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Apartment for sale

Lille, Nord, Nord-Pas-de-Calais, France

£68,734 *  [€80,000]

Apartment for sale

Lille, Nord, Nord-Pas-de-Calais, France

£68,734 *  [€80,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0

Features


  • Electric heating

Full Description


New listing from Adeline Kostek, We Invest – LILLE FIVES | 26 m² shell unit to fit out | Rental potential

An investment project to shape according to your goals!

Located in the heart of the Lille-Fives neighbourhood, in a small co-ownership of 7 units with no lift, this 26 m² shell unit offers the freedom to design your future rental home.

Sold unfinished, this unit lets you plan the interior layout and choose the finishes.

Several elements have already been completed:
Roofing and timber frame inspection
Flooring
PVC windows and doors
Electric roller shutters
Individual Linky electricity meter
The remaining interior work is yet to be completed.

Sought-after location in the Lille-Fives neighbourhood:
Shopping street and amenities nearby
Fives metro station, a 2-minute walk away
Lille-Europe accessible in two metro stops

The area offers scope to explore a rental project aimed at tenants seeking proximity to public transport and shops.

Based on an acquisition price of €80,000, estimated renovation costs of €20,000 and an anticipated rent of €550 per month, the gross rental yield is 6.60% on the purchase price and renovation costs, excluding additional expenses.

Estimated co-ownership charges are €150 per year, or €12.50 per month.

Looking for a property to fit out and build your real-estate portfolio? Let’s meet!

Adeline Kostek

Agency fees payable by the seller. In a co-ownership of 7 units. Average share of the provisional budget: €150/year. No proceedings are currently underway. Not subject to an Energy Performance Certificate (DPE).

Your We Invest France adviser: Adeline Kostek
Commercial agent (sole proprietorship)
RSAC 851 483 396 LILLE.
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Map may not show exact location

This property listing (ref: Ayd419bt5exijh1k) 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.