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6 Bed Townhouse for sale

Veliko Tarnovo, Veliko Tarnovo, Bulgaria

£172,554 *

 [€191,000]

Property Details

  • Bedrooms: 6
  • Bathrooms: 3
  • Plot size: 261 m2
  • Habitable space: 281 m2

Features

  • Development / Renovation opportunity
  • Generous plot
  • Prime center location
  • Garage
  • Excellent views
  • Woodburner(s)
  • Semi-detached
  • Private seller

Full Description

Property features
• RENOVATION OR DEVELOPMENT OPPORTUNITY
• 3 STOREY SEMI-DETACHED TOWNHOUSE
• 3 SELF CONTAINED FLATS + DORMER ATTIC ROOM AND A GARAGE
• GENEROUS PLOT
• FREEHOLD CHAIN FREE
• PRIVATE SELLER
Location
Situated in Veliko Tarnovo known as the historic capital of Bulgaria. Prime city center location with excellent views to the old town and fortress. Easy access to a wide range of local amenities with excellent transport links and within a 10 min. walk to all tourist attractions.

Property description
AN EXCELLENT DEVELOPMENT / RENOVATION OPPORTUNITY!
A three storey semi-detached house requiring modernisation arranged as 3 self contained flats with a dormer attic room. The property is of a rendered brickwork construction situated on a generous plot (261.0m2 approx. 43.6ft x 64.3ft) with a detached garage and off street parking.

Accommodation
Please refer to floorplan for approximate room measurements and internal layout.

Investment opportunities
• RENOVATION (please refer to Option1 drawing)

Following renovation, the proposed 4 SELF CONTAINED FLATS could achieve:
Resale value of €268,800 ( £231,931 ) Estimate profit of €57,925 ( £50,000 )
Rental value of €13,320 ( £11,500 ) per annum

• DEVELOPMENT (please refer to Option2 drawing)

Following development completion, the proposed 5 STOREY BLOCK OF FLATS could achieve:
Resale value of €836,000 ( £721,687 ) Estimate profit of €310,600 ( £268,140 )
Rental value of €37,440 ( £32,322 ) per annum


This property listing (ref: 3 STOREY TOWNHOUSE) is an advertisement supplied by a private seller and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.

*Based on an exchange rate of 0.9034 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.

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