November 2019

Property Monthly

Nov/Dec 2019

Issue No. 182

Stay Connected!

A Dazzling Mansion in the Moonlight See Page 19

by

RES129

ST AUBIN - ASKING PRICE ÂŁ2,850,000

In the heart of St Aubin

Nestled in a private pocket of St Aubin, just off the cobbled high street, sits this renovated 5 bedroom character property. Although only a short walk to thriving restaurants and cafes within the fishing harbour, the premises and its surroundings represent that of pure tranquility as the plot is encompassed by mature woodland. Combining both traditional and contemporary design, this truly special property is a rare and wonderful gem, the opportunity to view should not be missed...

WEB

www.thompsonestates.com

EMAIL

sales@thompsonestates.com

TEL

BRAND NEW CAREER

ARE YOU AN EXPERIENCED SALESPERSON? CRAVING A CHANGE? JOIN OUR DYNAMIC TEAM! This role will be on a comission only basis so the right applicant must be self motivated and enthusiatic.

You will need 5 years residency, a clean driving license and your own transport.

Contact Kerry Phillips in confidence on 07797 825122 or email kerry@thompsonestates.com

FIRST TIME BUYER

SHARE TRANSFER

FLYING FREEHOLD

£239,000

APARTMENT

£365,000

APARTMENT

St Helier

2

1

0

RES180

NEW & SOLE

FLYING FREEHOLD

£285,000

APARTMENT

St Helier

1

1

1

RES027

St Helier

2

1

1

RES069

01534 888855

3

4

WEB

INVESTMENT ONLY

www.thompsonestates.com

EMAIL

sales@thompsonestates.com

NEW & SOLE

SHARE TRANSFER

£385,000

APARTMENT

St Helier

2

1

1

RES031

NEW & SOLE

FREEHOLD

£395,000

COTTAGE

St Peter

2

1

1

RES029

LAST REMAINING

FLYING FREEHOLD APARTMENT-CHURCH CONVERSION

£399,000 St Helier

2

2

0

RES183

FREEHOLD

SHARE TRANSFER

£399,950

TOWN MEWS

£469,000

APARTMENT

St Helier

3

1

0

RES128

St Helier

2

2

1

RES026

TEL

01534 888855

WEB

www.thompsonestates.com

EMAIL

sales@thompsonestates.com

TEL

01534 888855

FIRST TIME BUYER

FREEHOLD

£565,000

TERRACED HOUSE

St Helier

3

2

3

RES201

5 APARTMENTS AVAILABLE

FLYING FREEHOLD

£595,000

APARTMENT

St Helier

2

2

2

RES151

NEW & SOLE

FREEHOLD SEMI-DETACHED HOUSE

£605,000 St Saviour

3

1

3

Appreciating every detail.

RES003

For such an important transaction as a purchase or sale of your property, instructing a lawyer should never be an afterthought.

Experts get it right first time and appreciate every detail.

To discuss your future property needs call a member of our property department on 480482.

