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Apartment 12 rooms in ANNONAY , Ardeche , Rhone Alps

€172,800 (HAI)** £154,777**
Ref: 102445JCI07
french property for sale

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Building to renovate with 12 apartments on 5 floors, shop, cellars, warehouse and attic, situated in Annonay town centre, great investment, 6% gross return.

Price €172 800 (HAI)**
**agency fees included : 8 % TTC to be paid by the buyer
(€160 000 without fees)
Ref 102445JCI07
link to google map MAP
Dept Ardeche
Surface 695 M2* Plot Size 0 M2
Bathroom 12 Bedrooms 20
  • 0-2KM to amenities
  • Town property
  • Village property
  • Apartment
  • Family Home
  • Holiday Home
  • Business potential
  • High speed internet
  • To be renovated
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Print description
drapeau Français Voir l'annonce en français
4 x studios and 8 x 2 bedroom apartments that can be rented out. Extensive renovation obligatory based on established specifications and with application for planning permission. An estimated 56 000 euros of annual rent could be made from the apartments once renovated. Subsidy available (385 860 euros) to help with cost of renovation (1M142 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, East and North
-charming old style property with wooden floors, fireplaces and moulded ceilings
-renovation required includes insulation of walls, ceilings and floors, new double glazed windows, fitted kitchen and complete refurbishment in apartments and communal areas
-gas heating
-high speed internet access (optical fibre expected soon)
-shop of 65m² on ground floor
-car parking available opposite
-garden area planned between buildings to be renovated
-other buildings in Annonay also available, details on request

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

Diagnostic de Performance Energétique

Logement économe

Logement énergivore

Gaz à effet de serre

Faible émission de GES

Forte émission de GES

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Property in copropriété

  • Number of lots: 12
  • Annual charges: 0 €