Flat - Montrouge

• Asset type: Flat
• Area: Montrouge
• Floor area: 17.73 sq m
• Reference: 212635
• Price incl. agency fees: €94,000

The agency is offering for sale a flat on the 1st floor of a co-ownership building, in a sought-after area of Montrouge, right next to Paris. This property is an ideal opportunity for an investor or for a renovation project with long-term value creation.

With a Carrez area of 17.73 sq m, this flat faces south-east, enjoying good natural light throughout the day. Set in a dynamic urban environment, it is close to shops, services and transport links that quickly reach the capital and the main business hubs of the Île-de-France region.

The flat requires complete renovation, offering the opportunity to entirely rethink the layout and fittings to suit your needs. The windows are currently single-glazed, and the heating and hot water systems need to be recreated, which allows for a comprehensive energy renovation. The wall coverings and floors also need redoing.

The property offers strong potential for improvement after works, estimated at around €2,500 per sq m, i.e. around €44,000 of renovation for a complete upgrade.

Located in a highly sought-after part of the Hauts-de-Seine, Montrouge appeals through its immediate proximity to Paris, its dynamism and its transport links (notably the metro and bus lines quickly reaching the capital’s main districts). This attractive urban setting makes it a prime location for a buy-to-let investment or a pied-à-terre.

Key features: - Property type: Flat - Floor: 1st floor - Carrez area: 17.73 sq m - Aspect: South-east - Condition: requires complete renovation - Windows: single glazing - Heating and hot water: to be recreated - EPC: G - Estimated works: around €44,000

This property is an excellent investment opportunity in an area of high rental demand, with potential for value creation after renovation.

Information on the risks to which this property is exposed is available on the Géorisques website https://www.georisques.gouv.fr