Reception 01534 480480 Email property@boisbois.com Explore boisbois.com

4 Bond Street St Helier Jersey JE4 5QR

5

6

WEB

www.thompsonestates.com

EMAIL

sales@thompsonestates.com

SOLE

FREEHOLD SEMI-DETACHED HOUSE

£625,000 St John

4

2

3

RES041

NEW & SOLE

SHARE TRANSFER

£675,000

APARTMENT

Grouville

2

2

2

RES037

FREEHOLD

FREEHOLD

£675,000

DETACHED HOUSE

SEMI-DETACHED HOUSE

St Brelade

3

2

5

RES080

FLYING FREEHOLD PENTHOUSE APARTMENTS

£695,000 St Helier

2

2

2

RES158

£695,000 St Saviour

4

2

2

RES016

TEL

01534 888855

www.thompsonestates.com

WEB

EMAIL

sales@thompsonestates.com

TEL

01534 888855

NEW

FREEHOLD

£675,000

TERRACED HOUSE

Trinity

3

2

2

RES012

NEW & SOLE

FREEHOLD

£795,000

BUNGALOW

St Martin

3

1

5

RES024

Call 888855 for a free verbal valuation

• 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

7

8

WEB

www.thompsonestates.com

£960,000

DETACHED HOUSE

3

6

RES044

£1,175,000

APARTMENT

FREEHOLD GRANITE RESIDENCE

£1,275,000 St John

3

6

RES127

NEW

FREEHOLD

£1,295,000

DETACHED HOUSE

St Lawrence

4

3

10

RES038

3

01534 888855

£1,290,000

DETACHED HOUSE

St Brelade’s Bay

3

TEL

FREEHOLD

St Clement

5

sales@thompsonestates.com

SHARE TRANSFER

FREEHOLD

4

EMAIL

3

RES094

Rural St Helier

4

3

7

RES100

WEB

www.thompsonestates.com

EMAIL

sales@thompsonestates.com

TEL

01534 888855

NEW & SOLE

FREEHOLD

£1,475,000

DETACHED HOUSE

St John

5

3

6

RES040

NEW

FREEHOLD

£1,495,000

DETACHED HOUSE

St Saviour

5

4

14

RES013

WHY RENT WHEN YOU CAN BUY YOUR HOME WITH A 5% DEPOSIT Contact Paul Winteridge on: Telephone 744900 Email paul@octagonfinance.co.uk New office De La Poste House, 59 King Street, St Helier

octagonfinance.co.uk

A new dimension in finance

9

10

WEB

www.thompsonestates.com

EMAIL

sales@thompsonestates.com

TEL

01534 888855

FREEHOLD

£1,595,000

DETACHED HOUSE

St Martin

6

3

10

RES176

FREEHOLD

£1,625,000

DETACHED HOUSE

Grouville

4

4

15

RES007

FREEHOLD

FREEHOLD

SEMI-DETACHED HOUSE

£1,695,000

GRANITE RESIDENCE

St Martin

5

4

14

St Lawrence

4

RES010

FREEHOLD

3

8

FREEHOLD

£1,845,000

DETACHED HOUSE

£1,850,000

DETACHED HOUSE

St Helier

4

£1,825,000

3

4

RES137

Gorey

4

4

4

RES111

Don’t get lost in the jungle of business Clear the path to your desk by engaging Accountable to carry out: Payroll + States returns, including GST + Debtor chasing Cashflow Management + Tax Retuns + Bookkeeping To find out more, please call Sol Thacker on 832 899 or email sol@accountable.je

Come and see us in our new office: First floor, De La Poste House, 59 King Street, St Helier JE2 4WE

accountable.je

RES017

WEB

www.thompsonestates.com

EMAIL

sales@thompsonestates.com

TEL

01534 888855

11

FREEHOLD LUXURY TOWNHOUSE

£1,925,000 St Aubin

3

3

2

RES132

NEW

FREEHOLD

£1,950,000

APARTMENTHOUSE DETACHED

St Brelade

4

3

5+

RES028

FREEHOLD

FREEHOLD

£2,150,000

DETACHED HOUSE

FREEHOLD

£2,250,000

DETACHED HOUSE

St Lawrence

7

4

10

RES018

£2,500,000

DETACHED HOUSE

Bonne Nuit Bay

5

Meet the friendly and professional team for your new home.

4

5

RES051

Rural St Helier

4

4

10

RES103

Visit us at 9 Waterloo Street, St Helier, Jersey, JE2 4WT.

Visit our friendly mortgage team to find out how we can help you, call on 509501. www.skiptoninternational.com Skipton is licensed by the Guernsey Financial Services Commission. Skipton abides by the Jersey Code of Practice for Consumer Lending. To help maintain service and quality, telephone calls may be recorded and monitored.

