We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · JE3 9FP
For saleListed 400 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Luxurious new development in a prime beachfront location. Description Experience luxury coastal living at 'The Waves'- an extraordinary development of nine high-specification sea-front apartments.
Situated in Grouville, the apartments benefit from direct beach access and uninterrupted sea views.
Designed for modern living, the apartments feature expansive living areas, all illuminated with chrome LED downlights that add a contemporary touch.
The kitchens are fully fitted, featuring solid worktops, a stainless steel oven, combination microwave, ceramic hob and extractor hood.
Integrated appliances include an integrated fridge/freezer and dishwasher.
The bathrooms are finished with ceramic wall and floor tiles, Duravait sanitary ware and fitted furniture, thermostatically controlled showers and bath mixers, electric heated towel rails and large mirrors that enhance the sense of space and light.
Large terraces and balconies overlook the beach, offering stunning sea views and an ideal setting for outdoor living.
The apartments benefit from allocated parking spaces and visitor parking in a secure underground garage.
The development also features dedicated charge points for electric cars and a range of communal amenities such as a gym, landscaped garden, bike store and bin store.
The manager's office is also located on-site, providing support and oversight for the development.
Adding to its appeal, the developer is currently offering to cover 3% stamp duty, making this a fantastic opportunity for investors or buyers seeking a premium coastal home with added value.
Location Set in a prime coastal location, the development enjoys all the charm and convenience of Grouville- beautifully arranged around Keppel Tower 2, embracing the history and natural beauty of the shoreline.
Just a 30-minute stroll along the beachfront leads to the renowned Royal Jersey Golf Club, offering a unique golfing experience with scenic views.
Further along the bay is Gorey Village and Harbour, home to a selection of quaint, local restaurants, cafes and pubs. Overlooking the harbour is the striking landmark of Mont Orgueil Castle.
The development is also well-connected with a regular bus service along the coast, providing easy access to St. Helier.
Square Footage: 1,122 sq ft Additional Info Mains water Mains drains Double glazed windows Underfloor heating system Satellite, smart network and data network Lift access to Elizabeth House, Conway House and Keppel House Allocated parking spaces
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
.png)
FAQ
About The Waves, Grouville
Explore nearby