10 bedroom Mill for sale with panoramic and lake or river views in Sache, Centre

1,590,000 EUR 1,367,400 GBP 1,717,200 USD

Reference: 242554

Bedrooms: 10
Bathrooms: 8
Floor Size: 517 m2
Plot Size: 1.41 hectares / 3.49 acres

Features

Balcony
Terrace
Lake or River Included
Fireplace
Possible Extra Dwellings
Outbuildings
Potential for Income
Lake or River View
Panoramic View
Private
Quiet Area
Parking
Good Condition

Details

Original water mill arranged over 4 floors, located in a quiet setting in Sache:

Ground floor is a large reception room with fireplace (approximately 64m2), opening out to a terrace with panoramic views.

First floor: 2 double bedrooms, each with its own en-suite bathroom and separate WC's (22 and 23m2).

Second floor: 2 double bedrooms, each with its own en-suite bathroom and separate WC's (each approximately 24m2).

All 4 guest bedrooms have windows on 2 sides maximising the river views.

Third floor: a very large room in the eaves (approximately 68m2) with 2 Velux windows and an en-suite/WC. Could easily be converted into a guest suite.

There is also a family house arranged over 3 floors:
Ground floor has 3 interconnecting rooms all of which have doors and windows offering views and access to the garden and river; a spacious eat-in kitchen (approximately 31m2); a double-width reception room (approximately 45m2) with staircase to the first floor, and a further spacious reception room (approximately 28m2).

First floor: parental suite of approximately 50m2 comprising large bedroom, with access to a long wooden balcony; large bathroom with WC and dressing room. 2 further bedrooms of approximately 20m2, each with their own en-suite shower room and WC.

Second floor: double-width room currently dressed as a guest bedroom (approximately 31m2), further double bedroom (approximately 16m2); bathroom with WC. Storage, and large loft room (approximately 24m2) which could easily be transformed into a further bedroom.

There is also a single story outbuilding currently housing a laundry room and storage, and a generous office space ideal for working from home, or to be used as massage/treatment room.

Technical spec: mains drains, gas central heating, slate roofs in good order and insulated. Further insulation between floors in the mill. Fibre-optic internet available.

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France Property Buying Guide

1. Signing the Agreement (Compris)

On finding a property you wish to purchase you will need to negotiate the terms, price and conditions of the sale with the owner.

The next step, once you are in agreement, is to sign the preliminary contract (Compromis de Vente). This is a legal document and after ten days will be binding on both parties. Rules change frequently in France and it is best to consult with your notary about when this period starts. Generally the compris will be signed in France with the Agent.

Variants can be included in the compris, for example an Acte (clause) can be added if the name or names to go on the title deed have not been finalised. If a mortgage will be required to purchase the property, the details for this, including the name of the mortgage company, must be on the compris.

2. Paying the Deposit

Generally the deposit will be 10% of the agreed purchase price. This will normally be paid to the notaire. There are exceptions to this, if the agent holds a carte professionelle, is bonded and fully registered then you may pay them, but do not hand over the deposit to anyone else. If for some reason the purchase does not go through, for example, if you write to the notaire and the agent that you do not wish to go continue with the purchase before the contract is binding (within seven days of signing the compris), then your deposit would be repaid. This would also apply if a condition had not been met, or the mayor or S.A.F.E.R. (a government agency that has the right of first purchase on most rural property that comes onto the market in France) could oblige the purchaser to give way. If you decide after the seven days 'cooling off' period that you do not wish to complete the purchase and pull out of the sale you would lose your deposit. If however the vendor pulls out of the sale then you will receive your deposit back plus the same amount from the vendor.

3. On Completion

Generally it will take around two or three months to complete the purchase.

During this time the balance of the purchase money must be paid into the account of the notaire, this must be done well ahead of the completion date. The notaire will prepare the documents, check that the deed of sale (Acte de Vente) is in order and have the legal title ready to be signed over. It is possible to have someone sign on your behalf if you give them power of attorney. An interpreter may be of use at this point if your French is not very good and many Notaires will suggest (or insist) that an interpreter is with you.