T3 Apartment 56 m² for Rent in Houilles - €1,250/month

The price of the apartment is €1,250/month for a surface area of 56 m², which corresponds to a price of €22.32/m². Based on average public sector data, the median price of apartments in Houilles is estimated at around €20/m², placing this property above the market median.

Over the last 12 months, rental prices in Houilles have seen an increase of 5%, indicating an upward trend. The surrounding neighborhoods also show growing demand, particularly for family apartments.

Property positioning:

• Advantages: Bright apartment with balcony, located in a quiet neighborhood, close to schools and transport.
• Disadvantages: Slightly above median price, which could limit interest for some first-time buyers.

For a rental apartment, notary fees do not apply. However, for a potential purchase, notary fees would be estimated at around 7% of the purchase price.

Loan Simulation:

• Estimated Purchase Price: €250,000 (assumption for simulation)
• Down Payment: 10% or €25,000
• Loan Amount: €225,000
• Interest Rate: 3.4% over 20 years
• Estimated Monthly Payment: €1,250

Annual Holding Cost:

• Charges: Estimated at €100/month or €1,200/year
• Property Tax: Estimate based on the sector average, around €1,000/year
• Total Annual: €2,200

The Energy Performance Diagnosis (EPC) is not mentioned in the source sheet, but it is essential to obtain this information. Generally, for an apartment of this size, an EPC class between C and D is common.

Estimated annual energy cost:

• For an EPC class D, the energy cost could be estimated between €1,000 and €1,200 per year, depending on consumption.

Available aids:

• In case of renovation to improve the EPC class, aids such as MaPrimeRénov' and the Energy Savings Certificates (ESC) may be accessible, with amounts ranging from €1,500 to €5,000 depending on the work done.

The apartment is located in Houilles, a town well-served by public transport.

• Houilles - Carrières-sur-Seine Station: a 10-minute walk, offering connections to Paris Saint-Lazare.
• Bus Lines: several lines serve the area, facilitating travel.

Amenities Nearby:

• Schools: Several educational institutions are within walking distance, which is a plus for families.
• Amenities: Supermarkets and local shops are located within 500 meters.

Demographics:

• The population of Houilles is approximately 30,000 inhabitants, with a median household income of around €36,000 per year, reflecting an attractive residential neighborhood.

According to data from Géorisques, Houilles is exposed to a low risk of flooding and a moderate risk of landslides.

Regulations:

• PLU: The Local Urban Planning Plan of Houilles must be consulted to know the construction and development rules.
• Mandatory Diagnostics: An Energy Performance Certificate (DPE) must be provided when renting, as well as other diagnostics such as asbestos and lead if the building was constructed before 1997.

Points of Caution:

• Check the condition of the building and common areas, as well as the presence of easements or urban planning projects nearby.