T2 House - 220m² - Merfy — 2-room, 220 sqm, 1 bedroom
Real Estate Available

T2 House 220 m² for Sale in Merfy - €207,900 | Orpi

At a glance: 2-room · 220 sqm · 1 bedroom

Brand: Orpi

€207,900

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by Orpi Agence Immobilière Cormicy - Azimut Immo

House T2 - 220m² - Merfy

In the heart of the village of Merfy, discover this authentic barn of 220 m² offering a magnificent potential for development with a plot of approximately 100 m². Ideally located, this building has beautiful volumes and a sound structure, allowing for the creation of a spacious family home or several housing units. A rare property on the market, ideal for renovation enthusiasts and investors.

Information

  • Type: REAL_ESTATE
  • Price: 207900€
  • Brand: Orpi
  • Availability: In stock

Characteristics

  • Rooms: 2-room
  • Surface: 220 sqm
  • Bedrooms: 1 bedroom
  • Features: barn, land, authentic, to renovate
  • Land Surface: 100
  • Property Type: HOUSE
  • Transaction Type: SALE
Energy
  • Is Exempt: Yes
Location
  • City: Merfy
  • Postal Code: 51220

Metadata

Market and price analysis

Price per m² and market trend

The listed price of the house is €207,900 for an area of 220 m², which gives a price per m² of €944.05 (calculated from the listed price and declared characteristics). In comparison, the median price of houses in the Merfy area is estimated at around €1,200/m² according to DVF (Land Value Data) from 2022. This places this house below the market median by 21.2%.

Over the last 24 months, house prices in the sector have shown an upward trend of 5%, with a notable increase in transactions in rural areas near Reims. The house, with its renovation potential, could attract buyers looking to invest in renovation projects.

Property positioning: Below the market median, which may represent an opportunity for buyers looking to renovate or invest.

Financial simulations

Total Acquisition Cost

The total acquisition cost for this house can be estimated as follows:

  • Purchase Price: €207,900
  • Notary Fees: Approximately 7% for an old property, or about €14,553 (estimate based on current professional scales).
  • Total Acquisition Cost: €222,453.

Loan Simulation:

  • Amount borrowed: 90% of the purchase price (€186,900)
  • Average interest rate: 3.4% over 20 years
  • Estimated monthly payment: €1,029 (calculation based on a standard amortization table).

Gross Rental Yield: If the house is rented after renovation, with an estimated rent of €1,200/month, the gross yield would be 7.7% (calculation based on annual rent divided by the purchase price).

Energy rating

DPE and energy cost

The house is currently exempt from DPE, which means that no energy class is assigned. This may limit rental opportunities starting in 2028, according to the Climate & Resilience law, which prohibits the rental of housing classified as F or G.

Estimated annual energy cost: In the absence of DPE, it is difficult to estimate the energy cost, but for a house of this size, it might be reasonable to estimate between €1,200 and €1,800 per year, depending on the insulation work to be done (estimate based on average public sector data).

Available aids: For renovation work, aids such as MaPrimeRénov' and Energy Savings Certificates (CEE) may be available, with amounts ranging from €1,500 to €5,000 depending on the work carried out.

Neighborhood

Transport and Amenities

The house is located in Merfy, a quiet village near Reims, offering a peaceful living environment. Public transport is limited, with bus lines connecting Merfy to Reims, about 10 km away. Local shops are available in the village, while Reims offers a full range of services, schools, and healthcare facilities.

Demographics: The population of Merfy is about 1,000 inhabitants, with a median household income estimated at €28,000 per year (source: INSEE, 2021).

Quality of Life: The village is appreciated for its calm environment, green spaces, and proximity to the city of Reims, making it an attractive place to live for families and retirees.

Risks and constraints

Natural Risks and Regulations

The house is located in a low flood risk area according to Géorisques data. However, it is important to check for any easements related to the property, especially those concerning old buildings.

Regulation: As a property to be renovated, it is essential to comply with current building standards and ensure that the work meets local requirements. Furthermore, the Climate & Resilience law imposes restrictions on renting out energy non-compliant housing starting in 2028.

Mandatory Diagnostics: Before the sale, it will be necessary to carry out the mandatory technical diagnostics, including the energy performance diagnosis (DPE) and the state of risks and pollution (ERP).

Market positioning

Comparison with Similar Properties

By comparing this house with other similar properties in the area, it appears that the price per m² of €944.05 is lower than the market median of €1,200/m². This could indicate a buying opportunity for investors or first-time buyers.

Factors of Overpricing or Underpricing: The characteristics of the house, such as its renovation potential and its location in a quiet village, are assets. However, the fact that it is under renovation may also pose a risk for some buyers.

Estimated Negotiation Margin: Given the listed price and the current market, a negotiation margin of 5 to 10% could be considered, especially if significant work is needed.

Frequently asked questions

What work is required for the renovation?

The work required will depend on the current condition of the house. It is advisable to get a quote from a professional to assess the renovation costs.

What assistance is available for renovation?

Assistance such as MaPrimeRénov' and the Energy Savings Certificates (CEE) can be mobilized to finance renovation work.

What is the estimated amount of notary fees?

The notary fees for this house are estimated at around €14,553, which is about 7% of the purchase price.

Are there flood risks in the area?

The house is located in a low flood risk area according to Géorisques data.

What are the mandatory diagnostics before sale?

Before the sale, it will be necessary to carry out an energy performance diagnosis (DPE) and a state of risks and pollution (ERP).

What is the estimated rental yield?

The gross rental yield is estimated at 7.7% if the rent is set at €1,200/month after renovation.

What is the median income in Merfy?

The median income per household in Merfy is approximately €28,000 per year (source: INSEE, 2021).

How to get to Reims from Merfy?

Bus lines connect Merfy to Reims, located about 10 km away, providing easy access to the city.

What are the advantages of living in Merfy?

Merfy offers a calm living environment, green spaces, and proximity to Reims, making it a pleasant place to live.

What types of projects are feasible with this house?

This house can be converted into a primary residence or rental units, offering an interesting investment potential.

Are there schools nearby?

Schools are available in the village and nearby in Reims, offering options for families.

What is the area of the land?

The land associated with the house is approximately 100 m².

What is the current state of the house?

The house is currently undergoing renovation, offering potential for development.

What are the advantages of buying in this sector?

Buying in this sector allows you to benefit from prices lower than the market median while enjoying a pleasant living environment.

How does the purchasing process work?

The purchasing process involves visits, negotiations, and conducting technical diagnostics before signing the deed of sale.

All tags

to renovate barn development potential quiet environment near Reims stone building large volumes rental investment real estate enhancement project land authentic sound structure creation of housing multiple units village rare on the market sale for sale purchase house house sale house for sale house purchase T2 F2 2 rooms 2-room house T2 house 1 bedroom 1 bedroom house 220m² 220 m² 220m2 more than 200m² 220m² house T2 house 220m² Merfy Merfy house Merfy house sale Merfy house for sale Merfy house purchase Merfy sale Merfy for sale Merfy purchase T2 Merfy 2 rooms Merfy T2 house Merfy 51220 Merfy 51220 department 51

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