Paris-Isle of France, Paris

A44815MAG75 - Features: Ready to move into following a fresh coat of paint; kitchen refurbished in 2015; north-facing, dual-aspect and bright. Flexible layout with the option to convert the two bedrooms into a larger living space, as originally designed. 2.79 m ceiling height, original features including a working fireplace in the dining room, living room and one of the bedrooms. Original ‘Point de Hongrie’ parquet flooring and ceiling mouldings. 3rd floor of 5. Secure building (Vigic + intercom/digital code and reinforced door), lift compliant with current standards, high-speed fibre optic broadband. Individual gas heating. Recent works by the owners’ association including roof repairs and refurbishment of the two courtyards. Work approved for refurbishment of the stairwell and the small rear courtyard. Service charge 224 € / month including maintenance of communal areas + cold water and lift. Council tax €1,832/year. Ideal as a first home, family apartment, pied-à-terre or investment.

10th arrondissement - Situated on the right bank of the River Seine. It is little known to tourists but houses hidden gems such as the Canal St Martin, linking with the River Seine. Strolling along the water’s edge at sunset will make you feel like you’re a true Parisian. This multi-cultural neighbourhood also contains a bohemian element and the cafes and restaurants along the Canal, makes it now a popular destination for both Parisians and tourists bringing new energy into the area. This edgy working-class area has become quite trendy in recent years with many young professionals and artists. Other main and attractions includes Place Sainte Marthe with its majestic trees and romantic streetlights, the historic Place de la Republique Marché St-Quentin, one of the best know covered food market, Gare du Nord (Eurostar) built during the 19th century. You can certainly count on Paris for the unexpected, yet completely delightful, museums, including the Museum de l’Eventail which houses a truly impressive collection of over 400 fans from the 18th century to the present day. Spending time here will make you feel like you’re in the “real” Paris.

Details of floor areas for the units included in the price:
- Flat No. 17 --> Weighted area 90.72 m² = €10,141 per m²
- Total living area --> 92.21 m² living area; 89.23 m² Carrez area
Room details: Hallway 4.06 m²; Living room 17.18 m²; Kitchen + dining room 21.21 m²; Bedroom 1: 11.38 m²; Bedroom 2: 10.01 m²; Bedroom 3: 13.47 m²; Shower room 6.5 m²
- Total share of common areas --> 620 / 10,085 of the building’s common areas

Investor information:
- Potential rental income (furnished): €30/m²/month --> €2,679 (ref: DRIHL or SeLoger) --> projected yield of 3.49%
- Ideal for shared accommodation --> 2 or 3 bedrooms possible, offering an increase in income of 17% to 25% --> projected yield of 6.20%

Located in the heart of the Porte Saint Denis business district, this five-storey building (including ground floor) was built in 1840. It comprises one block with a lift and contains 18 flats. It stands on a 357 m² plot, located 405 m from Bonne Nouvelle metro station (Line 8) and 428 m from Poissonnière station (Line 7). The Collège Bernard Palissy is 423 m away. A Velib’ station is just a stone’s throw away.