Two apartment buildings - 6 rental units
Opportunity for investors, yield 10% p.a.
Two buildings in a quiet street close to transport links for a total of 6 rental units:
- 3 apartments [Building before]
- 1 studio [Front building]
- 1 3-bedroom duplex [Rear building]
- 1 workshop [Back building]
Current leases (building fully leased):
[Front building]
- First floor, Rented - Rent: €700
- 1st floor, Rented - Rent: €750
- 2nd floor, Rented - Rent: €750
- 3rd floor, Rented - Rent: €700
[Back building]
- Apartment - Rented: €775
- Warehouse - Rented: €800
TOTAL RENTAL INCOME of €4,475 per month / €53,700 per year
(10% yield)
Full details:
[Front building]
-First floor: 30m² studio with living room, kitchen, shower room and toilet.
-1st, 2nd, 3rd floors :
Three apartments (1 per floor - 55m2 floor plates) including
kitchen, living room, shower room and wc, 1 bedroom
-Basement:
Various cellars, meter room
[Rear building]
-First floor: 1 Workshop/Warehouse (120m² gross): 3 large rooms, shower room, sink and toilet;
1st floor (73m²) and 2nd floor (35m²):
1 duplex comprising entrance hall, shower room and wc, kitchen, living room, terrace (17m²), internal staircase to 2nd floor, 3 bedrooms and hall on 2nd floor
PEB:
[Front building] Ground floor: G, 1st: F, 2nd: F, 3rd: G
[Rear building] Ground floor: G, 1st: G
Frames: PVC DV
Separate meters
Condition: to be refreshed
Make offer from 550.000€
Translated with DeepL.com (free version)
