Property Monthly December 2023

Property Monthly

December 2023

Issue No. 212

Stay Connected!

New Year, New Home!

OPEN THE DOOR TO 2024

If you do not wish to receive our magazine, please contact Jersey Post directly on 01534 616616

22

WEB

www.thompsonestates.com

EMAIL

sales@thompsonestates.com

TEL

01534 888855

W E LCO M E T O

Property Monthly Margaret Thompson CEO - Thompson Estates and Fine & Country Jersey With over 30 years of experience, Margaret is highly-respected in the property industry and has gained national recognition as can be seen by the plaques and awards in the Confidential Suite at their offices in King Street. Being discrete where and when required and keeping her clients’ best interests at heart has ensured that Margaret and her team have a loyal clientele who they look after at every stage of the home-buying process.

margaret@thompsonestates.com

+44 1534 679579

Vicky Gurd

Kerry Sinden

Director

Director

+44 7797 798596

+44 7797 825122 kerry@thompsonestates.com

vicky@thompsonestates.com

Chris Sokrati

Mark Grimes

Director

Associate Negotiator

+44 7797 719792 chris@thompsonestates.com

+44 7797 736514 markg@thompsonestates.com

Lettings

Estates

+44 7797 711190

Emily Hacquoil Lettings Negotiator +44 7700 348212 emily@thompsonlettings.com

Kelly Dobin Lettings Negotiator +44 7797 889836 kelly@thompsonlettings.com

Sam Chinn Associate Negotiator +44 7797 896864 sam@thompsonestates.com

F I N E & CO U N T RY

Rebecca Sokrati Director

Kate Ghazi Associate Negotiator

+44 1534 679578 +44 7797 751527

+44 1534 679577 +44 7797 748810

rebecca.sokrati @fineandcountry.com

kate.ghazi @fineandcountry.com

WEB

www.thompsonestates.com

EMAIL

sales@thompsonestates.com

TEL

01534 888855

3

Ask the Negotiator Weathering a Perfect Storm

with Kate Ghazi

In the tumultuous landscape of 2023, the Jersey property industry has weathered a formidable storm of late. From the conveyancers and lawyers to the mortgage outfits and estate agencies, we have all felt the recent financial squeeze stemming from a convergence of UK and local regulatory shifts. This has led to a widespread deceleration in property transactions within the island, particularly in the local sector, as verified by the release of the recent Q3 statistics.

The anticipated uptick in the interest rates from the Bank of England which continued until August 2023, cast a shadow over prospective buyers, prompting a cautious but definite retreat as they faced taking on unpredictable lending. Simultaneously, the introduction of a 3% stamp duty charge on second properties, also caused a downturn within the investment sector of the market.

Vendors, recognising a greater need to stand out, embraced marginal price reductions, whilst the remaining buyers had to still navigate an uneasy path. Even Fine & Country experienced a subtle shift with the High-Value Residents courtesy of the Schedule 5 tax regime being introduced in mid-July, with increased entry levels for houses and apartments and pre-requisite expectations of wealth and liquidity around this.

Meanwhile on the global stage, the Russia-Ukraine war reverberated through many industries, causing oil price fluctuations that rippled into inflation, production costs and of course consumer spending. The ensuing effects on financial markets and investor confidence also slowed the UK economy.

Looking Ahead to 2024 Optimistically we are anticipating that 2024 will bring a lot more positivity and we foresee a surge in new property offerings that will expand the choice for potential buyers here in Jersey. The government’s emphasis on supporting first-time buyers is poised to stimulate more activity, generating momentum that will hopefully impact the broader market. With elements such as the launch of several new developments in Spring, plus the possible increase in the first-time buyer stamp duty threshold (currently in debate) we believe the domino effect from all of these will bring some much-needed confidence back to the property market here.

As one of the island’s longest established estate agents, our enduring expertise positions us as the ideal starting point in these somewhat tricky times. With a broad reach and plenty of knowledge in-house, we stand ready to assist both those seeking to sell and those embarking on the journey of relocation.

