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French property for sale in Bourganeuf, Creuse, Limousin, France: Investment income/opportunity by the French estate agents with reference: 7696SA23
Investment income/opportunity
Bourganeuf(France/Limousin/Creuse)
 
 Asking price:  €172,800
approx.  £ 139,968
  approx. US$ 217,728
 
 Ref:  7696SA23
 Town:  Bourganeuf
 Department:  Creuse (23)
 
 
 Land (approx m²)  2,319
 Condition  Land
 Bedrooms:  9
 Bathrooms:  4
......
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Steve Ascott, Independent Agent, says:

This property consists of four apartments, eleven lock up garages and a building plot of 1050 M2.The rental income would be somewhere in the region of 20,000€ per annum when fully let without taking into account the building plot which may be sold seperately.
Currently two of the apartments are let and six of the garages.

The property needs some refurbishment but could be the answer to your income needs in France!
Situated on the outskirts of Bourganeuf overlooking open countryside and adjacent to the golf course, this property is convenient to all services and should not pose any problem in finding suitable tenants.
There is also some development potential as there is the possibility of converting the largest of the upstairs flats into two as it has the benefit of a front and rear entrance, this would enhance the earning potential. Also there is a massive attic space which also lends itself to conversion. Not forgetting the building plot which overlooks open countryside and the golf course.
At present there is on the ground floor a three bedroom (occupied) and a one bedroom. On the first floor there is a three bed and a two bed (occupied) .
The building itself appears to be in good condition structurally and there are eleven purpose built lock up garages to the rear, some of which are double length.
This is a rare opportunity and at a realistic price for an investment that you could live on for the rest of your life.
en français
MORTGAGE: €878/month*
 

French property and houses for sale in France by the French estate agents
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Or +33 553 608 488 ( Other country )


Head Office: Maison de Chapitre, Route de Riberac, 24340 La Rochebeaucourt, FRANCE
* + deposit + fees -- ask for details (This example = 20 years fixed rate mortgage at 5.50% TEG, with 20% deposit)

Property or houses for sale in France by the French estate agents

RCS Périgueux B 434 086 930 N� de TVA FR 09434086930 Selon la loi du 2 janvier 1970, cartes professionnelles TI N� 361 délivrées par la Préfecture de la Dordogne Adhérent N� 23420 G à la Caisse de Garantie de la F.N.A.I.M. 89 rue de la Boètie 75008 Paris

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