£464,183
4 bed property for sale
Property photos
Just added
£464,183
€548,625 (€127/sq. ft)
4 bed property for sale
Montélimar, 26, France4 beds
14 receptions
4,306 sq. ft
Added on
Local area information
Property location
This location is approximate only. Contact the agent for the exact address.
Nearby amenities
Features and description
Income-Producing Building In Montélimar
Income-producing building of approx. 380 m2 in central montélimar
- 10 units: 2 commercial premises + 8 residential units
gross yield: 8.48%
A great investment opportunity: This income-producing building of approximately 380 m2 is ideally located in central Montélimar, close to all amenities.
The building enjoys a strategic location on a busy road, offering good visibility in particular for the two commercial premises.
Building layout
The property comprises 10 units:
- 2 commercial premises
- 4 two-room flats
- 4 studio flats
The building has a balanced mix of commercial premises and residential units, allowing rental income to be diversified.
Currently, 8 of the 10 units are rented.
Only one two-room flat and one studio flat are currently vacant; all the other units are occupied.
At the current rental rates, the property could generate theoretical rental income of €3,875.90 per month, excluding service charges, or:
€46,510.80 in annual rent, excluding service charges
On this basis, the property offers a gross rental yield of approximately 8.48% at the asking price of €548,625.
The two currently vacant units also offer potential to increase rental income.
No major works are currently anticipated, allowing the buyer to acquire an investment with rental operations already well established.
Key features
- Central Montélimar location
- 140 m2
- 10 units
- 2 commercial premises
- 4 two-room flats
- 4 studio flats
Gross yield: Approximately 8.48%
1 two-room flat and 1 studio flat currently vacant
A turnkey investment with strong potential
This building is an attractive opportunity for an investor seeking an income-producing property in the town centre, with a high occupancy rate, a mix of residential and commercial units, and a gross yield of over 8%.
Asking price: €548,625
Property survey in progress.
For further information, please contact the agency.
Income-producing building of approx. 380 m2 in central montélimar
- 10 units: 2 commercial premises + 8 residential units
gross yield: 8.48%
A great investment opportunity: This income-producing building of approximately 380 m2 is ideally located in central Montélimar, close to all amenities.
The building enjoys a strategic location on a busy road, offering good visibility in particular for the two commercial premises.
Building layout
The property comprises 10 units:
- 2 commercial premises
- 4 two-room flats
- 4 studio flats
The building has a balanced mix of commercial premises and residential units, allowing rental income to be diversified.
Currently, 8 of the 10 units are rented.
Only one two-room flat and one studio flat are currently vacant; all the other units are occupied.
At the current rental rates, the property could generate theoretical rental income of €3,875.90 per month, excluding service charges, or:
€46,510.80 in annual rent, excluding service charges
On this basis, the property offers a gross rental yield of approximately 8.48% at the asking price of €548,625.
The two currently vacant units also offer potential to increase rental income.
No major works are currently anticipated, allowing the buyer to acquire an investment with rental operations already well established.
Key features
- Central Montélimar location
- 140 m2
- 10 units
- 2 commercial premises
- 4 two-room flats
- 4 studio flats
Gross yield: Approximately 8.48%
1 two-room flat and 1 studio flat currently vacant
A turnkey investment with strong potential
This building is an attractive opportunity for an investor seeking an income-producing property in the town centre, with a high occupancy rate, a mix of residential and commercial units, and a gross yield of over 8%.
Asking price: €548,625
Property survey in progress.
For further information, please contact the agency.
Floor plans and tours
Floor plans
No floor plan available
Tours
No virtual tour available
More information
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