65,000 € 5 Bedroom Rue De General Spezet, Finistere , Brittany. 29540 Description: NO AGENCY FEES SAVING YOU A FORTUNE LOOKING FOR AN INVESTMENT WITH READY INCOME ..WELL LOOK NO FURTHER.HERE WE HAVE A LARGE PROPERTY SPLIT INTO 3 APARTMENTS 1XSTUDIO,2X2 BEDROOMS OVER 3 FLOORS AND A CELLAR.GENERATING AN INCOME AS HOLIDAY LETS OF 30 WEEKS 13,000 OR AS NORMAL LETS 10,500 Key features: PERFECT INVESTMENT PROPERTY NO AGENCY FEES FULLY REFURBISHED PARTLY FURNISHED IMMEDIATE INCOME ALL SELF CONTAINED CAN EASILY BE MANAGED Full description: *** NO AGENCY FEES SAVING YOU A FORTUNE!** LOOKING FOR AN INVESTMENT WITH READY INCOME? ..WELL LOOK NO FURTHER!.HERE WE HAVE A LARGE PROPERTY SPLIT INTO 3 APARTMENTS (1XSTUDIO,2X2 BEDROOMS) OVER 3 FLOORS AND A CELLAR. IT EVEN HAS ITS OWN SHOP AREA THAT CAN BE LET ALSO IF REQUIRED AND THE WHOLE THING HAS BEEN GENERATING AN INCOME AS HOLIDAY LETS OF 30 WEEKS €13,000 OR AS NORMAL LETS €10,500 P/A PROPERTY: Through the front door to the right through a private lockable door we have the studio apartment with laminate flooring , fitted shaker style kitchen with dining area, lounge area , bedroom area & Bathroom consisting of Shower,wc & sink . A glsss feature gives this area ample light. Windows to front and rear all in a 20 metre space From the hallway to the left is the main shop area / Utility room currently used as a laundry room for Holiday makers but will make a great hairdressers or retail space , with full plumbing and laminate flooring and Windows to front and rear in a habitable space of 20 metres. Up the stairs to the first floor are: On this floor with its own private access we have one of the 2 bed flats consisting of 2 double bedrooms both with large Windows , a large bathroom with bath & shower over , wc & sink A large open plan kitchen dining area and lounge with front and rear Windows giving loads of daylight and a feeling of space. From this floor we go to the second floor with its own private entrance another 2 bed double bedroom flat with a window in each room , a large bathroom with bath , wc & sink A large open plan kitchen dining & lounge area again with Windows front and rear. All Windows double glazed apart from one of the first floor and the bathroom which are wooden. Outside: A rear area yard giving access to a cellar which runs the whole floor of the house ideal for storage if required. The property is freehold Under one title but there is an oppurtunity to buy the whole building then apply for a split and sell each property individually and we estimate each property individually to be as follows if sold seperate (PLEASE NOTE THIS IS DOWN TO THE BUYER TO APPLY FOR AFTER COMPLETION BUT OUR CLIENTS HAVE NOT ATTEMPTED AS THEY HAVE BEEN SATISFIED WITH IT AS IT IS) Studio €35,000 Flat 1 (first floor ) €60,000 Flat 2 (second floor) £60,000 Shop area €30,000 Summary This has to be one of the best deals of the year and it only through my clients othr business interests in the UK this property is up for sale. A perfect investment with no input required , and a very versatile property. Properties like this do not come around often so grab it while you can . Recently valued at €100,000 so for €65,000 you can guarentee a return in a matter of years! This is a very handsome , well renovated building consisting of 2 x 2 bed Holiday apartments both generating €245 a week from April to September each (€490 a week) There is also a Holiday studio apartment that has been generating €190 a week (April -September). The above can be let also as straight lets and will generate as follows: 2 x 2 beds €320 pcm each ( €640 pcm) & the studio €250 pcm Total €890 pcm The shop can be let out for €200 pcm if required but currently houses the laundry room for Holiday makers. The property sits on a main street of a quirky and vibrant breton village with full amenities like shops , bars, restaurants , pharmacy etc. There are ample larger towns all around the coastline which is a 45 min drive away. Aiports are very close with Brest Airport 45 mins away , Dinard airport 2 hours (motorway) and Nantes 2.5 hours Ferries are : Roscoff 45 mins , St Malo 2 hours FINAL THOUGHTS: A SUBSTANTIAL INVESTMENT PROPERTY WITH IMMEDIATE INCOME AND NO AGENCY FEES SAVING YOU A FORTUNE (BUYER NORMALLY HAS TO PAY AGENCY FEES BUT NOT ON THIS ONE) THE YIELDS ON THIS ARE VERY HIGH AND MUST NOT BE AVOIDED... NO CATCHES OR GIMMICKS AND IF MY CLIENT WAS NOT SO BUSY ELSEWHERE THEY WOULD CONTINUE THEMSELVES BUT CANT HENCE GIVING SOMEONE ELSE THE OPPURTUNITY TO DO SO . A MORTGAGE ON THIS WITH 15% DEPOSIT (€9750) WILL BE ROUGHLY SUBJECT TO RATES AROUND €265 A MONTH REPAYMENT , SO COME ON MAKE A DATE AND COME VIEW AND SEE FOR YOURSELF..SEEING IS BELIEVING!! FOR MORE INFO & PICTURES CLICK THIS LINK OR PASTE TO YOUR BROWSER: rightmove.co.uk/overseas-property/property-42872233.html Property Reference Number 67300394023941
Posted on: Mon, 17 Mar 2014 17:12:12 +0000
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