12

WEB

www.thompsonestates.com

FREEHOLD

£2,350,000

DETACHED HOUSE

St Ouen

6

4

15

RES005

FREEHOLD

£2,695,000

FARMSTEAD

St Martin

5

2

12

RES043

NEW

FREEHOLD

£2,995,000

DETACHED HOUSE

Rural St Helier

4

3

30

RES055

EMAIL

sales@thompsonestates.com

TEL

01534 888855

WEB

www.thompsonestates.com

EMAIL

sales@thompsonestates.com

TEL

01534 888855

NEW & SOLE

FREEHOLD

£2,850,000

DETACHED HOUSE

Heart of St Aubin

5

4

3

RES129

Introducing our new team at

Victoria Markland Associate Negotiator tel. +(44) 1534 707923 mob. +(44) 7912 480148

Margaret Thompson CEO tel. +(44) 1534 707910 mob. +(44) 7797 711190

Rebecca Sokrati Director tel. +(44) 1534 707903 mob. +(44) 7797 751527

13

10/2019

At its September meeting, the Monetary Policy Committee of the Bank of England signalled that prolonged Brexit uncertainty will keep interest rates lower for longer... ...and that the UK would avoid falling into recession this year, but that Brexit and trade worries were weighing on the economy. Recession isn’t a word that we have heard for a few years now, although many say that we usually have one every ten years, so the next could be about due!

RECESSION? Sadly, the events of summer 2008 where house prices were rising out of control are not dissimilar to what we have again witnessed during the past twelve months in the local property market. So, perhaps another recession could do some good after all.

At the start of the previous recession, Base Rate stood at 5.50% (December 2007) and then fell during the course of 15 months to 0.50% (March 2009).

Now pegged at only 0.75%, there will not be the same flexibility this time around, as rates are close to rock bottom already. Although, the Bank has warned that Base Rate could move in either direction following Brexit.

EXIT FROM THE EU - THE AFTERMATH In the event of Britain exiting the EU in an orderly fashion, should such a thing be possible following the extraordinary events at the end of September, we are all likely, whether living offshore in the Channel Islands or onshore in the UK, to experience challenging times. With rising prices of food and services and the possibility of falling house prices, the country will try to re-establish itself as the economy begins to gather pace again, and new trade agreements with the United States and other countries start to kick in.

The Best Rates...

Pick of the Bunch

RECESSION? In a recently published report, the Fiscal Policy Panel, which

(% loan to property value/price)

60%

Tracker

1.49%

60%

2 year fixed

1.50%

60%

5 year fixed

1.81%

60%

10 year fixed

2.74%

85%

Tracker

1.74%

85%

3 year fixed

1.99%

85%

5 year fixed

2.09%

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

comprises a team of independent economists, has suggested that Jersey House prices could fall by 5% in 2020 and then show slow growth from 2020 to 2021. This is an interesting observation, although does it take into account the ever-prevailing law of demand over supply?

COST OF LIVING The Bank of England, uses the Cost of Living as an important

guide to monitor Base Rate – once this starts to rise, then interest rates will rise as well. Although, the Bank and their new Governor, due to be appointed before year end, will have a difficult task ahead of them, making sure that Base Rate doesn’t rise too quickly, as this will surely have a detrimental effect on the country’s frail economy.

Best advice if taking on a mortgage? Consider a tracker rate for two years if you can afford to pay more in the event of a rate increase. Or a five-year fixed option, or possibly longer, if the rate is below 2%, if you are looking for total stability.

Why not consult The Mortgage Shop – we’ve been helping clients for nearly 30 years and have a pretty good handle on what the market has to offer.

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

16

Lettings

QUALIFIED

QUALIFIED

£1,450 pm

APARTMENT

QUALIFIED

£1,950 pm

APARTMENT

St Brelade

2

2

2

REN012

QUALIFIED

2

2

2

£3,400 pm

2

5

REN025

St Clement

3

3

2

£4,250 pm

APARTMENT

£4,500 pm

HOUSE

St Clement

2

REN020

QUALIFIED

St Martin

3

REN067

QUALIFIED

HOUSE

£2,750 pm

APARTMENT

Gorey

2

2

REN005

St Brelade

4

4

6

REN077

Studios.

Apartments.

Luxury Houses.

Our lettings & management have got it covered.

