3-room apartment 71.67 m² in Hem - €279,900, energy performance certificate not specified

The displayed price for this apartment is €279,900 for a surface area of 71.67 m², which gives a price per m² of €3,903.73 (calculated from the displayed price and the declared characteristics).

In the Hem market, the median price of apartments is estimated at €3,200 per m² according to DVF data (Property Value Data) from 2022. Thus, this apartment is positioned above the market median, with a gap of 21.9% compared to the median.

In terms of trend, apartment prices in Hem have increased by about 5% over the last 12 months, indicating a growing market. This trend is supported by increased demand in the region, particularly for recent properties like this one, built in 2018.

For a purchase at €279,900, notary fees are estimated at around 7% for an older property, which is approximately €19,593 (calculation based on current professional scales). The total acquisition cost would therefore be €299,493.

Considering a 20-year loan at the current average rate of 3.4% with a 10% down payment (€27,990), the amount borrowed would be €251,910. The monthly payments would be around €1,470 (calculation based on current interest rates and standard loan durations).

For an investor, the gross rental yield could be estimated at 6% if the monthly rent is set at €1,400, which would give a net yield after charges of 4.5% (estimation based on local market rents).

The Energy Performance Diagnosis (DPE) is not specified in the listing, which is a point to clarify with the seller. Generally, for an apartment built in 2018, one can expect an energy performance class between B and C, which corresponds to an estimated annual energy consumption between 50 and 80 kWh/m² (estimate based on recent construction standards).

Taking a consumption of 70 kWh/m², the annual energy cost could be estimated at around €500 (calculation based on the average electricity price in France).

Regarding renovations, if the DPE were to be improved, aids such as MaPrimeRénov' could be mobilized, offering up to €7,000 for energy efficiency work.

The apartment is located in the heart of Hem, in immediate proximity to shops and transportation. Hem train station is about 1 km away, offering frequent connections to Lille, which is an advantage for professionals.

In terms of education, several schools and colleges are within walking distance, with satisfactory academic results.

The neighborhood is also well-served by green spaces, contributing to a pleasant quality of life. The demographics of Hem show a population of about 20,000 inhabitants, with a median income of €22,000 per year, which is slightly below the national average.

According to data from Géorisques, the municipality of Hem is not particularly exposed to major natural risks such as floods or landslides. However, it is recommended to check mandatory diagnostics such as lead and asbestos, especially in older buildings.

Regarding the PLU (Local Urban Planning), it is important to verify the current construction and urban planning rules, especially if work is planned.

Finally, it is essential to inquire about rent control, which could affect profitability for an investor, especially if the property is intended for rental.

By comparing this apartment with other similar properties in the Hem area, it is noted that the price per m² is higher than the market median. For example, 3-room apartments in the same area generally sell between €3,000 and €3,500 per m².

The advantages of this apartment include its recent construction, two parking spaces, and its balcony, which are sought-after criteria by buyers. On the other hand, the lack of a specified energy performance certificate (DPE) could be a disadvantage to consider during negotiations.