Kate Ghazi Associate Negotiator Fine & Country Jersey

07797 748810 01534 679577

The adventure continues into 2024, and we’re here to help navigate the course with you

44

WEB

www.thompsonestates.com

EMAIL

sales@thompsonestates.com

TEL

01534 888855

SOLE AGENT APARTMENT

£298,000

APARTMENT

£305,000

St Helier

1

0

£330,000

APARTMENT

1

0

APARTMENT

1

St Helier RX273836

£345,000

1

St Helier RX273896

£369,000

APARTMENT

1

RX327381

1

St Helier

1

0

APARTMENT

1

0

0

£385,000

1

0

St Helier RX279867

RX300979

Grouville RX290061

£375,000

0

RX288590

APARTMENT

St Helier

£360,000

APARTMENT

1

RX288024

£345,000

APARTMENT

1

St Helier

St Helier RX273816

APARTMENT

2

APARTMENT

1

£315,000

0

APARTMENT

1

1

St John RX285911

£365,000

0

St Helier RX280237

£380,000

APARTMENT

1

RX273879

£345,000

APARTMENT

1

St Helier

1

Trinity RX294622

£395,000

0

St Helier RX333113

WEB

www.thompsonestates.com

APARTMENT

1

£395,000

1

St Helier

sales@thompsonestates.com

EMAIL

£399,000

APARTMENT

1

St Helier

0

RX273922

APARTMENT

1

£405,000

0

St Helier

1

£425,000

1

St Helier RX325550

01534 888855

APARTMENT

2

APARTMENT

1

£410,000

St Helier

0

RX316180

£443,000

HOUSE

2

St Helier

0

5

£400,000

0

RX290321

RX291667

APARTMENT

TEL

St Helier RX293119

GARDEN APARTMENT

1

1

APARTMENT

1

£415,000

St Helier RX312133

£450,000

0

RX294830

Horizon RX290148

SOLE AGENT INVESTMENT ONLY GARDEN APARTMENT

1

0

£455,000

St Helier RX278079

GARDEN APARTMENT

2

£465,000

St Helier

1

RX330219

APARTMENT

2

£475,000

1

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St Helier RX273742

66

WEB

£485,000

APARTMENT

2

www.thompsonestates.com

1

St Helier

APARTMENT

2

3

2

£550,000

St Helier

2

3

£565,000

0

St Helier

HOUSE

2

£550,000

2

2

£585,000

1

St Helier

2

St Helier

APARTMENT

2

£565,000

1

Horizon

1

2

£585,000

1

RX279877

St Saviour RX273897

01534 888855

St Helier RX285945

APARTMENT

2

£550,000

1

St Helier RX273908

APARTMENT

2

£580,000

1

RX290208

BUNGALOW

TEL

£530,000

RX273690

RX288208

APARTMENT

St Helier

APARTMENT

RX273853

RX330227

COTTAGE

sales@thompsonestates.com

£495,000

RX318828

DUPLEX APARTMENT

EMAIL

St Helier RX273601

APARTMENT

2

£625,000

1

St Helier RX281922

SOLE AGENT DUPLEX APARTMENT

2

0

£635,000

HOUSE

£637,000

St Helier RX278084

3

0

St Helier RX332521

WEB

www.thompsonestates.com

£645,000

COTTAGE

3

2

St Helier

EMAIL

sales@thompsonestates.com

APARTMENT BLOCK

5

0

RX312333

HOUSE

2

£695,000

2

St Peter

£650,000

St Helier

TEL

01534 888855

7

APARTMENT

2

£650,000

St Helier

1

RX278047

RX279897

HOUSE

2

£695,000

3

St Saviour

HOUSE

3

£695,000

2

St Brelade

RX273894

RX288355

RX273924

WANTED 4 bedroom house, with garden and parking Funds up to £1,000,000 COTTAGE

3

£695,000

0

St Helier RX294063

APARTMENT

2

£715,000

1

St Saviour RX286287

Please contact Sam for futher information on 07797 896864

88

WEB

www.thompsonestates.com

EMAIL

sales@thompsonestates.com

TEL

01534 888855

FIRST TIME BUYERS HOUSE

4

£725,000

2

DEVELOPMENT

£725,000

Grouville

Gorey Village

RX273704

RX273807

HOUSE

4

£725,000

3

St Saviour RX294465

SEA VIEWS HOUSE

2

£745,000

2

St Peter

£749,000

HOUSE

4

3

RX288366

St Helier

APARTMENT

2

£750,000

2

RX273883

St Helier RX273929

FIRST TIME BUYERS BUNGALOW

3

£789,000

2

St Helier

HOUSE

£795,000

3

2

RX273645

HOUSE

3

£855,000

3

St Peter

3

APARTMENT

2

£860,000

2

St Saviour RX286292

Grouville RX312310

DEVELOPMENT OPPORTUNITY

5

0

£860,000

St Helier RX279895

