Apartment block for sale

Apartment building

Investment property in the heart of Namur - premium location and strong rental potential
DOWNTOWN . In a popular pedestrian street, this investment property represents a great investment opportunity. It combines a sought-after location, immediate rental income and real optimization potential.
The building currently comprises 9 residential units, ranging in size from 45 m² to 72 m². Its configuration offers a variety of accommodation: studios with mezzanine, 1- and 2-bedroom apartments, etc
The current distribution is as follows:
-first floor: 2 1-bedroom apartments;
1st floor: 1 1-bedroom apartment and 1 apartment with mezzanine bedroom;
2nd floor: 1 x 2-bedroom apartment and 1 x 1-bedroom apartment;
-top floor: 2 apartments with mezzanine bedrooms.
As part of the urban planning regularization process, the vendors have obtained a permit for 7 units, thus providing a clear basis for the future purchaser to continue bringing the property up to standard.
From a technical point of view, the property has a number of solid assets: compliant electricity, PEB for apartments ranging from B to E, current rental income of X.
Thanks to its central location in the immediate vicinity of shops, transport and schools, this building is highly attractive to tenants, resulting in an excellent occupancy rate.
Potential rental yield: 5353.79euros/month