Description

Investment Property / Family Home with 4 units a dn a garden. Located in Neuvic, in a quiet and green setting, this 172 sq m (1,844 sq ft) property offers a pleasant living environment close to shops, schools, and services.

Situated on a plot of approximately 430 sq m (4,840 sq ft) after subdivision (original plot of 685 sq m / 7,500 sq ft), it presents strong potential, both for a family project and for rental investment.

It comprises 4 independent units in good condition:

- 1 two-bedroom apartment of approximately 80 sq m (861 sq ft) (currently vacant, previously rented for €430/month)
Comprising a fitted kitchen opening onto a terrace, a living room, two bedrooms, a shower room, and a separate toilet.

- 1 furnished studio apartment of 33 sq m (355 sq ft) (rented for €310/month)
Comprising a living room with fitted kitchen, a bedroom, and a shower room with toilet.

- One 35 sq m (377 sq ft) one-bedroom apartment (rented at €320/month)
Comprising a living room with a fully equipped kitchen, a bedroom, and a bathroom with a toilet.

- One 24 sq m (258 sq ft) studio apartment (rented at €290/month)
Comprising a main room with a fully equipped kitchen and a bathroom with a toilet.

Electric radiators are installed in all units.

Current rental income: €920/month (excluding the two-bedroom apartment)
Total rental potential: €1,350/month, or €16,200/year

Current gross yield: approximately 6.5%
Potential gross yield: approximately 9.5%

Outside, you will enjoy a pleasant garden, ideal for enjoying sunny days in a peaceful setting.

A garage completes this property, providing convenient parking and additional storage space.

Ideal for investors, with strong potential for increased rental income.

Don't miss out!

Agency fees including VAT to be paid by the Vendor.

The department of Corrèze is located in south central France, Corrèze belongs to the Limousin region. Correze is the name river running through the department.

The population is around 240,000 inhabitants and is split into three arrondissements (Tulle, Brive and Ussel), 38 cantons and 285 towns and villages. Lanscapes in this department are mountains, plateaus and valleys. The highest mountain is the Mont Bessou at 978m.

Correze has many pretty villages or towns. It has six villages belonging to the ‘Prettiest villages of France’ category, so watch out for Collonges-la-Rouge, Curemonte, Saint-Robert, Ségur-le-Chateau, Treignac and Turenne.

Limousin is often described as one of the cheapest French regions in terms of property. It will depend of course on the location and your personal expectations but in general you get a lot for your money.

Less than 12% of the properties in Correze are second homes but the number is climbing as it is really sought after for quality holiday homes and setting up a B&B style business.

We at Cle France specialise in Property for sale in France through our network of Agents and French Registered High Street Estate Agents. We have sold thousands of houses for sale in France over the years and have helped many find and buy their dream home in France.

We can also help you with everything to do with buying a house in France including getting a mortgage, organising currency exchange, renovation advice, property surveys, planning permission, French translation, opening a bank account and everything to do with French property sales.

All our prices are quoted as FAI (agency fees included) unless otherwise stated and 'notaire' fees are around 7% (on average) but feel free to ask us for an exact amount on any particular French property for sale you are interested in.

Indeed please feel free to use the 'MAKE AN ENQUIRY' tab above to ask us any questions you have about buying a property in France. Our UK based enquiry office and staff will guide you through the entire buying process step by step from your first contact right up to taking ownership and beyond, all free of charge.

So when you buy through Clé France you can be confident that you are paying no more than the standard commission rates you would pay anyway, but you have the added benefit of a bi-lingual support team.

For everything you need to know about French property visit www.clefrance.co.uk