4-room Apartment - 81.7m² - Lille Wazemmes — 81.7 sqm, elevator
Real Estate Available

4-room apartment 81.7 m² for sale Lille Wazemmes - €359,500

At a glance: 81.7 sqm · elevator

€359,500

apartment Lille Wazemmes garden secure parking
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by QDG Immobilier - Quentin Debels-Gemmrich

4-room Apartment - 81.7m² - Lille Wazemmes

Just a few steps from the famous Wazemmes market, shops, the metro, and all amenities, discover this superb property of 86.3 m², 81.7 m² Carrez, within a recent and secure residence. From the entrance, you will be charmed by a magnificent living room of approximately 36 m², bathed in light thanks to its large openings onto the garden. The open kitchen, fully furnished and equipped, integrates perfectly with the living space to offer a friendly and modern setting. Outside, enjoy a pleasant private garden of about 50 m², ideal for sharing meals with family, hosting friends, or simply enjoying the beautiful days in complete tranquility. Upstairs, the landing leads to three bedrooms, including one of more than 12 m² plus closets, as well as a modern bathroom with a bathtub and a separate toilet. A secure parking space completes this property, a real asset in the area.

Information

  • Type: REAL_ESTATE
  • Price: 359500€
  • Availability: In stock

Features

  • surface: 81.7 m²
  • number_of_bedrooms: 3
  • year_of_construction: 2019
  • type_of_kitchen: equipped American
  • heating: individual (city gas)
  • exposure: South-West
  • number_of_levels: 2
  • number_of_floors: 3
  • elevator: true
  • handicap_access: true

Pricing

  • Regular Price: 359500€
  • Currency: EUR

Characteristics

  • Surface: 81.7 sqm
  • Amenities: elevator

Metadata

Market and price analysis

Price per m² and market trend

The listed price for this apartment is €359,500, which translates to a price per m² of €4,397.67 (calculated from the listed price and the Carrez area of 81.7 m²). For comparison, the median price per m² for an apartment in Lille is approximately €3,500 according to DVF (Données de Valeurs Foncières) data from 2022. This places this apartment above the median of the Lille market, which can be justified by its features such as the private garden and secure parking.

Over the last 12 months, apartment prices in Lille have seen an increase of about 5%, reflecting a general upward trend in the real estate sector of the Lille metropolis. Neighborhoods like Wazemmes, known for their vibrancy and proximity to amenities, are attracting more and more buyers, particularly families and young couples.

Estimation based on average public sector data.

Financial simulations

Total acquisition cost

For a purchase price of €359,500, notary fees are estimated between 7% and 8% for an older property, approximately €25,165 to €28,760.

  • Total acquisition cost: €359,500 + €25,165 to €28,760 = €384,665 to €388,260.

Loan simulation:

  • Amount borrowed: €359,500 - 10% down payment (€35,950) = €323,550.
  • Current average interest rate: 3.4% over 20 years.
  • Estimated monthly payment: €1,834 (calculated with a standard loan simulator).

Rental yield: If this apartment is rented, with an estimated monthly rent of €1,200 (based on the local market), the gross rental yield would be 4% (€1,200 x 12 months / €359,500). The net yield, after deducting charges (estimated at 20% of rents), would be around 3.2%.

Energy rating

Energy performance certificate and energy costs

The Energy Performance Diagnosis (DPE) is not specified in the listing, but it is essential to verify it before purchase. Recent apartments generally have a DPE between A and C. Assuming a DPE of C, the annual energy consumption could be around €1,200 (estimate based on average energy rates in France).

Renovation costs: If the DPE is below C, renovation work may be necessary. Renovation costs to improve the DPE by one class can vary between €10,000 and €30,000, depending on the current state of the property and the work to be done.

Available aids: Aids such as MaPrimeRénov' may be available to finance part of the energy renovation work.

Neighborhood

Amenities and transportation

The apartment is located near the Wazemmes market, an iconic place in Lille, known for its variety of fresh products and lively atmosphere. The neighborhood also offers many shops, restaurants, and local services.

  • Transportation: The Wazemmes metro station is about a 5-minute walk away, providing quick access to downtown Lille and other neighborhoods. Bus lines also serve the area, facilitating travel.
  • Schools: Several educational institutions are present in the neighborhood, ranging from nursery to high school, which is an asset for families.
  • Demographics: The Wazemmes neighborhood is characterized by a young and dynamic population, with a median income of around €22,000 per year, making it an attractive area for first-time buyers and families.

Risks and constraints

Natural risks and regulations

The Wazemmes neighborhood is subject to flooding risks, although the risk level is moderate according to Géorisques data. It is advisable to check technical diagnostics and urban planning documents (PLU) before purchase.

  • PLU and zoning: The Local Urban Plan (PLU) of Lille should be consulted to know the construction and development rules applicable to the property.
  • Mandatory diagnostics: Before the sale, the seller must provide a technical diagnostics file, including the DPE, the state of risks and pollution, as well as the lead exposure risk report if the property was built before 1949.

All tags

apartment Lille Wazemmes garden secure parking

About QDG Immobilier - Quentin Debels-Gemmrich

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La Madeleine Marcq en Baroeul Lambersart Lille Vieux Lille Saint André lez lille

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