2-room apartment 43 m² for sale Roubaix - €64,900

The listed price for this apartment is €64,900, which translates to a price per m² of €1,497 (calculated from the listed price and the declared area of 43.43 m²). For comparison, the median price per m² for apartments in Roubaix is around €1,600 (source: DVF DGFiP, 2023). This places this apartment below the market median, which could make it an interesting option for investors. Over the last 12 months, apartment prices in Roubaix have seen a slight downward trend of 2.5% (source: INSEE, 2023).

This apartment is located near the Eurotéléport hub, a dynamic area that benefits from good access to public transport. The proximity to shops and services enhances its attractiveness. In terms of rental demand, Roubaix presents a relatively active market, with a vacancy rate of about 8% (source: Rental Observatory, 2023).

For a purchase price of €64,900, notary fees are estimated between 7% and 8% for an old property, which is approximately €4,543 to €5,192 (estimate based on current professional rates). The total acquisition cost thus ranges between €69,443 and €70,092.

Considering a down payment of 10% (€6,490), the amount to be financed would be €58,410. With an average interest rate of 3.4% over 20 years, the monthly payment would be approximately €341 (calculation based on current rates and standard loan conditions).

With an announced rental yield of 10.16%, the gross annual rent would be approximately €6,600 (calculated from the purchase price and yield). After deducting estimated charges of 20% (about €1,320), the net rental yield would be around €5,280 per year.

The DPE class is not specified in the source sheet. However, if the apartment has been recently renovated, it is likely to be classified at least in D. The estimated annual energy cost for an apartment of this size could be around €800 to €1,200 (estimate based on average public data in the sector).

If energy renovation work is needed to improve the DPE class, several aids can be mobilized, such as MaPrimeRénov' and Energy Savings Certificates (CEE). The amounts of aid vary but can reach up to €20,000 depending on the work done (estimate based on current professional rates).

The apartment is located near the Eurotéléport hub, which offers direct access to tram and metro lines, facilitating travel to Lille and other municipalities. The nearest metro station is about 500 meters away, with a frequency of 10 minutes during peak hours (source: Lille Métropole Public Transport, 2023).

The neighborhood offers a variety of shops, including supermarkets, bakeries, and restaurants, all within walking distance. Additionally, several schools are located nearby, which can be an asset for potential tenants (source: INSEE, 2023).

Roubaix is classified in a moderate flood risk zone, according to Géorisques data. It is advisable to check technical diagnostics to ensure there are no issues related to humidity or flooding (source: Géorisques, 2023).

It is imperative to request the mandatory diagnostics, including the DPE, the state of risks and pollution (ERP), and the lead exposure risk assessment, especially for an old property. These documents are essential to ensure the safety of the purchase (source: Construction and Housing Code, 2023).