Call Us: 01534 888855 Or Email: info@thompsonlettings.com

www.thompsonlettings.com Lettings

16

JERSEY

Trinity

Prices From ~ £1,550,000 - £2,650,000 – FC046 - NEW DEVELOPMENT

FREEHOLD.This brand-new development of only 4 executive family homes is due for completion in summer, 2020. Using only the finest materials with the most up to date technology and with no expense spared throughout the development, this small exclusive close will be one of the very best additions to the residential property market in some time.

Ranging in size from 3,145 sq ft to 4,184 sq ft the 4/5 bedroom homes are all independently designed and offer incredibly generous and well-proportioned accommodation.

Situated in the central parish of Trinity offering very easy access into St Helier, the main schools, Jersey airport and with coastal cliff path walks almost on your doorstep.

Gorey

Prices From ~ £2,650,000 - £2,850,000 – FC080 - NEW DEVELOPMENT

FREEHOLD.Vantage is a brand-new collection of 3 exclusively designed homes with a captivating blend of modern convenience and elegant luxury. Each house offers unparalleled detail, expansive layouts, direct lift access and private outdoor terraces with breath-taking sea views of Gorey and beyond.

With spacious living areas, two guest suites and a stunning top floor master suite, Vantage offers the best of contemporary living while still complementing the natural beauty of Jersey’s east coast.

Each home is an extension of its natural environment, welcoming coastal breezes and panoramic views both inside and out.The reception rooms at Vantage are spacious and drenched in coastal light with floor-to-ceiling windows that invite the sea air inside.

TEL: 01534 840022

www.fineandcountryjersey.com

17

JERSEY

St Brelade

Asking Price ~ £2,100,000 FC010

St Peter

Asking Price ~ £2,495,000 FC007 - NEW

FREEHOLD. Enjoy one of the most beautiful sea views in Jersey as well as magnificent sunsets every night from this enormous plot located just above the special Petit Port Bay. Currently a detached bungalow situated on exceptional grounds, the opportunity to create your dream home in one of the best West Coast locations, should not be missed!

FREEHOLD.This elegant Victorian residence is approached via its own gravel driveway, within large established grounds situated close to the top of Old Beaumont Hill. It benefits from a private pathway leading down to the beach and restaurants. St Peter’s Village isonly a short drive away with its local amenities.

• Opportunity to create sizable contemporary home (Subject to planning).

• Panoramic views across St Ouen’s Bay. • Arguably one of the best sunset locations on the island!

• Parking for 10 cars.

• Period property in beautiful location.

• 6 Bedrooms and 3 bathrooms.

• Spectacular sea views over St Aubin’s Bay. • Large grounds and swimming pool.

Grouville

St Peter

Asking Price ~ £3,650,000 FC008 - NEW

Asking Price ~ £3,700,000 FC063

FREEHOLD. Built for a family, boasting 6 bedrooms in the main house with a pool house and guest flat over the garage, La Rochelle doesn’t disappoint and delivers on many expectations.The elevated position of the house allows for far-reaching countryside views of Grouville.

NON-QUALIFIED.The Oaks Manor House is located in the heart of St Peter’s Village within walking distance of local amenities, close to the airport, Gama Aviation and St George’s Preparatory School. A substantial Manor House of some 6,000sq.ft. that is found in impressive walk-in condition of an extremely high standard.

• Beautifully restored period property.

• 5 Bedroom main house with separate guest accommodation.

• Heated swimming pool and lovely landscaped gardens.

• Commanding sea views with gated entrance, double garage and ample parking.

• Move to Jersey Immediately.

• No Housing Qualifications Required.

• Elegant Georgian Home.

• Carriage driveway and mature gardens.

TEL: 01534 840022

www.fineandcountryjersey.com

18

JERSEY

St Brelade

Asking Price ~ £3,950,000 FC020

St Saviour

Asking Price ~ £6,950,000 FC060

FREEHOLD. This unique, 4,300sq.ft detached property is located in a quiet, picturesque area above Ouaisne, boasting lovely sea views over St Brelade’s Bay. Approached through electric gates, this beautifully renovated home is presented in absolute walk-in condition, with high quality finishing’s throughout.

