In Chamalières, close to the Majestic Palace, transport links and the train station, a property complex comprising 7 F2 and F3 flats (potentially 8), cellars and communal areas covering around 300m2.

To date, 5 flats have been let, generating annual rental income of over €22,000, but the potential could be improved or even doubled.

The building has 6 levels with a lift and offers 6-7 F2 flats of around 32-36m2 and 1 F3 flat of 62m2.

All have individual electric heating.

Investors, if work is carried out to improve your rental income and profitability, you can expect a gross profitability of 5.6%.

Some flats can be renovated and another created on the ground floor with a small outdoor area.

The environment, with its proximity to transport links and shops, makes this building a real investment opportunity.

All ECDs are between G and E, depending on the work carried out on the flats.

Parking spaces are available nearby.

This building is co-owned by 3 lots with annual charges of €5,934 (hot water, lift maintenance, shared electricity).

Possibility of buying the entire co-ownership with the town house and garden.

Single mandate N°360833 buyer's charges, i.e.

528500 euros net vendor.

To visit and help you with your project, contact Isabelle MUNOZ, on or by email at

In accordance with article L.561.5 of the French Monetary and Financial Code, you will be asked to show proof of identity in order to organise the viewing.

This listing has been prepared under the editorial responsibility of Isabelle MUNOZ acting as a commercial agent registered with the RSAC CLERMONT FERRAND 484593579 for SAS PROPRIETES PRIVEES, with share capital of €40,000, ZAC LE CHÊNE FERRÉ - 44 ALLÉE DES CINQ CONTINENTS 44120 VERTOU; SIRET 4 040, RCS Nantes.

Carte professionnelle Transactions sur immeubles et fonds de commerce (T) et Gestion immobilière (G) n° CPI 4401 20 8 issued by the CCI Nantes - Saint Nazaire.

Escrow account no.

3 BPA SAINT-SEBASTIEN-SUR-LOIRE (44230); Guarantee GALIAN - 89 rue de la Boétie, 75008 Paris - no.

28137 J for 2,000,000 euros for T and 120,000 euros for G.

Professional liability insurance by MMA Entreprise policy no.

120.137.405.

This sale is guaranteed for 12 months.

(3.97% fees incl.

VAT payable by the buyer).

Co-ownership of 3 lots ().

Annual charges: 5934 euros.

Isabelle MUNOZ (EI) Commercial Agent - RSAC Number: CLERMONT FERRAND 484593579 - .

Chamalières building

Information on the risks to which this property is exposed is available on the Géorisques website : https://www.georisques.gouv.fr

Ref : 360833IMU - Date : 02/07/2024