T5 House 152 m² for Sale in Epernay - €735,000

The displayed price for the house is €735,000 for an area of 152 m², which gives a price per m² of €4,839.

By comparison, the median price per m² for houses in Epernay is around €2,800 (source: DVF DGFiP, 2023). This means that the price of this house is 73% higher than the median of the local market.

Over the last 12 months, house prices in Epernay have increased by about 5%, indicating an upward trend. This house is therefore positioned in the high-end segment of the Epernay real estate market, justified by its peaceful setting and unique features.

For a purchase of €735,000, notary fees, estimated between 7% and 8% for older properties, would amount to approximately €51,450 to €58,800.

Loan Simulation:

• Amount Borrowed: €735,000
• Personal Contribution: 10% or €73,500
• Loan Amount: €661,500
• Interest Rate: 3.4% over 20 years
• Estimated Monthly Payments: approximately €3,800

Rental Yield:

If this house were rented, with an estimated rent of €2,500 per month, the gross rental yield would be 4.1%. After deducting charges and property tax, the net yield could be around 3.5%.

The DPE class is not specified in the provided data. However, for a house of this size, one can estimate an annual energy cost of around €1,500 to €2,000 depending on the energy class.

Rental Bans:

The Climate & Resilience Law imposes restrictions on the rental of properties classified F or G. If the house is classified D or better, it will not be subject to these restrictions.

Renovation Cost:

To improve the DPE class from D to B, the cost of the work could vary between €15,000 and €30,000, depending on the necessary work.

Available Assistance:

Assistance such as MaPrimeRénov' can be mobilized to finance this work, with amounts varying according to income and the nature of the work.

The house is located in Epernay, which has several bus lines and is close to the SNCF train station, facilitating access to Reims and Chalons-en-Champagne.

Amenities:

• Nearby Amenities: Supermarkets, schools, and health centers are accessible within 10 minutes by car.
• Schools: Several educational institutions are located nearby, with generally good academic results.

Demographics:

Epernay has a population of about 23,000 inhabitants, with a median household income of about €25,000 per year.

Quality of Life:

The neighborhood is known for its tranquility, with many green spaces and a low crime rate. Urban projects are underway to further improve the local infrastructure.

Natural Risks:

According to data from Géorisques, the Epernay region is minimally exposed to flood risks, but it is recommended to check potential flood zones.

PLU and Zoning:

The house is located in a residential area, which limits the possibilities for construction or modification of the building.

Rent Control:

Epernay is not subject to rent control, which provides more flexibility for renting.

Mandatory Diagnostics:

All diagnostics (DPE, lead, asbestos, etc.) must be provided by the seller before the sale. It is crucial to request these documents to avoid surprises.