LARGE HOME WITH RENTAL POTENTIAL

Two steps away from the very famous market place Place du Marche Neuf with its fantastic 28 waterfall fountain, in the heart of the old Saint Germain en Laye. Only few minutes walk from the house, you will be able to discover one of the most famous monuments: the castle that was one of the principal residences of all the French Kings such as Louis XIV. The highly reknowned international school offers 12 different international sections from English to Japanese, attracting a well cultivated French and international population. The old town of Saint Germain en Laye boasts cultural and sports institutions as well as small shops and luxurious boutiques.

This buy to let residential house is separated into 2 parts, the main house and an attached duplex of 64 sq metres with private entry and individual heating. The main house may be purchased with or without the duplex, which could very easily be made into part of the main house. The first floor of the duplex boasts an American style kitchen with open floor plan to the lounge. The second floor holds two bedrooms and a bathroom with bathtub.

The house surrounds an inside courtyard with very elegant stonework and landscaping. When entering the elegant gates, you discover the old facade of the home, renovated with wood beams and natural stones. The equipped ground floor kitchen offers hard wood floors and Spanish tiles. You'll also find four bedrooms (two with en suite bathrooms) and an additional bathroom with shower and bathtub. Just next to the kitchen is a charming room with multiple uses, continuing the ambiance with wood beams and natural stone that overlooks the quiet courtyard. On the other side you see a two level extension with bay windows leading to a 25 sq metre terrace that also overlooks the courtyard, which is covered and perfect for enjoying the surroundings.

Only 5 minutes walk from the RER station, which takes you to the centre of Paris in 25 minutes. This opportunity is a very moderate risk investment, as less than half of the population in Saint Germain own their own property so there is a high rental demand. The rental yield is very high, as you could get up to 4,9% for the entire house. The duplex can be easily rented and combined with the location, is a perfect solution for a student's requirements.

This investment is a perfect opportunity to live in a posh suburb close to Paris with a very high life style. Perfect for a family or professionals who work from home. It is very rare to find such a large home in the town centre of Saint Germain.


SAINT GERMAIN EN LAYE
France, Paris / Ile de France, St-Germain-en-Laye

Chalets / Villas / Estates 221m? to 285m? ?1,241,000 to ?1,600,200


Classic - Buy to Let
EXPECTED RENTAL INCOME UP TO: 4.90%