3 bedroom Farmhouse for sale with Income Potential in Secondigny, Poitou-Charentes

404,255 EUR 347,659.30 GBP 436,595.40 USD

Reference: 245917

Bedrooms: 3
Bathrooms: 2
Floor Size: 120 m2
Plot Size: 2.14 hectares / 5.28 acres

Features

Good Condition
Garden
Land
Lake or River Included
Lake or River Adjacent
Build Pool
Fishing Facilities
Fireplace
Original Features
Outbuildings
Potential for Income
Private
Quiet Area
Parking
Garage
Traditional Style
Turnkey

Details

A great opportunity to purchase a turnkey business with scope to increase turnover with this delightful rural property that comprises two homes and 2 fishing lakes, all set within 10 acres of beautiful countryside in a small hamlet close to the village of Secondigny in the rolling valleys of the Gatine.

The accommodation sits at either side of a large barn. Both houses have a traditional,rustic feel with exposed beams, tiled flooring throughout and a wood burning stove. The first home has one bedroom with an open living area - kitchen / living room / dining room, a mezzanine level currently used as an office, wc and bathroom. It has its own private garden.
The second home, with accommodation all on one level, sits overlooking the smaller fishing lake. There is a large living room / kitchen (with walk-in larder) /dining area, two bedrooms, large bathroom with walk-in shower and a separate wc.
There is a large fenced garden and terrace area with direct access to the lakes. The centre of the stone barn is used for storage.
A further bay is currently used for a motor home. There is potential for conversion to additional accommodation if desired, subject to the relevant permissions.

The two spring fed fishing lakes (a coarse lake of 0.75 acres and specimen lake of 1.75 acres) are set in mature gardens of over 5 acres.
The lakes and gardens provide a relaxing environment, even if you do not want to fish.There are an abundance of tranquil places to just sit and relax.

Secondigny (1.5kms), has a good range of amenities, including a supermarket, bars and restaurants.
The largertown of Parthenayis 17kms, and Niort and St Maixent l'Ecole are 38 kms, both with TGV train connection.

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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.