Townhouse in sight of historic church, with amazing views and income potential

Bellac, France, 87300

For Sale

€88,000

REF: 675924 €88,000


5

Description

EXCLUSIVE TO BEAUX VILLAGES! This large property is currently divided into two a self-contained studio apartment on the ground floor and four-bedroom house above. Rambling over four storeys, it is laid out as follow :- ground floor : studio apartment with 30m of living space including a kitchen, separate shower room and toilet; first floor : large lounge/dining room, fitted kitchen, bathroom and separate toilet, there are three bedrooms on the first floor and a very spacious room on the..

EXCLUSIVE TO BEAUX VILLAGES! This large property is currently divided into two a self-contained studio apartment on the ground floor and four-bedroom house above. Rambling over four storeys, it is laid out as follow :- ground floor : studio apartment with 30m of living space including a kitchen, separate shower room and toilet; first floor : large lounge/dining room, fitted kitchen, bathroom and separate toilet, there are three bedrooms on the first floor and a very spacious room on the fourth floor and an attic. This property could easily be combined back into one home or the two kept separate as there is a communal entrance hall and two individual entrances into each property.

Up until recently, the studio and the house have been rented out at 300 euros and 630 euros per month depending on your requirements you could live in one and rent out the other or as an investment, the earning potential is 930 euros a month for the entire property. There is a terraced garden and courtyard which is accessed from the lower floor.

Cellar and workshop also on lower floor. Electric radiators heat the property, plus there is a heat exchanger in the master bedroom. Balconies overlook the valley, viaduct, and river with spectacular sunsets. You can walk into the town from the property where you will find bars, cafes, restaurants, supermarkets, schools etc.

Bellac has a mainline train station within walking distance plus the international airport in Limoges is only 35 minutes away. Price including agency fees : 88 000 Price excluding agency fees : 80 000 Buyer commission included: 10 %
EXCLUSIVE TO BEAUX VILLAGES! This large property is currently divided into two a self-contained studio apartment on the ground floor and four-bedroom house above. Rambling over four storeys, it is laid out as follow :- ground floor : studio apartment with 30m of living space including a kitchen, separate shower room and toilet; first floor : large lounge/dining room, fitted kitchen, bathroom and separate toilet, there are three bedrooms on the first floor and a very spacious room on the..

EXCLUSIVE TO BEAUX VILLAGES! This large property is currently divided into two a self-contained studio apartment on the ground floor and four-bedroom house above. Rambling over four storeys, it is laid out as follow :- ground floor : studio apartment with 30m of living space including a kitchen, separate shower room and toilet; first floor : large lounge/dining room, fitted kitchen, bathroom and separate toilet, there are three bedrooms on the first floor and a very spacious room on the fourth floor and an attic. This property could easily be combined back into one home or the two kept separate as there is a communal entrance hall and two individual entrances into each property.

Up until recently, the studio and the house have been rented out at 300 euros and 630 euros per month depending on your requirements you could live in one and rent out the other or as an investment, the earning potential is 930 euros a month for the entire property. There is a terraced garden and courtyard which is accessed from the lower floor.

Cellar and workshop also on lower floor. Electric radiators heat the property, plus there is a heat exchanger in the master bedroom. Balconies overlook the valley, viaduct, and river with spectacular sunsets. You can walk into the town from the property where you will find bars, cafes, restaurants, supermarkets, schools etc.

Bellac has a mainline train station within walking distance plus the international airport in Limoges is only 35 minutes away. Price including agency fees : 88 000 Price excluding agency fees : 80 000 Buyer commission included: 10 %
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Property on Map

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Currency Exchange

Bellac, France, 87300

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 €88,000 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
€88,000 £74,861 £77,136 £2,275
Property Price € €88,000
Minimum cost in the last six months £74,861
Maximum cost in the last six months £77,136
Fluctuating exchange rates over the last six months could have increased the cost of this property by £2,275

Bellac, France, 87300

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 €88,000 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
€88,000 £74,861 £77,136 £2,275
Property Price € €88,000
Minimum cost in the last six months £74,861
Maximum cost in the last six months £77,136
Fluctuating exchange rates over the last six months could have increased the cost of this property by £2,275

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 £2,275 more.

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