Investment property – 3 let flats – Lamalou-les-Bains town centre

In the heart of Lamalou-les-Bains, within walking distance of shops, services, thermal baths and local amenities, discover this fully let investment property, comprising three self-contained flats offering excellent rental stability. Built over two floors, the property offers approximately 156 m² of living space and comprises a single-storey two-bedroom flat suitable for people with reduced mobility, a two-bedroom flat with a covered terrace, and a two-bedroom duplex flat with a private garage. The tenants have been in place for many years, guaranteeing a steady income and hassle-free management. The roof has just been completely re-tiled, the façade is in very good condition and the building has always been carefully maintained. The property also features a private courtyard for easy parking, as well as cellars for storage.
Current annual rental income: €15,240
Rented property, new roof, secure investment.

LAYOUT :

1: Single-storey two-bedroom flat – Ground floor (58.70 m²)
Entrance via a hallway leading to the rooms
Separate kitchen
Living room
Two bedrooms
Bathroom
Separate toilet
Flat suitable for people with reduced mobility
Double-glazed PVC windows
Town gas central heating
Tenancy agreement in place since 2005
Rent: €480 excluding service charges per month

2: Two-bedroom flat with covered terrace – 1st floor (58.96 m²)
Hallway leading to rooms
Separate kitchen
Living room
Two bedrooms
Bathroom
Separate toilet
Covered terrace
Double-glazed PVC windows
Mains gas central heating
Tenancy agreement in place since 1993
Rent: €370 excluding service charges per month

3: Two-bedroom duplex flat with garage – Ground floor and first floor (38.53 m²)
Living room with kitchen area
Bedroom upstairs
Shower room
Separate toilet
Private garage (17.50 m²)
Double-glazed PVC windows
Electric heating
Tenancy agreement in place since June 2024
Rent: €420 per month, including €10 towards service charges

Key features:
Fully let building
Existing and loyal tenants
Recently re-roofed
Facade in very good condition
Separate entrances for each flat
Private courtyard
Storage cellars
Town centre within walking distance
Simplified management thanks to the building being fully let
Lamalou-les-Bains: a sought-after town

Renowned for its spa and quality of life, Lamalou-les-Bains attracts numerous visitors and spa guests every year. Nestled at the foot of the Haut-Languedoc Regional Nature Park, the town offers a pleasant living environment, a vibrant high street, local amenities and a wide range of leisure activities. Its enduring appeal contributes to sustained demand for rental properties and helps maintain the property values of the buildings.

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Information about risks to which this property is exposed is available on the Géorisques website : https://www.georisques.gouv.fr