Saint-Éloy-les-Mines, Auvergne, Address available on request

Details:- iad France - Valentin Buttet offers: Located in the charming village of Saint-Eloy-les-Mines, just 20 minutes from Montluçon and 40 minutes from Clermont-Ferrand, this investment property offers very interesting investment potential.

Composed of two F3 apartments to be renovated, a garage that can be transformed into apartments, and convertible attics, this project offers a renovation in two distinct stages.

In the first stage, the refurbishment of the two F3s, estimated at around €40,000, would generate an annual income of €10,200, ensuring an initial net profitability of 12.23%. An attractive opportunity to start generating revenue early in the process.

The second stage, including the conversion of the attic and garage into apartments with an investment of around €80,000, would increase the annual rental income to €19,080. Total profitability after the second stage would be estimated at 11.8%, offering solid return potential.

This property offers unique investment flexibility, allowing you to manage the renovation in two phases, depending on your preferences and financial goals. Don't miss out on this investment opportunity in a peaceful setting with promising profitability potential.

Agency fees to be paid by the seller. Energy rating information on this property: ENERGY class E index 293 and CLIMATE class E index 64.   Information on the risks to which this property is exposed is available on the Géorisques website: www.georisques.gouv.fr.  This real estate advertisement has been written under the editorial responsibility of Mr. Valentin Buttet EI (ID 75468), independent real estate agent (without holding funds), commercial agent of the SAS I@D France registered with the RSAC of COLMAR under the number 891027716, holder of the real estate canvassing card on behalf of the company I@D France SAS.