Investment Property
3
Beds
2
Baths
Habitable Size:
177 m²
Land Size:
0 m²
Region: Limousin
Department: Haute-Vienne (87)
Commune: Bellac (87300)
Advert Reference: 1488
For Sale By Agent
Agency: Reactive Immo
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Currency Conversion provided by
Wise
| €55,000 is approximately: | |
| British Pounds: | £46,750 |
| US Dollars: | $58,850 |
| Canadian Dollars: | C$80,850 |
| Australian Dollars: | A$90,750 |
Key Info
Advert Reference: 1488
- Type: Residential (Apartment), Business (Apartment Building / Block Of Flats), Investment Property
- Bedrooms: 3
- Bath/ Shower Rooms: 2
- Habitable Size: 177 m²
- Land Size: 0 m²
Highlights
- Year of Construction: 1930
Features
- Air Conditioning
- Cellar(s) / Wine Cellar(s)
- Gîte(s) / Annexe(s)
- Rental / Gîte Potential
- Terrace(s) / Patio(s)
Property Description
REF 1488 In the heart of Bellac, close to all amenities, we offer an investment property. The ground floor comprises a commercial space with a workshop. The first floor includes a kitchen, office, bedroom, shower room, and toilet. The second floor features two bedrooms, an office, a kitchen, and a shower room. There is also an attic suitable for conversion. We estimate €70,000 in renovation costs to create two apartments: a two-bedroom apartment (rentable at €450 per month) on the first floor and a three-bedroom apartment (rentable at €550 per month) on the second floor. Estimated annual rental income: €16,200.
Renovated commercial space rentable at €350 per month.
Gross yield: 12.4%.
Currency Conversion provided by
Wise
| €55,000 is approximately: | |
| British Pounds: | £46,750 |
| US Dollars: | $58,850 |
| Canadian Dollars: | C$80,850 |
| Australian Dollars: | A$90,750 |
Location Information
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