4 AA Rosette restaurant set amongst ten acres of gardens and grounds, overlooking the magnificent St Ouen’s Bay and Atlantic Ocean beyond. Executive Chef Will Holland and Head Chef Adam Braithwaite lead a team of talented chefs producing modern British dishes with an emphasis on fresh Jersey produce.

Many of the ingredients used throughout their menus have been sourced from Jersey’s fields and shores, for example, the homemade sourdough and seaweed butter which is made daily and served to all guests at the start of their meal in Ocean Restaurant.

Can you tell us about your Genuine Jersey product?

It’s a sourdough bread made with spelt soaked in Liberation Brewery IPA, served with handmade butter made with Jersey cream, Jersey sea salt and seaweed that we have foraged from St Ouen’s bay, just minutes from the kitchen. This beautiful natural ingredient is then brought back to the kitchens and combined with rich Jersey Dairy double cream and Jersey Sea Salt to make the butter.

What inspired you to use Liberation IPA in your bread? Simple... it’s one of my favourite day off tipples!

How can people come and enjoy the bread and butter? We serve it with our compliments to every guest who dines in Ocean Restaurant, the perfect way to start your experience with us.

It’s a sourdough bread made with spelt soaked in Liberation Brewery IPA, served with handmade butter made with Jersey cream, Jersey sea salt and seaweed that we have foraged from St Ouen’s bay, just minutes from the kitchen.

Tell us what inspires you and your menus?

I can take inspiration from everywhere and anything. When walking my dogs I might see an ingredient growing wild that might inspire me to create a dish. I have previously created a whole dish inspired by a shop-bought product I ate as a snack!

You’re passionate about local produce, where does the passion come from?

I only need to step out of my kitchen and I have access to the best natural larder on my doorstep. The best of both worlds... land and sea.

Who are the biggest foodie influencers in your life?

My first Head Chef, Gary Jones, is the biggest influence in my life and my career. Without him, I wouldn’t be where I am today or have achieved what I have to date. At The Atlantic Hotel’s 2024 Eat Jersey Food Festival Gary travelled to Jersey to cook a guest chef dinner with me. It was a very special moment to reunite and cook together again after 27 years.

Is there one dish that you’d always have on your restaurant menu if seasonality didn’t matter?

I would serve my take on a classic crab linguine, whenever I take it off the menu it upsets regular guests! It’s a butter-roasted turbot fillet, hand-rolled tagliatelle, freshly picked crab, chilli, spring onion and coriander finished with a crab butter sauce.

What’s the one dish that you’d personally have on your last supper menu?

Côte De Boeuf, béarnaise sauce, French fries and a bottle of Barbera d’Alba to wash it down!

Our Genuine Articles are drawn from the ranks of Genuine Jersey, the organisation that supports local producers who create products on the island. Learn more about the organisation and how you could become a member and get featured here in future at www.genuinejersey.com

LOOKING FOR THAT LITTLE EXTRA IN A PROPERTY?

THERE’S ONLY ONE PLACE TO LOOK.

IF YOU’RE LOOKING FOR A PLACE IN JERSEY, ALL YOU NEED IS PLACES.

MAKING YOUR HOUSE HUNT EASIER SINCE 2009

/OPEN VIEWINGS

/HISTORIC TRANSACTIONS

/MULTI-AGENT MAP SEARCH

/CURATED, ACCURATE DATA

/TWICE THE NUMBER OF LISTED AGENTS THAN ANY OTHER PLATFORM

St Helier £300,000

A spacious one bedroom first floor apartment, which is conveniently located just on the outskirts of town and close to all local amenities. Presented in good order throughout, with a spacious open plan kitchen/living area, beautiful bay window providing an abundance of natural throughout, double bedroom and three piece bathroom.

