Studio
Advert Reference: va78036
For Sale By Agent
Agency: Tiana Ravao
This property has been brought to you by Green-Acres
Currency Conversion provided by
Wise
| €80,000 is approximately: | |
| British Pounds: | £66,864 |
| US Dollars: | $89,728 |
| Canadian Dollars: | C$125,384 |
| Australian Dollars: | A$128,032 |
Key Info
- Type: Residential (Apartment)
- Bedrooms: 0
- Habitable Size: 26 m²
Features
- Renovation / Development Potential
Property Description
New listing from Adeline Kostek, We Invest – LILLE FIVES | 26 m² shell unit to fit out | Rental potential
An investment project to shape according to your goals!
Located in the heart of the Lille-Fives neighbourhood, in a small co-ownership of 7 units with no lift, this 26 m² shell unit offers the freedom to design your future rental home.
Sold unfinished, this unit lets you plan the interior layout and choose the finishes.
Several elements have already been completed:
Roofing and timber frame inspection
Flooring
PVC windows and doors
Electric roller shutters
Individual Linky electricity meter
The remaining interior work is yet to be completed.
Sought-after location in the Lille-Fives neighbourhood:
Shopping street and amenities nearby
Fives metro station, a 2-minute walk away
Lille-Europe accessible in two metro stops
The area offers scope to explore a rental project aimed at tenants seeking proximity to public transport and shops.
Based on an acquisition price of €80,000, estimated renovation costs of €20,000 and an anticipated rent of €550 per month, the gross rental yield is 6.60% on the purchase price and renovation costs, excluding additional expenses.
Estimated co-ownership charges are €150 per year, or €12.50 per month.
Looking for a property to fit out and build your real-estate portfolio? Let’s meet!
Adeline Kostek
Agency fees payable by the seller. In a co-ownership of 7 units. Average share of the provisional budget: €150/year. No proceedings are currently underway. Not subject to an Energy Performance Certificate (DPE).
Your We Invest France adviser: Adeline Kostek
Commercial agent (sole proprietorship)
RSAC LILLE.
Currency Conversion provided by
Wise
| €80,000 is approximately: | |
| British Pounds: | £66,864 |
| US Dollars: | $89,728 |
| Canadian Dollars: | C$125,384 |
| Australian Dollars: | A$128,032 |
Location Information
For Sale By Agent
Agency: Tiana Ravao
This property has been brought to you by Green-Acres
Property added to Saved Properties