Tuesday, December 28, 2010

A house to restore!

Ref 6577s

Update.....  The person renting the antiques shop has given notice to leave on the 31st March 2011!!  this is now a great opportunity to acquire a property at a great price which you can make into one property if you like!!

Price: 109.000€ (agency fee included)

This is one of those properties that really does have potential at this price!  There is the principal house and an old converted barn that is now a little antique shop that is already rented out for a nice little sum every month!
The house itself is in need of complete renovation, inside and out.  It can't have been lived in for years.  There are however, some really nice features.  It's certainly old, lots of exposed stone and huge attic space!
The antique shop is in very good condition.  This is a commercial let on this part of the property so you can't just occupy it.  The present contract would be passed onto the new owner and you would gain a nice little sum of 370€ per month!
There is also a large garden of 1354m2 which could be used as building land.

*House:  Entrance 16m2
*Kitchen 18m2
*3 Bedrooms 
*Shower room
*Attic space of 96m2
Antique shop of 60m2

The front of the property actually forms an upsidedown U shape.  The shop is directly opposite the house.  This is quite a huge space and you could easily put up a fence between the two properties if you wanted privacy.  Access can be gained into the back garden, which is to the rear of the house so you could have a completely independent access there if you wanted

The shop as I said is in good condition.  It is only a small little place so will not have millions of visitors, it's more like a hobby I think!  There is a little reserve next to the barn where stock is stored and also a hanger for parking.  
The house is well, 'brut' as they say here!  Needs everything doing - but it does have a modern shower unit!!! Just in the wrong place that's all!!  Plumbing and electrics in place but of course, as with most of these older properties, it will need looking at.  Living accommodation could be kept to just ground floor or for more space, you could transform the huge attic.  

This property is situated in a village just 5 minutes from the town of Souillac.  It does have a road that runs alongside (that's how the antiques man gets his customers).  
My view:  Could be a good little investment number.  The price is already interesting since having a commercial let on part of the property is not everyone's cup of tea.  However, this little bit of income is not to be sniffed at!!  The house needs works, but it could be very spacious and is really a blank canvas to allow you  to get those creative taste buds working!

Please contact me if you would like further specific information by e-mail, kim@century21.fr

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