- 01534 880880

St Helier £425,000

An exceptional 2 double bedroom apartment situated in a quiet street close to shops, restaurants, bars and cafes. Nestling on the ground floor of this impressive building, the contemporary accommodation is spacious and light comprising a 30 foot lounge/kitchen/diner, two double bedrooms, bath/shower room and utility. The apartment enjoys underfloor heating throughout. The spacious lounge/ kitchen/diner has plenty of space

Broadlands +1534 880770

This bright apartment is a great first step onto the property ladder. Sold with vacant possession and no onward chain. Residents parking scheme and plenty of rented parking and car parks close by.

for cooking, dining and relaxing. Features include recessed lighting, wood effect flooring and picture windows to front. The fully fitted kitchen includes integrated appliances including hob, extractor, oven, microwave, fridge, freezer and dishwasher. Centre island and breakfast bar. The apartment has two double bedrooms with fitted wardrobes and large windows. Tiled flooring and recessed lighting. The bathroom has a four piece suite comprising shower, bath, basin and WC. Fully tiled walls and floor.

Maillards

Places.je # 47057

Places.je #46565

St. Helier £765,000

Situated on a private first time buyer development at the top of St Johns Road, close to the local schools and within easy reach of the centre of town, this garage linked 3/4 bedroom home is located at the end of the development. With a feeling of space around it, the property benefits from a fantastic spacious garden with a garden gate leads the children safely to the neighbouring park. The present owners have extended the living space into part of the garage to create an additional snug/

Le Gallais - 01534 766689

St Martin £3,250,000

This Georgian five bedroom home has been recently refurbished. Occupying a private position surrounded by serene countryside, this would make a wonderful family home. The property is entered through a statement period porch where you are greeted by a bright entrance hallway with natural light flooding through large windows with stained-glass accents. There is an elegant kitchen, finished with bespoke fitted cabinetry and fully equipped with high end appliances. On the first floor, the principal

Savills - 01534 722227

office/spare bedroom with double doors leading to the garden. The kitchen is fully fitted and light and modern and there is plenty of space for dining and entertaining. The master bedroom is situated on the second floor (top) and features an en-suite shower room, Two further double bedrooms are on the first floor and an additional play room has been created over the garage/snug/ bedroom, making an ideal space for the kids to leave their toys out.Parking is provided for 2 cars.

bedroom suite is a peaceful retreat with impressive views of the grounds and surrounding fields. a modern ensuite bathroom with elegant bathtub. Two other bedrooms are situated on this floor. The final two guest bedrooms are on the second floor. The garden is a rural retreat with spectacular views of the countryside scenery. The property boasts a separate, detached two bedroom cottage with an open plan kitchen/ living space which would be perfect for two generation living. There is an integral double garage and further parking to the front of the property.

Places.je #47880

Places.je # 39164

A Buff Beauty.

Beachfront: it's one of the most popular and desirable search terms for house hunters on the island—and pretty much anywhere with the ocean on its doorstep. Despite being an island, the number of Jersey properties that can truly use the term in their descriptions is actually quite few and far between. Think about it: a couple in the bays to the north, a few in St. Brelade's Bay, the Beaumont to Bel Royal promenade, and then the strips between St. Helier and Gorey, the first element of which has the Energy From Waste plant muscling in on the view.

La Breque House is a newly developed beachfront villa with no such impositions and a view only interrupted by the beautiful, characterful Rozel Harbour. The four-bedroom ensuite beach villa and its separate guest house have been completely remodelled with luxurious interiors by a team of local interior designers and developers. Swathes of swatches that drift from neutral to woody tones make for a buff beauty in a home.

As soon as you enter the villa, you are met with a light and minimal palette of natural materials, Amtico flooring with underfloor heating throughout, areas with custom builds, handcrafted stairs, and wardrobes. La Brecque House has the feel of a summer house with its generous outdoor terraces but is designed for all-year-round living. The unapparelled views from the terraces on the ground and first floors will allow you to enjoy the breath-taking scenery of the unspoiled bay and Rozel harbour on your doorstep.

You can the formal living room from the hall through internal doors that have been custom made with whitewashed raised and fielded European oak. The custom, back lit shelves feature a purpose buil

media wall that houses a 65-inch TV and sound bar, discretely positioned in a buff-toned cabinet. The designer kitchen has everything the aspiring host would expect to wow guests. Double fridge and freezer, a wine fridge, boiling water tap and two ovens with combination microwave for starters, sn Induction hob and integrated dishwasher, finished with a Dekton work surface for main and a white Corian dining table for eight guests is at the heart of this living space to finish things off.

