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House for sale

Toulouse, Haute-Garonne, Midi-Pyrenees, France

£670,161 *  [€780,000]

House for sale

Toulouse, Haute-Garonne, Midi-Pyrenees, France

£670,161 *  [€780,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0

Full Description


27RUE AGENCY OFFERS EXCLUSIVELY,
A turnkey income-generating building (324 m²) – Toulouse / Les Arènes district

Invest with confidence in this 324.52 m² property, ideally located in the highly sought-after and lively Les Arènes district. A rare investment property on the market, offering immediate and secure returns.

A reassuring track record (takeover opportunity)
This building has been maintained and managed by the same owner for 30 years, demonstrating its reliability and lasting profitability. It is being put on the market solely because the owner wishes to rebalance their property portfolio ahead of retirement, offering a unique opportunity to acquire a sound, ready-to-operate asset.

Building composition
This medium-sized property comprises 9 units in total, distributed to help spread rental risk:
8 bright, functional apartments that meet the strong demand in the area (students and young professionals).
1 ground-floor commercial unit, benefiting from pedestrian traffic and the appeal of the district.
Total floor area: 324.52 m².

Financial details and returns
The building is currently being sold fully occupied, with reliable tenants in place.
Monthly rental income: €4,499
Consolidated annual income: €53,988
Rental vacancy: Close to zero, thanks to strong rental demand in the area.

Technical condition and maintenance
An investment with no major short- or medium-term surprises, reflecting three decades of careful, responsible management.
No major works required.
Roof in good overall condition.
The common areas and overall structure are in sound condition.

A strategic location: Les Arènes
The strength of this investment lies in its location. Les Arènes is the Toulouse metropolitan area's main multimodal transport hub:
Transport just a few steps away: Metro (Line A), tram (T1 and T2, connecting to the airport), SNCF railway station, and numerous bus routes.
Lifestyle: Close to shops, clinics and higher education establishments. The city centre is less than 10 minutes away.
A full information pack (rental schedule, lease details, technical reports, energy performance certificate and audit) is available on request.
Don't wait to secure this long-standing investment asset. Contact us today for an initial discussion and to arrange a viewing.
For enquiries or to arrange a viewing, contact Sébastien Postic, acting as a sole trader (E.I.), registered with the Toulouse Court of First Instance under RSAC No. 938 292 935, at 27Rue agency, or by email.
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This property listing was prepared under the editorial responsibility of SARL 27Rue (which does not hold client funds), SIRET No. [not provided], represented by Thomas BRIGNON, Managing Director.

Agency fees payable by the seller. Energy rating E, climate rating C. Estimated annual energy costs for standard use: between €7,670.00 and €10,410.00 for 2021, 2022 and 2023 (including subscriptions). Information about the risks to which this property is exposed is...
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Map may not show exact location

This property listing (ref: Afd9plpmptv2fih9) is an advertisement supplied by French Gold Property 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 0.8592 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.