Income Producing 8 bedroom Manor House for sale in Le Lude, Pays de la Loire
The spacious 'maison de maitre' is beautifully presented and maintained, with generous living space of 384m2, featuring high ceilings, tall windows, wall panelling and cornices, and all decorated to a high standard.
The property has mains gas central heating, single-glazed windows. It is well maintained, with extensive work over the past 5 years including: new roof over the owners' accommodation, updated shower rooms, attic conversion, wood burner, swimming pool, repainted facade, wood store, charger for elec...
The spacious 'maison de maitre' is beautifully presented and maintained, with generous living space of 384m2, featuring high ceilings, tall windows, wall panelling and cornices, and all decorated to a high standard.
The property has mains gas central heating, single-glazed windows. It is well maintained, with extensive work over the past 5 years including: new roof over the owners' accommodation, updated shower rooms, attic conversion, wood burner, swimming pool, repainted facade, wood store, charger for electric cars.
ENTRANCE HALL (1.48x6.2m) with wooden floor and murals, double doors to OFFICE on left, double doors to guest breakfast room on right with further double doors leading into dining room, and REAR HALL (9.67x3m) with tiled floor straight ahead.
Staircase in rear hall leads up to the 5 guest bedrooms. Guest living room off the rear hall, and stairs down to vaulted WINE CELLAR.
B&B: BREAKFAST ROOM (5.3x3.75m): wooden floor, window overlooking garden DINING ROOM (5.3x4.92m): parquet floor, fireplace, 2 French doors to courtyard garden, window GUEST Living room (4.81x3m), with wood paneling
UPSTAIRS LANDING (9.67x3m): wooden floor, window, large fitted cupboard 5 BEDROOMS ranging from 20m2 to 31m2 (including individual en-suite shower rooms with WC): wooden floors or quarry tiles, 4 overlooking courtyard garden
Staircase to LAUNDRY ROOM, UPPER LANDING, 2 further en-suite BEDROOMS
OWNERS' APARTMENT: Access from the office and the rear hall into sitting room, which leads to the kitchen, utility room and private stairs up to bedroom with en-suite shower room with WC, and small dressing room. SITTING ROOM (5.6x5.6m): fireplace, tiled floor, large window and French doors to the garden KITCHEN L-shaped (6.58 x 5.84 m widest): tiled floor, bespoke oak units and island, window and 2 glazed doors to patio area in garden, with WC and BOILER ROOM
OUTSIDE
Spacious COURTYARD, fenced off POOL AREA, wood store, private owners' garden.
Perfect opportunity for anyone looking for either a magnificent family home, or a livelihood in France. To continue with the B&B, it could be up and running almost immediately, subject to negotiation.
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This Manor House is located in Le Lude in France
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Buying a Property in France
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.