Paris-Isle of France, Paris

A40931DPE75 - Area details included in the price:
- Apartment (lot 20) --> Weighted area 130.28 m² = €12.895/m²
- Total living space --> 143.86 m² floor space ; 116.69 m² Carrez law
Room details: Lower duplex --> Entrance hall 5.58 m² ; Living room 35.10 m² ; Separate kitchen 8.08 m² ; Bedroom 18.94 m² ; Bathroom/WC 13.22 m² ; Toilet 2.60 m² ; Hallway 1.82 m². Upper duplex --> Hallway 6.17 m² ; Bedroom 1 - 14.41 m² ; Bedroom 2 - 14.86 m² ; Shower room 9.30 m² ; Bedroom 3 - 12.88 m² ;
- Cellar no. 2 (lot 22) --> 4.37 m² valued at €2,500/m²
- Total shares --> 944/10,000ths of the building's common areas

Features: Energy rating EPC E/B, beautiful location with Henry IV secondary school at the end of the street, spacious and well-located, small, manageable co-ownership property, overlooking the street and courtyard, sunny with a mainly south-facing aspect, some refurbishment and work required to modernise this very sunny property, separate fitted kitchen, 12 double-glazed windows, numerous cupboards and storage space, ceiling height between 2.20m and 2.44m, 4th and 5th floor out of 5, two flats per floor, secure building (Vigic + intercom + reinforced door), lift, individual electric heating (hot) and air conditioning (cold), high-speed fibre optic internet in the building, regular maintenance work in the building, freehold and no building renovation voted or planned, charges €305/month including maintenance of common areas + cold water + lift, property tax €3263/year, ideal for families or as a pied-à-terre, home accessible to persons with disabilities and reduced mobility and also perfect as an office for independent professionals.

Investment corner :
- Projected furnished rental potential = €35 / m2 / month = €4.560 €/month = 3.26% projected yield (Ref. Drihl : Rent reference = €29.20/m² and increased rent reference = €35/m²).
- Ideal flatsharing --> 4 bedrooms possible for an increased income of +17 to 25%

On the edge of the Sorbonne and Saint-Victor administrative districts, this old building dating from 1750, which was upgraded in 1981, plus the addition of a lift, comprises 5 floors above ground level and includes 19 apartments. It stands on a 524m² plot located 220m from the Cardinal Lemoine metro station (L10) and 320m from the Place Monge station (L7). Famous Henry IV secondary school is 195m away. Vélib bike station is just a stone's throw away.

5th Arrondissement - The historic heart of the Latin Quarter has been a centre of scholarship and intellectual achievement for centuries and takes its name from the Sorbonne, where Latin was the common tongue for all students during the Middle Ages. This arrondissement is one of the oldest districts of the city where traces of the area's past survive in such sites as the Arènes de Lutèce, a Roman amphitheatre, and the Thermes de Cluny, a Roman thermae. It remains a major draw card thanks to sights such as the Pantheon, the Sorbonne University, the botanical gardens known as the Jardin des Plantes. The neighbourhood has the feel of a small village and students mix freely with professionals in its winding streets. The market street of Rue Mouffetard is a primary artery where shops, international restaurants, bars and cafes are found.