Apartment for sale
Le Dorat, Haute-Vienne, Limousin, France
Full Description
This block of 8 apartments on four floors is located within walking distance of all amenities and facilities (including schooling requirements) in the historic market town of Le Dorat in the Haute Vienne. The apartments have been recently modernised and updated and equipped, since 2009, with energy efficient "pompe de chaleur" based combined heating/air conditioning systems. All 8 apartments are currently rented out with an average overall occupancy period time to date of 4 years and with an average maximum change over period of 2 to 3 months. Currently the annual derived income for 100% occupancy amounts to about ?30,000 per annum which, after costs and expenses would give an annual return of about 10% on the proposed investment cost. Le Dorat benefits from being on the Limoges to Poitiers branch railway line, the latter giving cross platform TGV connections to Paris, Bordeaux and other French cities as well as Brussels and London (via Lille). The all-year-round international airport at Limoges is only 49 km away.
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