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Rive-de-Gier
Gross Yield:
7.5%
Time to pay off with rent:
16.6 years
Price Difference:
-15000%
Expected Rent:
1100€/month
Located in the desirable 'Les Castors' neighborhood of Rive-de-Gier, this renovation project presents a unique opportunity for buyers looking to create a custom home. The property features a traditional layout of a plan favier type, offering 106 square meters of living space set on a spacious 917 square meter plot. On the upper floor, you will find a welcoming entrance area of 10.81 square meters, a separate kitchen measuring 11.25 square meters, and a cozy living room of 15.46 square meters that invites relaxation. Additionally, there is a bathroom with a toilet that occupies 5.41 square meters, and the floor accommodates three bedrooms of varying sizes: 9.23, 9.7, and 12.1 square meters, perfect for family living or guest accommodations. The lower level features a functional laundry room of 15.61 square meters, a heating room of 18.99 square meters, a versatile space of 13.06 square meters that could serve various purposes, and a garage with an area of 23.48 square meters for secure parking and storage. The property also includes an ancillary structure of 12.50 square meters on the grounds. While the house benefits from double glazing and has recently updated sewage connections, it currently operates with fuel heating, with the option to connect to gas. The traditional roof frame features insulation, but potential buyers should anticipate renovations, particularly in external shutters, electrical systems, and insulation. An energy audit has been conducted, and the property currently has an energy consumption classification of F. It's important to consider that the annual property tax amounts to 1,259 euros, which may impact the overall investment. This home is ideal for those who wish to tailor a space to their liking and invest in an area with promising growth potential.