Ideal Investors!
Studio
Habitable Size:
459.32 m²
Land Size:
0 m²
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Region: Midi-Pyrénées
Department: Lot (46)
Commune: Montcuq (46800)
Currency Conversion provided by French Property Currency
powered by A Place in the Sun Currency, regulated in the UK (FCA firm reference 504353)
British Pounds:
|
£164,900
|
US Dollars:
|
$207,580
|
Canadian Dollars:
|
C$285,180
|
Australian Dollars:
|
A$320,100
|
Please note that these conversions are approximate and for guidance only and do not constitute sale prices.
To find out more about currency exchange, please visit our Currency Exchange Guide.
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Key Info
Advert Reference: 24394
- Type: Residential (Apartment), Business (Apartment Building / Block Of Flats), Investment Property
- Bedrooms: 0
- Bath/ Shower Rooms: 0
- Habitable Size: 459.32 m²
- Land Size: 0 m²
Features
- Gîte(s) / Annexe(s)
- Rental / Gîte Potential
Property Description
In the heart of the tourist village of Montcuq-en-Quercy-blanc, come and discover this stone building with high profitability potential dating from 1783 offering 459m2, currently divided into 8 dwellings (2 apartments and 6 studios) with the possibility of creating premises commercial on the ground floor. To date, 1 apartment and 1 studio are rented respectively for €280 and €267 monthly excluding charges. The entire building requires a complete renovation, including insulation, bringing the electricity up to standard, as well as replacing the joinery. The current layout can be modified, offering the possibility of creating a single dwelling with cellars or a business on the ground floor, or 3 apartments and 5 studios. The rate of return after work is estimated at 7%. You are free to express your ideas for redevelopment. In addition, there is the possibility of setting up a small terrace of 14m2 and a roof-top with a maximum area of 57m2. This building, full of history, simply awaits your expertise to bring its many charming details from the period back to life. Don't miss this opportunity!
The information displayed about this property comprises a property advertisement which has been supplied by Selection Habitat and does not constitute property particulars. View our full disclaimer
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