Sedan, Ardennes 08200

iad France - Richard Tunick offers: INVESTMENT BUILDING - Haussmannian Style - Sedan To be seized: potential for the creation of 7 apartments with a target profitability of more than 10% Location: Located on the heights of Sedan, only 5 minutes from the city center. A 2-minute walk from the Château de Sedan, the largest fortified castle in Europe, and only 5 minutes from the future casino (scheduled to open in 2028), a guarantee of economic and tourist dynamism. Current composition: Ground floor: * T2 ~40 m² to be completely renovated, electric heating - target rent: 480 HC (with private outdoor access) * T2 ~40 m² to be completely renovated, electric heating - target rent: 480 HC (with private outdoor access) 1st floor: * T4 ~92 m² to be completely renovated, partial DV, gas heating - possibility of dividing into 2 T2 ~46 m² - target rents: 2 450 excl. VAT 2nd floor: * T4 ~90 m² to be completely renovated, gas heating - possibility of dividing into 2 T2 ~45 m² - target rents: 2 450 3rd floor: * Plateau ~70 m² (100 m² on the ground), possibility of creating a T3 - target rent: 650 HC Exteriors: courtyard and garden - DV partial PVC - possibility of creating 6 storage boxes (30 /month each). Investor Highlights: Potential of 7 lots + possible creation of 6 boxes in the courtyard (additional income 2,160/year) Ground floor with private exterior access (reinforced rental value) Rental projection after work: 40,560/year (excluding box) 42,720/year with box Target profitability: 12.1% gross / 9.5% net (with box, property tax 2,500 included) Technical information Acquisition price: 126,000 Renovation work (estimate drawn up): 234,000 Roof: additional cost estimate ~30,000 Property tax : 2 500 Agency fees to be paid by the seller. Energy display information on this property: ENERGY class E index 306 and CLIMATE class E index 67. Information on the risks to which this property is exposed, including the legal obligation to clear brush, is available on the Géorisques website:. This real estate advertisement has been written under the editorial responsibility of Mr. Richard Tunick, independent real estate agent (without holding funds), commercial agent of the SAS France registered with the RSAC of Sedan under the number 513 579 979, holder of the real estate canvassing card on behalf of the company France SAS.