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House in ANNONAY , Ardeche , Rhone Alps

€71,500 (HAI)** £64,457**
Ref: 102443JCI07
french property for sale

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Building to renovate in Annonay town centre, ideal for investor, 6.2% gross return.

Price €71 500 (HAI)**
**agency fees included : 10 % TTC to be paid by the buyer
(€65 000 without fees)
Ref 102443JCI07
link to google map MAP
Dept Ardeche
Surface 160 M2* Plot Size 0 M2
Bathroom 3 Bedrooms 3
  • 0-2KM to amenities
  • Town property
  • Village property
  • House
  • Family Home
  • Holiday Home
  • Business potential
  • Garage
  • High speed internet
  • Private parking
  • To be renovated
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Print description
drapeau Français Voir l'annonce en français
Building with 4 floors including a shop of 23m² with mezzanine on ground floor and a garage of 26m². Potential annual rent 14 940 euros for 3 apartments of about 61m² (without counting the shop) once renovated. Estimated cost of obligatory renovation: 268 440 euros. Subsidy available: 103 284 euros. Contacts available for coordination of renovation work, rental management and building management. Project part of ambitious urban regeneration programme involving an investment of 20 million euros. Read more ...

Features of building:
-facing West and East
-charming old style property with wooden floors and fireplaces
-renovation required includes insulation of walls, ceilings and floors, new double glazed windows, new staircase, adjustment of height of ceilings, fitted kitchen, electricity, gas, ventilation and complete refurbishment in apartments and communal areas
-gas heating
-high speed internet access (optical fibre expected soon)
-garden area planned between buildings - town will demolish part of building that is damaged, at back, to create space for garden
-other buildings in Annonay also available, details on request
-land tax currently 2021 euros
-plans of floors available on request
-possibility of transforming shop into bicycle storage room

Some information on Annonay:
-17 000 inhabitants and growing (+4.3% between 2015 and 2017)
-economic capital of the Ardeche area and main source of employment
-3220 companies representing 13 200 salaried workers
-8 kms/20 minutes from Peaugres Safari Park
-13 kms/20 minutes from Pilat natural regional park
-45 kms/50 minutes from Vienne, famous for its Jazz Festival and Roman amphitheatre
-50 kms/1 hour from TGV station in Valence
-75 kms/1 hour 15 from Lyon city centre
-90 kms/1 hour 20 from Lyon Saint Exupery Airport
-350m from coach station for public transport to Lyon, Valence or St Etienne

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Property in copropriété

  • Number of lots: 3
  • Annual charges: 0 €