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Within a week of his flat hitting the market, he accepted a cash offer for £186,000 and pocketed a 15 grand return to put down on their new place.
So what are their new priorities? They want to upgrade to a 3 bedroom house and know that now’s the time to do it. Because he works in the island’s construction industry, Nick’s got his professional ear to the ground and he’s heard that with the planned relaxation of Jersey’s housing restrictions there’ll be hundreds of affordable new flats going up, so he and his girlfriend Katrina have sold up and cashed in. They’ve read the local market well and worked out that there will be more competition in the future - so by selling now they should be able to maximise his investment.
Their budget is 390 thousand pounds, and for that, they want a big kitchen, a garage and plenty of space to grow.
So, two couples. Nick and Katrina have a budget of £390,000 in Jersey and the Fossetts have a budget of £700,000 in Warwickshire.
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