SOLE AGENT

HOUSE

3

2

£795,000

RX295626

RX288329

SOLE AGENT

St Lawrence

APARTMENT

£875,000

3

St John RX278066

HOUSE

4

£875,000

3

St Helier RX295344

WEB

www.thompsonestates.com

sales@thompsonestates.com

EMAIL

TEL

01534 888855

9

SOLE AGENT APARTMENT

2

£880,000

1

3

£995,000

2

5

£1,075,000

2

5

£1,195,000

3

2

St Saviour RX278075

St Saviour

APARTMENT BLOCK

5

7

RX278064

£995,000 £749,000

APARTMENT

2

2

St Martin

HOUSE

£1,150,000

4

5

St Clement

COTTAGE

3

St Helier

3

£995,000

4

St John RX279874

HOUSE

3

£1,180,000

1

St Saviour RX300817

RX289027

HOUSE

£950,000

RX279902

RX312502

St Clement RX293298

HOUSE

3

St Clement RX273880

HOUSE

£895,000

St Helier RX279886

HOUSE

HOUSE

£1,250,000

4

St Ouen RX273919

SOLE AGENT £1,295,000

APARTMENT

3

2

St Clement RX273903

BARN CONVERSION

4

3

£1,295,000

GRANITE HOME

St Saviour RX273538

4

3

£3,500,000 £1,250,000

St Saviour RX332637

10 10

WEB

HOUSE

3

www.thompsonestates.com

£1,300,000

2

St Martin

HOUSE

4

EMAIL

sales@thompsonestates.com

£1,300,000

4

RX278069

St Saviour

APARTMENT

2

TEL

01534 888855

£1,350,000

2

RX273915

Horizon RX274807

LAST TWO REMAINING BUNGALOW

3

£1,390,000

4

St Martin

FARMSTEAD

4

£1,395,000

10

RX299438

St Lawrence

APARTMENTS

2

2

RX273835

FROM £1,395,000

St Brelade RX273914

NEW DEVELOPMENT HOUSE

4

£1,425,000

4

St John RX273820

HOUSE

4

£1,495,000

4

St Lawrence RX273887

APARTMENTS

3

2

FROM £1,550,000

St Lawrence RX278055

WEB

www.thompsonestates.com

sales@thompsonestates.com

EMAIL

TEL

01534 888855

11

SEAVIEWS PENTHOUSE APARTMENT

3

2

£1,595,000

St Helier

HOUSE

3

£1,650,000

3

RX273850

Pontac

HOUSE

5

£1,650,000

6

RX273842

St Clement RX273736

NON-QUALIFIED HOUSE

3

£1,675,000

2

St Helier

HOUSE

5

£1,685,000

6

RX274808

St Brelade

HOUSE

4

£1,795,000

4

RX273917

St Martin RX273862

NEW DEVELOPMENT GRANITE HOME

5

6

£2,250,000

St Ouen RX293833

HOUSE

4

£2,450,000

6

St Lawrence RX288020

PENTHOUSE APARTMENT

3

3

£2,650,000

St Lawrence RX278058

12 12

WEB

www.thompsonestates.com

EMAIL

sales@thompsonestates.com

01534 888855

£3,250,000

SEASIDE HOME

5

TEL

Grouville

6

RX284056

SPANISH HOLIDAY HOME

4

£4,000,000

Majorca

4

RX299304

Reimagining 5-7 King Street | Community Love SUPPORTING LOCAL BUSINESSES This year, in response to the evolving landscape of the property industry, we embarked on a journey to redefine the role of our King Street offices.

physical space whilst supporting small local business who would never normally have the opportunity to use a High Street shop presence.

After covid we made a commitment to open our High Street offices on Saturday as we recognised the importance of the high street as a cultural and commercial hub. However, this unveiled the stark reality of estate agency habits and although the High Street was very busy our once bustling offices were deathly quiet as an increasingly digital property world.

Now, on Saturday our offices are transformed into a vibrant marketplace where entrepreneurs can showcase and sell their products, providing them with a prominent space and connecting them with customers who might not have discovered their offerings otherwise.

It was on one of these quiet lonely Saturdays that we came up with a great way to breathe life into our

From handmade crafts and artisanal foods to unique fashion pieces and specialty goods, the weekend pop-up shops at Thompson Estates and Fine & Country offer a curated blend of local talent and creativity.

Supporting the backbone of our community of small businesses.

