Three apartments in one building: great income potential

Saint-Pierre-de-Maillé, France, 86260

For Sale

€189,500

REF: 999854 €189,500


7

Description

This property is just a short walk from the centre of Saint-Pierre-de-Maillé, passing a micro-brewery on the way... The building is sub-divided into three sets of accommodation. On the top floor is apartment C, currently used by the owner, offering a kitchen, lounge, four bedrooms, bathroom, toilet and storage room. A lockable internal staircase leads down to the next level. This level contains two independent apartments.

One is apartment B with living room, kitchen, bedroom, storage .. This property is just a short walk from the centre of Saint-Pierre-de-Maillé, passing a micro-brewery on the way... The building is sub-divided into three sets of accommodation. On the top floor is apartment C, currently used by the owner, offering a kitchen, lounge, four bedrooms, bathroom, toilet and storage room. A lockable internal staircase leads down to the next level. This level contains two independent apartments.

One is apartment B with living room, kitchen, bedroom, storage room and a conservatory opening onto the rear garden. The other apartment (A) has two bedrooms, a living room, kitchen, bathroom and toilet. Each apartment is self-contained with its own private access. On the ground floor there is a large garage and cellar. The house is set well back from the road and its elevated position means it is quiet.

Mature gardens laid mainly to lawn at the rear offer plenty of space for gardening and relaxing. There are a number of different ways in which this building can be used by the new owners. The two smaller apartments could be combined into one large one (subject to necessary permissions), or, as the current owner does, they can be rented out independently to generate income.

Saint-Pierre-de-Maillé sits on the picturesque Gartempe river (with nearby bathing station and snack bar, great in Summer!), and just 50km from Poitiers with airport, TGV, autoroute and the amazing Futuroscope entertainment park. The nearby towns of La Roche Posay and Chauvigny offer plenty of further attraction, and the region as a whole is great for cycling and walking. Price including agency fees : 189 500 Price excluding agency fees : 175 463 Buyer commission, tax included: 8%
This property is just a short walk from the centre of Saint-Pierre-de-Maillé, passing a micro-brewery on the way... The building is sub-divided into three sets of accommodation. On the top floor is apartment C, currently used by the owner, offering a kitchen, lounge, four bedrooms, bathroom, toilet and storage room. A lockable internal staircase leads down to the next level. This level contains two independent apartments.

One is apartment B with living room, kitchen, bedroom, storage .. This property is just a short walk from the centre of Saint-Pierre-de-Maillé, passing a micro-brewery on the way... The building is sub-divided into three sets of accommodation. On the top floor is apartment C, currently used by the owner, offering a kitchen, lounge, four bedrooms, bathroom, toilet and storage room. A lockable internal staircase leads down to the next level. This level contains two independent apartments.

One is apartment B with living room, kitchen, bedroom, storage room and a conservatory opening onto the rear garden. The other apartment (A) has two bedrooms, a living room, kitchen, bathroom and toilet. Each apartment is self-contained with its own private access. On the ground floor there is a large garage and cellar. The house is set well back from the road and its elevated position means it is quiet.

Mature gardens laid mainly to lawn at the rear offer plenty of space for gardening and relaxing. There are a number of different ways in which this building can be used by the new owners. The two smaller apartments could be combined into one large one (subject to necessary permissions), or, as the current owner does, they can be rented out independently to generate income.

Saint-Pierre-de-Maillé sits on the picturesque Gartempe river (with nearby bathing station and snack bar, great in Summer!), and just 50km from Poitiers with airport, TGV, autoroute and the amazing Futuroscope entertainment park. The nearby towns of La Roche Posay and Chauvigny offer plenty of further attraction, and the region as a whole is great for cycling and walking. Price including agency fees : 189 500 Price excluding agency fees : 175 463 Buyer commission, tax included: 8%
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Currency Exchange

Saint-Pierre-de-Maillé, France, 86260

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 €189,500 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
€189,500 £156,423 £165,873 £9,450
Property Price € €189,500
Minimum cost in the last six months £156,423
Maximum cost in the last six months £165,873
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,450

Saint-Pierre-de-Maillé, France, 86260

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 €189,500 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
€189,500 £156,423 £165,873 £9,450
Property Price € €189,500
Minimum cost in the last six months £156,423
Maximum cost in the last six months £165,873
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,450

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 £9,450 more.

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