Each bedroom has an ensuite bathroom with electric underfloor heating. The design aesthetic continues in these spaces,

with their wet showers and custom glass doors. Bedrooms three and four are reached via the sculptural spiral stairs in the centre of the house, allowing for a distinct level of privacy for guests or family members. generous in size and practical in layout.

Such is the adherance to the natural tones, even the gym conforms with a wood-clad exercise bike taking centre stage. Whether your exercise of choice is yoga, relaxation, or intensity cycling, this space is replete with curated fitness accessories, chic water bottles and gym equipment.

"An outdoor kitchen with fully built-in bar seating is made from Tricoya wood which can withstand all weathers is tucked away in a sheltered place. There is built in wine fridge, ceramic sink, pizza oven and BBQ, providing the perfect set up for outdoor entertaining.

A one-bedroom ensuite guest house is located at the back of the property’s double electric door garage. Following La Brecque’s design theme this is a generous annex with a sitting room, kitchenette, bedroom and ensuite bathroom, perfect for guests or family. But it's the seafront space that's the charm, an outdoor kitchen with fully built-in bar seating is made from Tricoya wood which can withstand all weathers is tucked away in a sheltered place. There is built in wine fridge, ceramic sink, pizza oven and BBQ, providing the perfect set up for outdoor entertaining. The front terrace area also features an outdoor shower with steps directly down to the slipway and that all important beach access.

If you've already had enough of the sun or there's a breeze, you can move yourself to the enclosed courtyard terrace, located in the middle of the property. Entered via sliding doors, this fully private space features a 65-inch outdoor TV with customised electric weather proofing shutter and built-in outdoor gas fire box. Sonos speakers have been installed throughout the property and externally in the courtyard, terrace areas and outdoor kitchen bar area. Just select your favourite ocean-inspired playlist and get the party started.

Geri O Brien

La Breque House St Martin. £6,950,000

THE ISLAND’S BEST INTERIORS SHOP?

JERSEY’S BEST BUILDER OF EXTENSIONS? THE BEST LAWNMOWERS OR LANDSCAPERS? A BUSINESS THAT SIMPLY TALKS BUSINESS?

Some people ask you to advertise in magazines that serve just one business. We serve them all, direct via Jersey Post, 11 times a year. Reach every business address in Jersey with your advertisement in magazine quality full colour. Call Ceri on 01534 811100 and ask to about options for working with Islander.

PROPERTY TRANSACTIONS

The latest transactions through the Royal Court

Cote d’Azure, Le Mont de Rozel, St. Martin £1450000

Les Hirondelles, 4 Chestnut Farm, St Johns Road, St. Helier £875000

Old Station House South (formerly forming the Southern part or ..., La Rue a Don, Grouville £740000

Apartment 4, 7 Duhamel Place, St. Helier £410000

Oaklands, La Rue du Coin Varin, St. Peter £4560000

Fresh Winds, La Route de la Villaise, St. Ouen £1260000

Manleys Highfield, Le Mont Fallu, St. Peter £990000

Apartment 25, Tabor Park, La Route des Genets, St. Brelade £750000 Benest Estates

Kismet, Le Clos de la Mare, La Rue du Maupertuis, St. Clement £725000 ND Estates

68 Palace Close, St. Saviour £540000 Le Gallais

Elmwood Cottage, Le Mont Cambrai, St. Lawrence £1340000

Rochemont, La Rue de la Croute, St. Ouen £855000

8 Clos de la Bout, La Rue de la Mare Ballam, St. John £573000

Apartment 9, Le Clos de Petit Felard, Le Chemin des Moulins, St. Lawrence £400000

Villa de la Cote, formerly known as Erin Villa, La Grande Route de la Cote, St. Clement £3130000 Wilsons

Apartment 2, Rocco One, Le Mont de la Pulente, St. Brelade £1120000

Bas du Mont, La Vallee de St Pierre, St. Lawrence £950000 Benest Estates

3 Oak Lane Farm, La Route Orange, St. Brelade £740000

11 Meadow Park, La Rue des Pres, St. Saviour £695000 ND Estates

8 Market Street and Known as Rosies Tea Room, Market Street, St. Helier £500000

Share 1, 3 Peirson Road, St. Helier £266000 Willow House, 64 New Street, St. Helier £255000 Indigo Estates

