The building is a house divided into shared accommodation (6 large studios) in order to optimize profitability which is greater than 10%. The house is made up of 6 fully furnished rooms/studios. There are 3 floors, on each floor there are 2 bedrooms and a bathroom (6 studios plus 3 bathrooms in total). The studios are between 19 and 22 m².

On the ground floor, tenants have a fully equipped kitchen, a lounge area, a dining room, an outdoor terrace and a laundry room with washing machine.

The 2024 rents represent 2,500/month or 30,000 per year, which gives us a profitability of 10.00% gross. Perfect for a rental investment with high cash flow generation.

Gas boiler for the kitchen plus heating in the bedrooms.

Electricity for hot water.

The 2023 energy bill = 3,640 (which is deductible from rental income) In the very center of Bethune, 10 minutes by car from the IUT, less than 10 minutes on foot from the train station, and 1 minute from the main square on foot, the location allows for strong rental demand.

The entire common area (kitchen, dining room, laundry room, bathroom, etc.) was renovated during the summer of 2021, the fireplace and part of the roof in 2023/2024. The roller shutters on the 1st floor, in bedroom 2, were replaced during the summer of 2023. The boiler is 10 years old, it is serviced every year, several parts have been replaced.

The 2 hot water tanks are almost new, they have been in service since autumn 2022. The bathroom on the 1st floor was partly redone (painting, placo, ceiling) at the end of 2023. Bedroom 5 was refreshed (painting) in the 1st quarter of this year. A large part of the furniture in the rooms was purchased during the summer of 2022 (bed, box spring, mattress, desk, etc.) The TF is 3100 (tax deductible).

Concerning the current rooms/rents: - The room 1 is 19 m2, and rooms 2 to 6 are between 22 and 23m2. - There are different levels of rents because there are people who entered in 2022 or the rents have not been increased for 2023. Unlike new arrivals.

- The rents for 2024 are set at these rates: - Bedroom 1 (slightly smaller and therefore less expensive, 19m2) = 300 rent plus 100 charges = 400 CC - Bedrooms 2 to 6 (22/23 m²) = 320 rent plus 100 charges = 420 CC.

- Today, there are 5 rooms rented out of 6 for 2040 CC.

- Room 1 = rented at 400 CC - Bedroom 2 and 3 = rented at 420 CC each - Room 4 and 5 = rented at 400 CC.

- For the tenants, they are students or young employees. But the rental demand is high, you can put 100% student or worker. You have the choice.

Today there are 4 boys (1 young worker and 3 students) plus 1 girl (on a work-study basis).

A little news for investors.

Pas-de-Calais is France’s most northerly department therefore it is also the closest department to the UK and has a very similar climate to southern Britain. Its fine restaurants, great shops and charming towns make it popular with visitors from across the channel. The department has a rich maritime history, as is evident in its cuisine.

Calais is the main gateway into France for millions of visitors every year. The town centre is popular with visitors for its vibrant shopping scene. There are quite a few bespoke shops, which are well worth seeking out. The main market is held every Saturday.

Arras is the capital of the department and is often used as a base for people visiting the historical battleground sites of the Somme. It is thought to be one of the most beautiful towns in France due to its Arcadian architecture incorporating Flemish styles.

St-Omer, you may recognise the town name from the famous Beer brand? is a quiet town, surrounded by a network of canals. Its Basilica, dating from the 13th to 15th centuries, is remarkable. The town is often considered to be the first truly French town you come across after arriving in Calais.

Le Tourquet-Paris-Plage lives up to its name as the most popular destination for Parisian bathers. The beaches back onto an affluent and architecturally diverse town dotted with pine trees.

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

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