Apartment block for sale

Worry-free investment: 6 renovated student units

Investment property with 6 licensed student rooms, €45,480 annual rental income, 5.5% yield

Located in a strategic area in Mechelen, this fully renovated building consists of 6 licensed and 100% rented units. It generates €3,790/month, or €45,480/year, corresponding to a 5.5% yield at an asking price of €830,000. The new owner benefits from immediate and stable cashflow from day one.

The property was fully renovated in 2024, both technically and aesthetically. Electricity, plumbing, central heating and the roof were completely renewed in line with current standards. This results in an investment without structural maintenance or replacement costs and with minimal technical risk, making it ideal for investors seeking security and low management burden. EPC rating C.

On the ground floor: entrance hall with fire control system and smoke hatch, a separate and secured bicycle storage behind a gate, and a spacious technical storage room. The first floor features a shared living area with lounge and dining space, a fully equipped custom kitchen (induction hob, combi oven, extractor hood, dishwasher and fridge/freezer), a separate toilet and a partially covered terrace. This floor also includes a front-facing studio with private bathroom, kitchenette, loft bed and built-in storage.

The five additional rooms each offer a private shower and sink, double bed, desk, built-in wardrobes, microwave, fridge with freezer, videophone and shutters. The entire building features custom-made cabinetry in lacquered MDF and Corian worktops, ensuring a uniform, durable and low-maintenance finish.

The property holds a compliance certificate, operating permit and kot label. Fire safety and technical installations are compliant. All units are currently rented, making the investment fully operational with no vacancy risk.

This is not a renovation or optimisation project, but a turnkey investment with immediate income, strong rental demand and minimal operational concerns. Full documentation (lease agreements, certificates, technical files) available upon request.