Investment Property

3 Beds
2 Baths
Habitable Size: 177 m²
Land Size: 0 m²
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€55,000

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Region: Limousin Department: Haute-Vienne (87) Commune: Bellac (87300)

Advert Reference: 1488

For Sale By Agent

Agency: Reactive Immo Reactive Immo View Agency Find more properties from this Agent
Wise 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
Please note that these conversions are approximate and for guidance only and do not constitute sale prices. To find out more about currency exchange, please visit our Currency Exchange Guide.
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Key Info

  • 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 has two bedrooms, an office, a kitchen, and a shower room. There is also an attic suitable for conversion. We estimate EUR70,000 in renovation costs to create two apartments: a two-bedroom apartment (rentable at EUR450/month) on the first floor and a three-bedroom apartment (rentable at EUR550/month) on the second floor, with an estimated annual rental income of EUR16,200. Renovated premises available for rent at 350? Gross profitability of 12.4%.

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The information displayed about this property comprises a property advertisement which has been supplied by Reactive Immo and does not constitute property particulars. View our full disclaimer.

€55,000

Wise 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
Please note that these conversions are approximate and for guidance only and do not constitute sale prices. To find out more about currency exchange, please visit our Currency Exchange Guide.
Make an Enquiry Print this Page Save

Location Information

Haute-Vienne (87), Limousin
Region: Limousin Department: Haute-Vienne (87) Commune: Bellac (87300) Location: bellac View Large Map

For Sale By Agent

Agency: Reactive Immo Reactive Immo View Agency Find more properties from this Agent

Partner Services

Wise

Property added to Saved Properties

Visit https://www.french-property.com/sale-property/1668-1488 to make an enquiry