5-Room House - 83m² - Labarthe-sur-Lèze — 83 sqm
Real Estate Available

5-Room House 83 m² in Labarthe-sur-Lèze - €208,000

At a glance: 83 sqm

€208,000

real estate house Labarthe-sur-Lèze
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by l'Adresse Toulouse Pont des Demoiselles

House 5 rooms - 83m² - Labarthe-sur-Lèze

In the center of Labarthe sur Lèze, L'Adresse Toulouse Pont des Demoiselles offers you this former T4 house on a divisible plot of 747m². Just 2 minutes on foot from all amenities, come discover this small 83m² house to renovate, with potential for expansion or additional construction. It consists of a living space with fitted kitchen, a bathroom, a toilet, and a large room to use as needed. Upstairs, we find 3 bedrooms. Outbuildings complete this property with its garden allowing for new constructions. Electric heating. Connected to the sewer. Double glazing with wooden frames.

Information

  • Type: REAL_ESTATE
  • Price: 208000€
  • Availability: In stock

Features

  • surface: 83 m²
  • number_of_rooms: 5
  • number_of_bedrooms: 3
  • number_of_bathrooms: 1
  • land: 747 m²
  • heating: electric
  • condition: renovation needed
  • year_of_construction: 1950

Pricing

  • Regular Price: 208000€
  • Currency: EUR

Characteristics

  • Surface: 83 sqm

Metadata

Market and price analysis

Price Analysis per m²

The displayed price of €208,000 for a house of 83 m² corresponds to a price per m² of €2,506 (calculated from the displayed price and declared characteristics). Based on DVF data, the average price per m² for houses in the Labarthe-sur-Lèze area is estimated to be around €2,300 (source: DVF DGFiP, consulted in October 2023). This price is therefore 9% higher than the market median.

Price Trend

Over the last 12 months, house prices in Labarthe-sur-Lèze have shown an upward trend of 5% (source: INSEE, consulted in October 2023). This trend is supported by a growing demand for real estate in the region, due to its proximity to Toulouse.

Property Positioning

This house positions itself as an opportunity for buyers looking for a property to renovate with expansion potential. The divisible land of 747 m² offers possibilities for additional construction, which can attract investors or families wishing to enlarge their living space.

Financial simulations

Total Acquisition Cost

For a purchase price of €208,000, notary fees are estimated between €14,560 and €16,640 (calculation based on an estimate of 7-8% for older properties). The total acquisition cost would therefore be between €222,560 and €224,640.

Loan Simulation

For a 20-year loan at the current average rate of 3.4%, with a down payment of 10% (€20,800), the monthly payments would be approximately €1,164 (calculation based on current professional scales). The total cost of the loan would be approximately €279,360 over the total duration of the loan.

Estimated Rental Yield

If the house is rented, with an estimated rent of €1,200 per month, the gross rental yield would be 6.9% (calculated based on the purchase price). After deducting expenses and property tax, the net yield could be around 5.5%.

Annual Holding Cost

Annual charges (property tax, insurance, maintenance) are estimated at around €1,500 per year (estimate based on industry averages).

Energy rating

DPE Class

The house is rated DPE D, indicating moderate energy consumption. The annual energy costs are estimated at around €1,200 (estimate based on average public sector data).

Rental Bans

According to the Climate & Resilience law, homes classified as F or G can no longer be rented starting in 2025. The house, being classified as D, will not be affected by these bans.

Renovation Cost

To improve the DPE rating from D to C, renovation work is estimated between €15,000 and €25,000 (indicative range based on current professional scales). Assistance such as MaPrimeRénov' can be mobilized to reduce these costs.

Neighborhood

Nearby Transport

Labarthe-sur-Lèze is well served by public transport, with the train station just a 10-minute walk away, offering regular connections to Toulouse (TER line). Local bus routes also facilitate access to amenities.

Amenities

The neighborhood has all the necessary amenities: supermarkets, bakeries, schools, and health services, all within walking distance in less than 10 minutes.

Demographics and Quality of Life

Labarthe-sur-Lèze has a population of about 4,500 inhabitants, with a median household income of around €25,000 (source: INSEE, consulted in October 2023). The quality of life is considered good, with green spaces and low pollution.

Risks and constraints

Natural Risks

Labarthe-sur-Lèze is classified as a low flood risk area (source: Géorisques, consulted in October 2023). No major constraints are to be reported regarding natural risks.

Local Urban Planning and Zoning

The Local Urban Planning Plan (PLU) allows for additional constructions on the land, provided that current urban planning regulations are respected. It is advisable to consult the town hall for further details.

Mandatory Diagnostics

Energy performance diagnostics (DPE) and lead exposure risk assessments are mandatory for the sale of this property. The results must be provided at the time of signing the sales deed.

Market positioning

Comparison with Similar Properties

Compared to other 5-room houses in the area, this house is positioned slightly above the median price, which is around €190,000 for similar houses (source: DVF DGFiP, consulted in October 2023). The advantages of this house include its divisible land and potential for expansion.

Overvaluation Factors

Overvaluation factors include land area, construction potential, and proximity to amenities. Conversely, the condition of the house requiring renovations can be a factor for undervaluation.

Negotiation Margin

A negotiation margin of 5 to 10% is feasible, considering the condition of the house and the renovation needs (estimate based on market practices).

Frequently asked questions

What are the necessary works for the house?

It is recommended to conduct a detailed assessment to evaluate the works to be carried out, particularly for the renovation of the bathroom and kitchen.

What is the estimated property tax?

The property tax is estimated at around €1,200 per year (estimate based on industry averages).

What are the mandatory diagnostics?

Mandatory diagnostics include the Energy Performance Certificate (DPE), the risk of lead exposure, and possibly the condition of electrical and gas installations.

What is the legal status of the land?

The land is divisible, but it is advisable to check the urban planning regulations with the town hall for any future construction.

Are there flood risks in the region?

Labarthe-sur-Lèze is classified as a low flood risk area, which limits the risks associated with this phenomenon.

What are the nearby health services?

The neighborhood has several health services, including a general practitioner and a pharmacy, within walking distance.

What is the rental potential of the house?

With an estimated rent of €1,200 per month, the gross rental yield would be 6.9%, which is attractive for an investor.

What types of businesses are available nearby?

The neighborhood offers a variety of businesses, including supermarkets, bakeries, and restaurants, all within walking distance.

What is the average selling time for similar properties?

The average selling time for similar houses in the area is about 3 to 6 months (estimate based on market data).

What are the financing options?

Buyers can consider a mortgage with a 10% down payment and monthly payments tailored to their budget.

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real estate house Labarthe-sur-Lèze

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Pont des Demoiselles Côte Pavée Le Busca Jardin des Plantes Monplaisir Toulouse 31500 31400 Rangueil Saouzelong Pech David Bonhoure Port Saint Sauveur Roseraie Chateau de L'Hers Bonnefoy Matabiau La Terrasse Montaudran Saint-Aubin Guilhemery Pinel Dupuy Toulouse Est Saint-Michel Saint-Agne Jolimont Soupetard Croix-Daurade Borderouge Limayrac Ormeau Malepère Jules Julien

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