Spacious city centre apartment with development opportunity

Montmorillon, France, 86500

For Sale

€382,000

REF: 670576 €382,000


6

Description

This spacious apartment is a hidden jewel located in the centre of Montmorillon, with garden, garage and private lift. It could be converted into a number of smaller apartments as a development project (subject to necessary permissions). Magnificent high-ceiling rooms (Haussmann style), slate roof, high quality decoration. Ground floor: an entrance hall leading to the lift and another one to 3 rooms; two storage corridors and connecting to a beautiful crafted wooden staircase that acce..

This spacious apartment is a hidden jewel located in the centre of Montmorillon, with garden, garage and private lift. It could be converted into a number of smaller apartments as a development project (subject to necessary permissions). Magnificent high-ceiling rooms (Haussmann style), slate roof, high quality decoration. Ground floor: an entrance hall leading to the lift and another one to 3 rooms; two storage corridors and connecting to a beautiful crafted wooden staircase that accesses all floors. 1st floor: an entrance hall, leading on one side to a master suite consisting of a large bedroom with bathroom, dressing room and an adjoining bedroom with WC; on the other side another en suite bedroom with small lounge, mezzanine bedroom, shower room, WC and shower room (suitable for short term rental).

Opposite this is a lounge/dining room of 70m2 with 3 fireplaces, one of which is functional, and a well-equipped kitchen of 25m2 opening on to a terrace of approximately 30m2. 2nd floor: a landing leading to a large bathroom and laundry room; 3 bedrooms between 19 and 25m2, one of which is en suite with a small bedroom of 12m2 attached; and a lounge/study of 50m2. The attic could be converted (subject to necessary permissions). The lift serves all levels, has a capacity of 8 people which makes the house suitable for people with reduced mobility. A garage for 1 car (with automatic door planned for April 2023) with a terrace overlooking the garden (in the process of being decorated) planned to support a swimming pool (in the garage, power adapted for installation of a quick-charge electric socket). Adjoining private garden with small vegetable garden, terrace and greenery, fully enclosed (priest's garden style). 2 cellars.

Gas condensing boiler 2010, recent new control card and new heating body. 3 electric hot water tanks. Estimated annual energy costs for standard use: between 3000 and 4500 per year. Average energy prices indexed to the year 2022 (including subscriptions). Water softener. Close to all amenities and shops and quiet area.

Parking spaces less than 5m away including charger for EV. Double glazing throughout PVC and some roller shutters. Balconies at each window door on the 1st floor (7). Co-ownership without syndic, at 2/3 for this property - other 1/3 partner of highest standing Price including agency fees : 380 000 Price excluding agency fees : 360 378 Buyer commission included: 6 %
This spacious apartment is a hidden jewel located in the centre of Montmorillon, with garden, garage and private lift. It could be converted into a number of smaller apartments as a development project (subject to necessary permissions). Magnificent high-ceiling rooms (Haussmann style), slate roof, high quality decoration. Ground floor: an entrance hall leading to the lift and another one to 3 rooms; two storage corridors and connecting to a beautiful crafted wooden staircase that acce..

This spacious apartment is a hidden jewel located in the centre of Montmorillon, with garden, garage and private lift. It could be converted into a number of smaller apartments as a development project (subject to necessary permissions). Magnificent high-ceiling rooms (Haussmann style), slate roof, high quality decoration. Ground floor: an entrance hall leading to the lift and another one to 3 rooms; two storage corridors and connecting to a beautiful crafted wooden staircase that accesses all floors. 1st floor: an entrance hall, leading on one side to a master suite consisting of a large bedroom with bathroom, dressing room and an adjoining bedroom with WC; on the other side another en suite bedroom with small lounge, mezzanine bedroom, shower room, WC and shower room (suitable for short term rental).

Opposite this is a lounge/dining room of 70m2 with 3 fireplaces, one of which is functional, and a well-equipped kitchen of 25m2 opening on to a terrace of approximately 30m2. 2nd floor: a landing leading to a large bathroom and laundry room; 3 bedrooms between 19 and 25m2, one of which is en suite with a small bedroom of 12m2 attached; and a lounge/study of 50m2. The attic could be converted (subject to necessary permissions). The lift serves all levels, has a capacity of 8 people which makes the house suitable for people with reduced mobility. A garage for 1 car (with automatic door planned for April 2023) with a terrace overlooking the garden (in the process of being decorated) planned to support a swimming pool (in the garage, power adapted for installation of a quick-charge electric socket). Adjoining private garden with small vegetable garden, terrace and greenery, fully enclosed (priest's garden style). 2 cellars.

Gas condensing boiler 2010, recent new control card and new heating body. 3 electric hot water tanks. Estimated annual energy costs for standard use: between 3000 and 4500 per year. Average energy prices indexed to the year 2022 (including subscriptions). Water softener. Close to all amenities and shops and quiet area.

Parking spaces less than 5m away including charger for EV. Double glazing throughout PVC and some roller shutters. Balconies at each window door on the 1st floor (7). Co-ownership without syndic, at 2/3 for this property - other 1/3 partner of highest standing Price including agency fees : 380 000 Price excluding agency fees : 360 378 Buyer commission included: 6 %
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Currency Exchange

Montmorillon, France, 86500

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in France do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in France takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €382,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€382,000 £324,964 £334,838 £9,875
Property Price € €382,000
Minimum cost in the last six months £324,964
Maximum cost in the last six months £334,838
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,875

Montmorillon, France, 86500

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in France do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in France takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €382,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€382,000 £324,964 £334,838 £9,875
Property Price € €382,000
Minimum cost in the last six months £324,964
Maximum cost in the last six months £334,838
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,875

The exchange rate on the day you make an offer on your property in France will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £9,875 more.

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