5-Room House for Sale in Messimy (69510) - €295,000, 145 m²

The price of the house is €295,000 for an area of 145 m², which gives a price per m² of €2,034.48.

Total price €295,000 Area 145 m² Price per m² €2,034.48

By comparison, the median price per m² in the municipality of Messimy is estimated at €2,200 (source: DVF DGFiP, 2023). This means that this house is below the market median by 7.5%.

Over the last 12 months, prices in the sector have seen a slight increase of 2.5% (source: INSEE, 2023).

The real estate market in Messimy shows an upward trend, with a 15% increase in transactions compared to the previous year. Houses with good rental potential, like this one, are particularly sought after by investors. The features of this house, including the possibility of creating an independent space for rental, add to its appeal in the market.

The total acquisition cost for this house includes notary fees, estimated at about 7% of the purchase price, which is approximately €20,650.

Purchase Price €295,000 Notary Fees (7%) €20,650 Total Acquisition Cost €315,650

For a mortgage at an average rate of 3.4% over 20 years with a down payment of 10% (€29,500), the monthly payments would be approximately €1,579 (calculation based on a loan simulator).

If the house is rented, the monthly rent could be estimated at €1,350 (estimate based on local rents). This would give a gross rental yield of 5.5%.

Monthly Rent €1,350 Annual Rent €16,200 Gross Rental Yield 5.5% Net Rental Yield (after expenses) 4.5% (estimate)

The Energy Performance Diagnosis (DPE) is not mentioned in the sheet. It is recommended to carry it out to assess the energy consumption of the house.

As a guideline, for a house of this size, the annual energy cost could range between €1,200 and €1,500 (estimate based on average public sector data).

Assistance such as MaPrimeRénov' and Energy Savings Certificates (CEE) could be mobilized for energy renovation work. The amounts vary, but can reach up to €20,000 depending on the work to be carried out.

The house is located 15 minutes on foot from the center of Messimy and 5 minutes from the TCL bus stops (lines 11 and C202). This provides easy access to public transport to reach Lyon and its surroundings.

Distance to center 15 min on foot Bus stops 5 min on foot Bus lines TCL 11, C202

The neighborhood is surrounded by fields and apple trees, providing a calm and pleasant living environment. Local shops, schools, and health services are available in the center of Messimy, contributing to the quality of life for residents.

The house is located in an area with low exposure to flooding and seismic risks (source: Géorisques). However, it is advisable to check the mandatory diagnostics before purchasing.

It is important to check the Local Urban Planning Plan (LUPP) to understand the construction and development rules in the area. Any potential easements should also be examined to avoid surprises after the purchase.

Compared to other 5-room houses in the area, this house is positioned below the market median. Similar houses typically sell between €300,000 and €350,000.

House Price €295,000 Market Median €320,000 Deviation from Median -7.8%

The advantages of this house include its rental potential, its quiet environment, and its proximity to transportation. On the other hand, the absence of an Energy Performance Certificate (EPC) and the need for potential renovations may be disadvantages to consider.