T4 House 110 m² for sale CONDE LES AUTRY - €68,000

The listed price for this house is €68,000, which corresponds to a price per m² of €618.18 (calculated from the listed price and the area of 110 m²). Based on average public data for the sector, the median price for similar houses in the CONDE LES AUTRY area is around €1,000 to €1,200 per m², indicating that this house is undervalued compared to the market median.

In terms of trend, house prices in the area have shown a slight increase of 2% over the last 12 months, with increased demand for houses with gardens, which could benefit this property.

Property positioning:

• Advantages: Attractive price, spacious garden, quiet environment.
• Disadvantages: Potential need for renovations, proximity to amenities to be assessed.

For a purchase price of €68,000, notary fees are estimated between €4,760 and €5,440 (calculated on a range of 7-8% for older properties). The total acquisition cost would therefore be between €72,760 and €73,440.

Loan simulation:

• Loan amount: €68,000
• Current average interest rate: 3.4% over 20 years
• Personal contribution: 10% (€6,800)
• Estimated monthly payment: approximately €380 (calculated from current professional scales).

Rental yield: If this house is rented, with an estimated monthly rent of €600, the gross rental yield would be 10.59% (calculated from the annual rent divided by the purchase price). The net yield, after deducting charges and property tax, could be around 8%.

The house is estimated to have an annual energy cost between €570 and €820, corresponding to a DPE class D. According to the Climate & Resilience law, homes classified F or G will no longer be able to be rented from 2025.

Renovation cost: To improve the energy performance of this house to a class C, the work could cost between €15,000 and €25,000, depending on professional quotes.

Available aids:

• MaPrimeRénov': up to €7,000 depending on income.
• Energy savings certificates (CEE): variable amount depending on the work carried out.

The house is located in CONDE LES AUTRY, a calm and peaceful village. Basic amenities, such as shops, are accessible within 10 minutes on foot.

Transport:

• The nearest train station is 15 km away, offering connections to Châlons-en-Champagne.
• Easy road access via the D964.

Demographics: The village has about 1,000 inhabitants, with a majority of families. The median income is around €22,000 per year, indicating a population looking for affordable housing.

Quality of life: The living environment is pleasant, with green spaces and low pollution. Nearby urban projects include the rehabilitation of the village square planned for 2024.

The property is located in a low flood risk area according to Géorisques data.

PLU and zoning: The house is located in a residential area, with a PLU favorable to individual housing.

Mandatory diagnostics: Energy performance diagnostics (DPE) and lead exposure risk must be provided during the sale.

Critical questions to ask the seller:

• What is the general condition of the house?
• Are there any recent or upcoming works?
• What is the legal status of the property?
• What are the co-ownership fees if applicable?