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Bagnères-de-Luchon, Haute-Garonne
€320 000

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  • In the centre of mature parkland
  • Quiet setting close to Spa and shops
  • Exceptional views of the Pyrénées
  • Strong rental potential in a spa town
  • A building filled with character
  • DPE = 101 [C] GES = 23 [D]


This renovation project and investment opportunity is composed of two buildings which are attached to one another. One was built in 1910 and the other in 1980. The entire property has a footprint of 175m2 and a habitable area of approximately 300m2. It comprises 11 residential units of varying sizes which are spread over three floors.

The property, called Villa des Roses, is situated in the centre of parkland of 1700m2 and is only 200 metres from the thermal baths of Bagnères de Luchon. It is only 10 minutes by foot from there to the centre of town. Currently 7 units (3 studios and 1 x T1, 2 x T2 and 1 x T3 apartments) are let to people taking advantage of the thermal cures available in town or for skiing holidays.

The property also includes an old garage which could be demolished and replaced with a small house or new garage block (subject to the appropriate permissions being granted).


ABOUT THE AREA

In the southern section of Haute-Garonne and in the heart of the Pyrénées, Luchon is a true mountain town nestling in majestic countryside which is infused with the magic of its setting. The town is surrounded by 13 of the most impressive of the summits in the mountain range including Aneto which, at 3404 metres high, is the highest point in the Pyrénées. Luchon is a popular and lively holiday destination, attracting visitors throughout the year, including walkers, people seeking a thermal cure, skiers, lovers of water sports, mountain bikers and cyclists taking less strenuous holidays.


IMPORTANT TO KNOW

French Properties Direct markets property on behalf of the vendor who is selling privately. We will forward any enquiry you make to the vendor who will contact you personally. The vendor reserves the right to withdraw the property from sale at any time prior to a compromise/promesse de vente being approved and signed by both parties. The property information and photographs we have published have been provided by the vendor. We publish them in good faith, but cannot warrant their accuracy, completeness or legality. Please confirm the exact location of any property we advertise with the vendor as the location indicated on any maps provided may not be exact. There is no estate agency commission to pay us if you buy this property following an introduction by us.


BASEMENT

120m2

Cellars and boiler room

GROUND FLOOR

Studio apartment 1

20m2

Suitable for seasonal rentals with bathroom (shower) and WC

Studio apartment 2

22m2

Suitable for seasonal rentals with bathroom (shower) and WC

Studio apartment 3

25m2

Suitable for seasonal rentals with bathroom (shower) and WC

Unit to renovate

25m2

Kitchen plus bedroom

Unit to renovate

30m2

Kitchen plus living room

FIRST FLOOR

Apartment 4

36m2

Suitable for seasonal rentals, with living room, kitchen, bedroom and bathroom (shower and WC)

Apartment 5

28m2

Suitable for seasonal rentals, with bedroom, kitchen and bathroom (shower and WC)

Apartment 6

64m2

Suitable for seasonal rentals with living room/kitchen/dining room, 2 bedrooms, bathroom (shower and bath) and WC

SECOND FLOOR

Apartment 7

25m2

Suitable for seasonal rentals with bedroom, kitchen and bathroom/WC.

Unit to renovate

22m2

Apartment with bedroom and kitchen

Unit to renovate

55m2

Two bedrooms, bathroom with WC and attic area

OUTBUILDING (TO DEMOLISH)

An old garage provides the ideal place to build a small dwelling in grounds of approximately 22m2 or to construct a block of 5 or 6 garages (STC).

GROUNDS

The property is in the centre of a small park of around 1500m2 which has mature trees and shrubs. The setting is tranquil with delightful views of the Pyrénés including the mountains comprising the Massif de la Maladetta.

ADDITIONAL INFORMATION

Recent income

In 2018 seasonal rental income was in the region of 18 600€.

Heating

8 units are heated with cast iron radiators fed by a gas boiler (town gas) which was first put into service in 2012. The three remaining units have no heating other than portable electric radiators.

Drainage

Independent drainage.

Habitable area of potentially 300m2 across 3 floors

The footprint of the property is in the region of 175m2

Total land area = approx. 1700m2

Tax fonciere = 2 991€ in 2018.

Closest shops and services

It is 200m to the spa and 10 minutes' walk to the town centre


Ref 10648
Bagnères-de-Luchon 31110
County: Haute-Garonne
Sale Type: For Sale
Ref #: 10648
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