Landscape Farm, Le Chemin des Moulins, St. Helier £7250000

Merchant House, formerly known as Villa Jasmine, La Route de St Aubin, St. Helier £1150000

White Heather, 3 Fernlea Close, Le Chemin au Greves, Grouville £670000

15 Les Cloches, Le Squez Road, St. Clement £588000

4 Clos de la Bout, La Rue de la Mare Ballam, St. John £565000

Flat 3, 19 David Place, St. Helier £400000

19 April 2024 12 April 2024 5 April 2024

Boulivot Farm (or Le Boulivot), La Vieille Rue, Grouville £1700000 Wilsons

21 Le Clos des Sables, La Route Orange, St. Brelade £850000 Benest Estates

7 Pinewood Close, La Rue du Pont Marquet, St. Brelade £615000 Le Rossignol Estates

2 Clos de la Bout, La Rue de la Mare Ballam, St. John £573000

26 Le Clos de La Ville, Clarke Avenue, St. Helier £530000 Indigo Estates

Sophiche, 16 Rocque Bay, La Grande Route de la Cote, St. Clement £1150000

La Roseraie, 2 Pont Marquet Close, La Rue du Pont Marquet, St. Brelade £785000

2 Les Petites Maisonettes, Priory Farm, La Grande Route de St Clement, St. Clement £500000 Benest Estates

3 Beech Vale Flats, La Grande Route de St Jean, St. John £305000

Rosedale Farm, La Route des Issues, St. John £1340000

Share 1, Les Carrieres, Le Chemin des Maltieres, Grouville £1022500

Maison Martin, 51 Clubley Estate, St Johns Road, St. Helier £765000 ND Estates

15 La Ville au Roi, La Rue de Trachy, St. Helier £732500

Indigo Estates

The Main House, Longueville Stores, Longueville Road, St. Saviour £570000

Apartment 2, 19 Journeaux Street, St. Helier £360000

Two garages South of 21 Bagatelle Avenue, ., St. Saviour £130000

Les Houmets Residential Home, Gorey Village Main Road, Grouville £1500000

Notre Bonheur to be known as Asvi, 11 Le Clos de la Ville, St. Helier £670000 Indigo Estates

1 Clos de la Bout, La Rue de la Mare Ballam, St. John £592000

7 Clos de la Bout, La Rue de la Mare Ballam, St. John £573000

192 Le Clos des Sables, La Route Orange, St. Brelade £455000

Agents! Don’t forget to claim your sales through our Places admin console and show which properties you sold, just click ‘historic sales’ from your menu and ‘claim’!

MORTGAGE market update

Words: Peter Seymour, The Mortgage Shop

The promise of a reduction in Bank of England Base Rate and a subsequent fall in the overall cost of borrowing in the first half of the New Year is diminishing as each week goes by.

INTEREST RATE CHANGES

These hopes originally centred around the fact that with the UK Cost of Living Index having reduced significantly, the Bank of England would then have been able to reduce Base Rate from its current 5.25% down to 4.5% by year end in three drops each of 0.25%.

It is now suggested that the Bank will not introduce any reductions at its next meeting on 9th May, waiting until September before taking any action. No doubt the minutes from this important meeting will give us a hint as to the stance that will be taken by the Bank for the rest of the year, leading into 2025 projections, and taking into account the need to grapple with wage inflation.

Since the beginning of the year the world economy has taken a battering, and there are fears that the cost of living might start to creep up again in the ensuing months in the UK, EU and America, who all work together in an attempt to achieve uniformity.

THE GAP BETWEEN RATES IN THE UK AND JERSEY

At the beginning of the year, all local mortgage providers came under fire from the media and the Government levying criticism over the difference between mortgage interest rates applied in the UK as opposed to the higher level applied to interest rates by the same institutions in Jersey.

In January, the average interest rate in the UK was 5.2% compared to 6.3% in Jersey – a difference of 1.6%. By April, this gap had reduced to 0.7% and we now find that Jersey lenders are on a par with their UK counterparts or marginally better.

