Renovation Opportunity in a Historic Foundry Town Undergoing Exciting Regeneration—Great Potential!

This property offers an incredible opportunity in the heart of a historic foundry town undergoing significant regeneration, with the Lot River now nearly fully navigable. The property features a shop front and a spacious commercial room, offering excellent potential for business ventures. Inside, there is a kitchen, three bedrooms, and several outbuildings, all centred around a rare, large garden—uncommon for a town property. Ready for a complete renovation, this versatile space can be transformed into a large family home or multiple apartments. It's an ideal investment for a visionary looking to capitalise on the town’s revitalisation.

Located in the historic town of Fumel, in the Lot-et-Garonne, this property presents a unique opportunity for those seeking a renovation project with significant potential. The house, currently in need of full refurbishment, offers extensive accommodation across three levels, including the possibility to expand the living space into the loft area.

Ground Floor:

The ground floor is composed of several rooms, each with a distinct purpose, but all requiring renovation. Upon entering, you are greeted by a salon that leads to a commercial space, ideal for a business venture given the property’s prime location. Adjacent to the salon is the kitchen, which, while in need of modernisation, offers a functional layout. A cold room provides additional storage space, while a laundry room and WC add to the floor's practicality. The ground floor also features two cellars, perfect for wine storage or as utility spaces, and a courtyard that could be transformed into a charming outdoor area.

First Floor:

The first floor hosts the main living quarters, all requiring significant updates. There are three bedrooms, each offering ample space and natural light, though they will benefit from a complete renovation to meet modern standards. A bathroom and a second WC serve this level, and there is another laundry room which could be repurposed to suit your needs. The first floor also features a terrace that overlooks the garden, a rare find in town properties, providing a private outdoor space for relaxation or entertaining.

Second Floor:

The second floor is where the property’s potential truly shines. Here, a large loft area is ready to be converted into additional living accommodation, whether that be extra bedrooms, a home office, or even a self-contained apartment. This level also includes a storage room and a landing, both of which could be integrated into the expansion plans.

Location and Potential:

Fumel is a town rich in history, once a thriving industrial hub known for its foundries. Today, it is a town in transition, undergoing significant regeneration, especially with the Lot River now nearly fully navigable, opening up new possibilities for tourism and commerce. The town is well-connected, with good transport links to nearby larger towns like Villeneuve-sur-Lot and Cahors, making it an attractive location for both residents and tourists.

The surrounding area offers numerous attractions, including historical sites, beautiful countryside, and opportunities for outdoor activities such as hiking, cycling, and river sports. The town itself has a range of amenities, including shops, restaurants, and schools, ensuring convenience for daily living.

This property, with its combination of commercial and residential space, large garden, and the potential to expand into the loft, is an ideal investment for someone looking to create a large family home or multiple apartments. With the ongoing regeneration of Fumel and the town’s rich history and evolving prospects, this property is perfectly positioned to benefit from the future growth of the area.
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Information about risks to which this property is exposed is available on the Géorisques website : https://www.georisques.gouv.fr