FREEHOLD. This gorgeous country estate, Maufant Manor stands in an unspoilt rural part of the parish of St Saviour. In recent years the house has been the subject of a most comprehensive and sensitive modernization and improvement to provide a very beautiful and desirable character filled family home.

• Stunning home finished to the highest standards.

• 4 Bedroom suites.

• Landscaped garden and heated pool.

• Ample parking and integral double garage.

• Accessed via electric gates and a tree lined driveway.

• Full of charm and character.

• Huge main residence and ample guest accommodation.

• Circa 33 acres of gorgeous grounds.

St Brelade

St Brelade

Asking Price ~ £6,995,000 FC075

FREEHOLD. This magnificent 5 bedroom property was completed in 2012, with exceptional design and attention to detail. Providing over 6,000 sq.ft the property is currently laid out with 3 bedroom suites on the ground floor and the first floor providing a sensational master suite with lounge areas and private balconies.

• Ultra high end finishes throughout.

• Butlers kitchen, utility room, gymnasium, cinema room plus galleries office/study.

• Wonderful swimming pool and manicured gardens.

• Double garage and ample parking

Asking Price ~ £7,500,000 FC023 - SOLE AGENT

FREEHOLD. Undeniably one of the finest luxury mansions on the South Coast, the Windward Estate is a magnificent coastal retreat offering a unique opportunity to acquire a spectacular newly built mansion at ‘Shell & Core’ stage.

• Arranged over 4 floors with 5 bedrooms, multiple reception rooms.

• There is a substantial leisure complex, including a wine store, home cinema, gym & swimming pool.

• Over 14,000 sq.ft, with incredible views over St Brelade’s Bay. • Approached through a private gated entrance and surrounded by expansive front and rear gardens.

TEL: 01534 840022

www.fineandcountryjersey.com

19

JERSEY

St Ouen

Asking Price ~ £3,995,000 FC030

FREEHOLD. Site with plans for a modern minimalist house of some 12,000sq. ft, plus a 2,000sq.ft bungalow in an elevated position on the west coast of Jersey.

With spectacular all round views, the house has been designed to blend inside and outside with the concepts of providing exceptional entertaining and living space.

• Exceptionally large grounds of over 4 acres.

• 10 Bedroom house with a home office, gym, multiple reception rooms.

• Triple car garage and an infinity pool.

• Just a short drive away are Les Mielles Golf Course & Jersey Airport.

St Peter

St John

Asking Price ~ £4,995,000 FC003

FREEHOLD. This impressive home of circa 12,000sq.ft with a separate 2 bedroom cottage is one of the finest country estates in Jersey, and is located in the most idyllic rural position surrounded by countryside as far as the eye can see.

• Modern 8 bedroom country estate.

• Beautiful tree lined driveway approach.

• Separate 2 bedroom staff/guest cottage.

• 12 Acres of stunning land and swimming pool.

POA – FC077 - NEW

FREEHOLD. This magnificent manor home is approached via a long tree lined driveway, and has been built to offer circa 24,425 sq.ft of luxurious accommodation.

The primary residence has 8 superb bedroom suites and vast reception rooms with notably high ceilings, a truly incredible 95ft kitchen/living space which opens to an orangery, together with a leisure wing that is perfectly placed for entertaining and gym facilities. The spacious, detached secondary house is ideal for a family member or staff, whilst the detached pool house offers a further 1,803 sq.ft. of flexible use.

Externally, the 16.5 acre (circa 65 vergees) of grounds include fields, beautiful landscaped gardens, heated swimming pool, extensive terraces, garaging, equestrian facilities - with further scope to expand subject to permissions.

Magnolia Manor is without question, the most uncompromising and impressive home that has been constructed in Jersey within recent years.

• An impressive 8 bedroom manor, 24,425s.ft in total.

• Includes cinema room, office, extensive gymnasium, the biggest kitchen in Jersey including computer bar & utility room.

• There is a sauna and wet room, wine store, guest cloakroom and shower for pool and dining room.

• Heated swimming pool.

• Gated entrance and beautifully manicured grounds.

TEL: 01534 840022

www.fineandcountryjersey.com