Former water mill, an investment opportunity on mains drainage with potential for multiple dwellings – ID 2202191

Located in a peaceful setting just 1 km from the town center of Saint-Jean-d'Angély, with its shops, restaurants, and services, this former watermill, connected to mains drainage, offers significant investment potential. Subject to obtaining the necessary permits, it could be converted into several dwellings or a hospitality business. Previously comprised of multiple houses, it is suitable for a large family home, a multi-unit residential project, or a hospitality business, again subject to obtaining the required permits. However, renovation and conversion work will be required to fully realize its potential. The ground floor features an entrance hall, a living room, a large kitchen, and a remarkable character room that once housed the mill's machinery. Now converted into a bar, it maintains a unique connection to its history thanks to several glazed openings that allow views of the water flowing beneath the building. Two bedrooms, a shower room, and a separate WC complete this level. All rooms benefit from double glazing and heating provided by a heat pump. On the first floor, the various spaces offer numerous layout possibilities. Part of the property could be converted into a self-contained apartment comprising a kitchen, living room, shower room, and toilet, while another section already has several rooms that can be reconfigured to suit the future owner's needs. The second floor includes a self-contained four-room apartment with mains gas heating and a separate meter, offering immediate rental potential. Another section of this level has already been insulated and is ready for conversion. Outside, several outbuildings and storage spaces complete the property. The garden is one of the property's major assets: located at the canal's fork, it is bordered by water on two sides and offers a particularly pleasant and unique setting, directly linked to the mill's history. Thanks to its layout, this property lends itself to numerous development projects. In an area where the rental market remains limited, creating additional housing could represent a particularly attractive opportunity, subject to obtaining the necessary permits. A rare property offering significant volumes and multiple possibilities for development, in the immediate vicinity of the centre of Saint-Jean-d'Angély while benefiting from a quiet environment.

3 bedroom house

Saint-Jean-d'Angély, Charente-Maritime, France