House T7 220 m² for sale Cholet - €475,998, 6 bedrooms

The listed price for this house is €475,998, which corresponds to a price per m² of €2,164.45 (calculated from the listed price and the area of 220 m²). According to data from the DVF (Demand for Land Value), the median price of houses in Cholet is around €1,800 per m², indicating that this property is above the market median by 20.2%. Over the last 12 months, house prices in Cholet have increased by about 5%, reflecting a positive trend in the local real estate sector. This house is therefore positioned as a quality property, justifying its price by its features (6 bedrooms, swimming pool, garden).

For a purchase at €475,998, notary fees are estimated between 7% and 8% for older properties, or approximately €33,319.86 to €38,079.84. The total acquisition cost would therefore be between €509,317.86 and €514,077.84.

For a 20-year loan at an average rate of 3.4% with a 10% down payment (€47,599.80), the borrowed amount would be €428,398.20. The monthly payments would be around €2,515.14 (calculation based on current professional rates). If this purchase is intended for rental investment, the gross rental yield would be 5.5% (estimate based on average rents in the area).

The DPE class (Energy Performance Diagnosis) is not specified in the provided data. However, for a house of this size (220 m²), the annual energy cost can vary between €1,500 and €2,500, depending on the energy class. In case of renovation to improve the DPE class, costs can range from €10,000 to €30,000, depending on the extent of the work. Assistance such as MaPrimeRénov' can be mobilized, offering grants of up to €20,000 for energy renovations.

The house is located in Cholet (49300), a city well served by public transport, notably by regular bus lines. The nearest SNCF train station is about 3 km away, providing connections to Angers and Nantes. The neighborhood is quiet, with schools nearby (preschools and elementary schools) and shops within walking distance. The demographics of Cholet show a median income of about €22,000 per year, which is slightly below the national average. The quality of life is appreciated for its green spaces and sports facilities.

Cholet is located in a low flood risk area, but it is important to check local regulations regarding the PLU (Local Urban Plan) which may impose constraints on extensions or modifications to the house. Mandatory diagnostics include the DPE, lead, asbestos, and termites. In case of rental, it is essential to inquire about rent control, which is currently not applied in this municipality.

Compared to other T7 houses in the Cholet area, this property is above the median price, which is around €1,800 per m². Similar houses are priced between €400,000 and €450,000 for comparable features. The advantages of this property include its size, garden, and swimming pool, while the disadvantages may be its high price compared to the median. The negotiation margin could be estimated at about 5% due to current market demand.