Barn conversion (four new apartments) and two houses 2ha

Reference: 1522/JS111 - 1 Bedroom Resale - €583,000 (Agency fees included)
Location: Mayenne, Bazouge La Chemere

Barn conversion view1

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€583,000 is approximately :

Australian Dollars : $1,146,182

British Pounds : £503,515

Canadian Dollars : $928,336

Hongkong Dollars : $5,704,826

Japanese Yen : ¥68,410,583

New Zealand Dollars : $1,386,555

Swiss Francs : F894,041

US Dollars : $737,348

Please note that these conversions are approximate and for guidance only. They do not constitute sale prices.

For Sale

Pays de la Loire, Mayenne

€583,000

Bedrooms	Habitable	Land Size
1	?	20000m²

This Property is For Sale by Bacchus Immobilier Mayenne

More Images

Highlights

The apartments are totally new and never lived in. A little finishing work is needed. Good rental value or could be re-sold individually
Excellent location, rural outlook but easy distance to major towns
Ideal property for a developer or invester

Description

This is a property for a property developer or invester. Great potential for a good early return on capital. The four apartments are in a barn conversion and there is still spare room to add another two. The apartments are newly converted but need a very small amount of finishing work. They are large enough for family living with two and three bedrooms, modern bathrooms and are spacious with good views. Septic tanks need to be installed and the apartments connected, the present owner estimates to finish all the works ready for letting will be a maximum of 30,000€ using local builders.

In addition, there is a large three bedroom farmhouse, currently with a tenant in residence and attached to this is a range of good outbuildings.
Opposite is a second old house which needs renovation, again good potential for developement.

The apartments will achieve a premium monthly rental income or they could be sold off individually, as could both houses. The land area is over two hectares, in need of cleaning and some landscaping but plentry of space for each property to have a separate garden as well as communal leisure space. There is also a small lake on the land.

Other photos available on request.

Features

Bedrooms: 1
Land Size: 20000 m²
Rural
Outbuildings
Lake
Wood
Double glazing

Condition and Utility Information

Condition - Partially Restored
Roof - New
Drainage - None
Water - Mains
Electricity - Mains