Apartment block for sale

435000€

8 bedrooms 354 square meters

Immoweb code : 21679377
Immoweb code : 21679377

Overview

8 bedrooms
1 bathroom
354 square meters livable space
158 square meters of land

Description

Opbrengsteigendom met 3 verhuurde entiteiten op strategisch…

This income property is centrally located on the outskirts of Ostend, at Heilig-Hartlaan 3, with good accessibility and close to shops, public transport and green areas. The building sits on a plot of 157.80 m² and comprises three full apartments and a spacious basement level with separate storage rooms.

Layout and features:

Each apartment has a similar functional layout with a bright living room (front lounge and dining area), a semi-fitted kitchen, a separate toilet, a shower room (on the upper floors) and two bedrooms.

The ground-floor apartment (101 m²) additionally has a courtyard and a bathroom with a bathtub.
The first- and second-floor apartments (98 m² and 155 m² respectively, including the attic level) each have a balcony, with potential to expand the bathroom by integrating that space.

The duplex apartment on the second floor also includes the attic level, where two extra bedrooms and an additional bathroom are located.

Financial:

The building is fully let, providing a stable monthly rental income of €2,104.

Apartment 0001 (101 m²): rented for €639.07 – EPC: 423
Apartment 0101 (98 m²): rented for €693.91 – EPC: 250
Apartment 0201 + attic (155 m²): rented for €771 – EPC: 327

Technical:

All apartments have a compliant electrical installation (blank inspection report).

This property represents an attractive investment with immediate income and further optimization potential.


1) Administrative measures in the measures register: no
2) Urban planning designa…

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