Apartment block for sale

Investment property - Appartementbulding

Come discover this investment property located in Monceau-sur-Sambre, offering a gross rental yield of approximately 10%.

With over 200 m² of living space, this complex represents an excellent opportunity for investors seeking a profitable property with real potential for further optimization.

The building consists of 2 apartments, 2 studio apartments, 3 garages, and a commercial space that is currently vacant. The ground floor is rented for €645, including utilities; the first floor for €745, including utilities; and the studio apartments for €550 and €580, including utilities. The 3 garages are rented for €60, €60, and €80 per month, with the latter featuring a motorized door. The property thus generates €2,720 per month, or €32,640 per year.

The potential can be further increased through the commercial space, either by re-leasing it or by potentially converting it into living space, subject to the necessary zoning approvals.

The possibility of developing space above the garages could also be considered to create new residential units, again subject to planning approval.

An investment that is already performing well today, with even greater potential for appreciation in the future.

ENERGY PERFORMANCE: PEB No. 20180619003874 - PEB: G - Specific Energy Consumption: 694 kWh/m² - Total Energy Consumption: 193,522 kWh/m² per year.
Make an offer starting at 325,000 euros, subject to the owner’s acceptance.