Tech-Clo, Loose n’ Lazy, Sweet Baths co and MyWay Boutique

13

QUALIFIED APARTMENT

1

0

£1,175 pm

St Helier REN051

QUALIFIED

APARTMENT

1

1

0

£1,350 pm

St Helier

APARTMENT

£1,900 pm

1

REN014

QUALIFIED

£1,825 pm

APARTMENT

£1,850 pm

St Helier

3

£2,150 pm

COTTAGE

£1,950 pm

St Clement

2

2

REN042

HOUSE

REN022

£2,200 pm

QUALIFIED

St Brelade

3

2

1

£2,200 pm

Grouville REN002

T: 01534 888 855 E: info@thompsonlettings.com

REN015

2

2

£2,000 pm

St Lawrence REN023

APARTMENT

3

2

£2,200 pm

St Helier REN030

QUALIFIED £3,250 pm

HOUSE

5

APARTMENT

REN028

QUALIFIED

APARTMENT

St Saviour

QUALIFIED

St Helier

1

1

QUALIFIED

QUALIFIED

PENTHOUSE

2

REN013

REN067

St Clement

1

St Helier

1

QUALIFIED

APARTMENT

2

£1,300 pm

0

QUALIFIED

QUALIFIED

2

Rural St Helier

APARTMENT

REN052

REN059

2

£1,300 pm

QUALIFIED

APARTMENT

1

QUALIFIED

QUALIFIED

3

St John REN100

£3,500 pm

HOUSE

5

4

St Lawrence REN062

www.thompsonlettings.com

14

St Lawrence DEVELOPMENT

Les Bardeaux

Prices from ~ £1,785,000

Asking Price ~ £1,950,000 RX289342

This extremely spacious 5 bed/4 bath home in St Lawrence benefits from panoramic south-facing views and is presented in immaculate condition. Notably, it is a 2 generation property with an internal 1 bed unit, and features an expansive garden, double garage and parking for 4-5, with no onward chain.

SEA VIEWS

Portelet Bay

Asking Price ~ £3,300,000 RX279318

Experience luxury in this exquisite 4 bedroom, 4 bathroom duplex penthouse, including breathtaking views of Portlet Bay. Featuring a modern kitchen, spacious open-plan living and dining area, with sliding patio doors to a westerly terrace and south-facing balcony. An owners’ suite with a walk-in wardrobe and private balcony, along with 3 additional bedrooms. Externally 3 secure garage parking spaces, an electric car charging point, lift access to all floors, and the comforts of air cooling and heating.

Trinity

Asking Price ~ £3,550,000 RX279616

This elegant detached 6 bedroom, 6 bathroom home is a stunning masterpiece of modern architecture, designed with both luxury and comfort in mind. The kitchen complete with high-end appliances, and the sitting room both face south offering beautiful views over the garden and terraces. There are 5 double bedrooms located on the 1st floor. The garden is well established with large sun terraces and a beautiful swimming pool and pool house.

TEL: 01534 840022 TEL: 01534 840022

Asking Price ~ £3,500,000 RX279643

St Aubin

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.

Grouville

Asking Price ~ £3,795,000 RX279599

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.

www.fineandcountryjersey.com www.fineandcountryjersey.com

15

SOLE AGENT

St Brelade’s Bay

NO HOUSING QUALIFICATIONS REQUIRED Asking Price ~ £4,250,000 RX279557

This fabulous site is a rare opportunity to build a modern mansion with panoramic sea views in the heart of St Brelade’s Bay. Offering over 12,500 sq.ft of accommodation, the building has been designed with the primary living accommodation & the owner’s suite on the upper levels to best appreciate the views. Other floors offer further guest/ family bedroom suites, a wellness spa, a gym, 2 staff bedrooms, a wine cellar with a tasting lounge & home cinema. An integrated garage for 6 cars allows for personal collections to be showcased, whilst private gardens & terraces make the most of the views. Works can start immediately & the plans are approved in perpetuity

SOLE AGENT

St Mary

Asking Price ~ £6,300,000 RX279488

Asking Price ~ £6,950,000 RX279544

Rare opportunity to own a character home on St Brelade’s Bay’s beachfront, with immense privacy and sea views. Once owned by famed photographer Mdme. Claude Cahun during the German occupation. The property features 6-7 bedrooms, 5 bathrooms, and multiple reception rooms, ideal for a large family or two-generation living. A mature garden offers serenity and bay views, while a potential pool area awaits. Close to Oyster Box Restaurant, Jersey Airport, and other amenities, making it an unparalleled address for history and modern living.

TEL: 01534 840022

A distinguished property exempt from housing qualifications - open to all, creating a unique opportunity for those seeking a home in this captivating island that offers sandy beaches, a low crime rate, an excellent education system and Michelin Star restaurants. Spanning an impressive 6,000 sq. ft., this Grade 3 Listed Manor House boasts a flawless blend of historic charm and modern luxury. Well maintained, the residence features two reception rooms, a stunning orangery with garden views, a dining room, study, utility room, and a spacious games room on the lower level. To the front of the house is a secure, mature garden with large terraces for entertaining, a double garage and parking.

SOLE AGENT

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.

St Brelade’s Bay

Offers in the Region of ~ £5,000,000 RX294659

St Peter

Asking Price ~ £6,500,000 RX279449

St Mary

This stylish six-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 includes a granite annexe with a gym and a detached three-car garage, conveniently close to the airport and private school.

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.

www.fineandcountryjersey.com

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