What has happened is that mortgage providers in the UK, in anticipation of

BEST RATES

May April January

2-year Tracker rate 60% LTV 5.75% 5.75% 5.44%

2-year Fixed rate 60% LTV 5.34% 5.34% 5.79%

2-year Fixed rate 90% LTV 5.64% 5.64% 5.49%

5-year Fixed rate 60% LTV 4.84% 4.84% 5.29%

5-year Fixed rate 90% LTV 5.14% 5.14% 5.49%

a fall in Base Rate early in the year, significantly reduced the margin on most of their products, while Jersey lenders took no action, waiting until later in the year to reduce the cost of most of their products. They have not yet followed the UK lead, although it is possible that they might do so in the next few weeks.

HOUSE PRICE INDEX

Statistics Jersey have just released their House Price Index for the first quarter of this year. This well-presented report suggests that prices in Jersey have fallen by 2% since the last quarter of 2023 and 6% lower than the corresponding quarter in that year.

Unfortunately, the methodology used to prepare these reports does not reflect the current market or record the amount by which prices of property have had to fall in order for a sale to take place.

What has not helped is the fact that many recent transactions have been sales on new developments where prices have been agreed for anything up to three years ago, so giving an unrealistic view of the current market.

The latest report shows an average reduction in a one bed flat of £13,000, whilst the average price of a two bed flat has fallen by £88,000. Three bedroom houses have fallen by an average of £42,000.

These numbers are still not enough to kickstart the property market in the Island, although reductions in excess of 20% on some transactions that have taken place in the past nine months or so, will slowly filter through to influence a continuing reduction in asking prices.

JERSEY FISCAL POLICY PANEL

The quarterly reports prepared by Statistics Jersey would appear to have influenced the findings of the Jersey Fiscal Policy Panel, a group that provides the Government with regular updates on the economy.

The Panel’s recently released report on the economy includes the figures prepared by Statistics Jersey which means that the Government might not be receiving the whole picture, resulting in policy decisions being made which do not reflect the reality of the current market.

MORE PROPERTIES FOR SALE

A monthly update on the property portal places.je reveals that a total of 1508 flats and houses are currently being advertised for sale. This is the largest number of properties that we have seen for a long time and suggests that the market is starting to recover as buyers/ borrowers reconcile themselves to the fact that higher mortgage interest rates are here to stay.

The good news for First Time Buyers is that there are 472 properties, mainly flats that are listed in the price range up to £500,000, with a further 462 in the range between £500,000 and £700,000.

BEST RATES

Our best rates comparison this month shows little / no difference to the figures from April, although the trend to borrow at either a tracker rate or a two-year fixed rate might now need to be reviewed in favour of a longer term fixed rate.

@themortgageshopjersey

Looking for your mortgage? We move quickly!

No waiting ages for an appointment. No endless meetings to find the best lender. We’re quick and efficient to get your mortgage moving.

And with 100s of different mortgages at our fingertips, why not let us do the hard work and shop around to find the best mortgage option that works for you? We won’t stop there, we will be right with you every step of the way, to make sure buying your dream home goes smoothly.

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Connecting People & Property Perfectly.

Wilsons Knight Frank specialises in all aspects of the Jersey property market. We provide our clients with unequalled contacts, a trusted experience and an exceptional service, with access to both national and international purchasers through our proven Knight Frank global network. To learn more about this property or to discuss your property needs, please call 01534 877977.

ROZEL BAY | £6,950,000

Steps from the sand, seconds from the sea

Smart, hassle–free investment

Invest in a buy-to-let property with Dandara and you’re guaranteed a return.

What’s more, we’ll take care of absolutely everything else so you can sit back and relax.

By sub-letting your apartment to us for a period of two years, you can enjoy peace of mind knowing that all responsibilities are in our hands. The property comes fully equipped with flooring, blinds, and all necessary white goods, making it move-in ready for tenants.

Here’s how it works: You receive a hassle-free 5% of the sale price paid quarterly in advance for the entire two-year period. Our dedicated in-house team manages all aspects of the property, relieving you of any obligations or concerns.

Additionally, we cover all service charges, ensuring that you incur no additional expenses apart from the initial purchase fees and any income tax obligations. HOW IT WORKS

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