apartment for sale Grenoble, Isère

Comptoir Immobilier de France offers you exclusively this renovated T4 apartment, cleverly transformed into a T5 , designed to maximize rental profitability. Located on Boulevard Joseph Vallier in Grenoble , this 69m2 apartment presents a turnkey opportunity for an investor looking to operate a successful and already established furnished shared accommodation . It is not subject to the rent control regulations in effect in the Grenoble metropolitan area. The current, well-designed layout allows for excellent profitability as a shared apartment with 4 bedrooms, ideal for investors: Currently, 3 out of 4 bedrooms are rented for €400.00 including utilities. The apartment is fully occupied, generating €1600/month in rent, representing a gross yield of 12.8%! Strongly positive cash flow when only notary fees are included, with a 20-year loan and taking into account rental vacancies! The apartment comprises: an entrance hall with storage, a fitted kitchen , four bedrooms (one with a balcony) , a bathroom , a separate WC, and a cellar in the basement. No work is required, apart from minor cosmetic updates. Located on the 9th floor with elevator access, the apartment enjoys a beautiful, unobstructed view of the Bastille and the surrounding mountains of Grenoble. Its dual aspect also ensures plenty of natural light. Investor advantages: Renovated and fully furnished apartment. PVC double glazing, custom-fitted kitchen, shared accommodation for 4 people including 3 students already in place. Strategic location with high rental demand : Bus and tram stop C Vallier at the foot of the building, access to the university campus and Grenoble city center, close to the train station, GEM business school and Grenoble IUT. Ideal for students or young professionals. Contact Claudia SCHIAVONE at (please use the form to respond )