RENOVATION PROJECT – RESTORATION OF A PERIOD HOUSE + CREATION OF A SECOND INDEPENDENT HOME WITH ROOF TERRACE
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bathrooms
1
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area
237 m2
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bedrooms
6
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land
310 m2
Presentation of the property : House 9 rooms for sale in LUC SUR ORBIEU
This property is offered with a redevelopment proposal to transform a period townhouse, an adjoining annex and a former wine barn into two independent homes, one of which features a spacious roof terrace.
The proposal restores the main house while converting the annex and part of the barn into a second independent home. It also includes the creation of a roof terrace above the barn while retaining a large garage on the ground floor.
Architectural visualisations have been produced to help buyers immediately understand the transformation potential.
THE EXISTING PROPERTY
The property offers 379 m² of built space, comprising:
a 155 m² period house arranged over three floors, requiring refurbishment;
a 77 m² independent annex to renovate;
a former wine barn providing 100 m² on each level, directly connected to the annex.
The main house retains many original period features, including cement tiles, decorative mouldings, a marble fireplace, generous ceiling heights and beautiful original timber floors.
The current layout is as follows:
Ground floor: entrance hall, hallway with staircase, separate kitchen, dining room and living room.
First floor: landing, two spacious bedrooms, shower room and separate WC.
Second floor: two additional bedrooms, one with access to a storage room and the attic.
The 77 m² annex is arranged over two floors and currently comprises:
Ground floor: entrance, living room and kitchen.
First floor: bedroom, additional room and shower room with WC.
The former wine barn provides 100 m² on each level.
The proposed project retains the ground floor as a garage while combining the annex with the upper floor of the barn to create a second independent home with a large roof terrace.
PROJECT VISUALISATIONS
The visualisations illustrate one possible redevelopment of the property and are intended to help prospective buyers appreciate its transformation potential. They are provided for guidance only and are not contractually binding.
ESTIMATED RENOVATION BUDGET
An initial renovation estimate places the total works budget at approximately €170,000, including:
Site clearance and waste removal.
Complete renovation of the annex.
Construction of the roof terrace.
New kitchen and bathroom for the main house.
Electrical system review and upgrading.
Heating and air-conditioning system review.
Decoration and finishing works.
Contingency allowance.
Estimated total renovation budget: €170,000.
A detailed cost breakdown is available on request.
HOLIDAY RENTAL POTENTIAL
The proposed redevelopment creates a second independent home with three bedrooms, a roof terrace and a private garage.
As an indication, the property could accommodate 6 to 8 guests, with an estimated nightly rate of €220 to €300, representing a potential annual turnover of €26,400 to €36,000 based on 120 nights of occupancy per year.
KEY FEATURES
379 m² of built space
Character period house
Independent annex
Former wine barn with 100 m² on each level
Redevelopment project creating a second independent home
Large roof terrace
Architectural visualisations included
Estimated renovation budget available Les honoraires sont à la charge du vendeur.
Les informations sur les risques auxquels ce bien est exposé sont disponibles sur le site Géorisques : www. georisques. gouv. fr.
Réseau Immobilier CAPIFRANCE - Votre agent commercial (RSAC N°991 112 012 - Greffe de NARBONNE) Gilles BOISSELET Entrepreneur Individuel 06 03 30 59 18 - Réf.962777
Additional information :
Total price including fees 220 000 €Fees payable by the seller
Location of the property : House 237 m2 for sale in LUC SUR ORBIEU
Features of this property :
| 340 930 309 528 | |
| 6 | |
| 9 | |
| 237 m² | |
| 310 m² | |
| 1 | |
| 1883 |
| Fireplace | |
| yes |
| 220 000 € |
Average energy prices indexed as of January 1, 2021 (subscriptions included)
Capifrance advisor in charge of this property
To obtain a mortgage, it is necessary to compile a loan application file with a bank or a credit institution. The conditions for granting a loan generally include a personal contribution, job stability, a reasonable debt-to-income ratio, and a good repayment capacity. It is advisable to compare offers from different institutions to get the best terms.
In addition to the purchase price of the property, several additional costs should be anticipated, such as notary fees (approximately 7 to 8% of the sale price for an older property), agent fees, loan application fees, insurance, as well as potential renovation or furnishing costs.
The difference between a sales agreement and a sales promise lies mainly in the commitment of the parties and the consequences in case of non-compliance with the terms of the contract.
Sales agreement: Strong mutual commitment between both parties. If one party withdraws, the other can demand the forced execution of the property sale.
Sales promise: Unilateral commitment from the seller. The buyer has the option to purchase or not, with a reservation fee in case of non-purchase.
. Contact a Real Estate Advisor
Express your interest in the property for sale.
. Propose a Price and Purchase Conditions
Indicate the offered price and conditions (timeline, contingencies, etc.).
. Wait for the Seller's Response
The seller can accept, reject, or propose a counteroffer.
. Formalize the Sale
If the offer is accepted, sign a sales agreement and verify the legal documents.
Finalize your financing if necessary.
Sign the deed of sale at the notary's office to officially become the owner.
These steps will help you secure and successfully complete your real estate purchase.
Do you need advice for your real estate project? Contact a Capifrance advisor
