Apartment block for sale

450000€

6 bedrooms 299 square meters

Immoweb code : 21753469
Immoweb code : 21753469

Overview

6 bedrooms
1 bathroom
299 square meters livable space
369 square meters of land

Description

BONCELLES – 4-UNIT INVESTMENT PROPERTY – €3,040/MONTH

BONCELLES (SERAING) – INVESTMENT PROPERTY – 4 RENTED AND SEPARATELY REGISTERED UNITS – €3,040/MONTH

An excellent property investment opportunity in Boncelles, near Sart-Tilman. The University Hospital of Liège, the University of Liège, shops, public transport and major roads can all be reached within a few minutes.

The property comprises four units that are currently rented, generating a combined monthly income of €3,040 including charges, or €36,480 per year. Based on an asking price of €450,000, this represents an indicative gross yield of 8.11%, calculated on rents including charges and before the deduction of expenses, property tax and other ownership-related costs.

Another significant advantage for investors is that each unit has its own cadastral identification and separate cadastral income. The total non-indexed cadastral income amounts to €1,795.

34/1 – Duplex: €1,200/month including charges – Cadastral income: €620
Private terrace and garden, cellars, PVC double glazing, wood-burning cassette stove, gas central heating and compliant electrical installation. EPC E – 405 kWh/m²/year.

34/21 – Attic apartment: €680/month including charges – Cadastral income: €475
Wood/PVC double glazing, gas central heating and compliant electrical installation. EPC C – 237 kWh/m²/year.

34/2 – Ground-floor studio: €580/month including charges – Cadastral income: €350
PVC double glazing, compliant electrical installation and valid rental permit. EPC D – 310 kWh/m²/year.

34/11 – First-floor studio: €580/month including charges – Cadastral income: €350
PVC double glazing, individual electricity meter, compliant electrical installation and valid rental permit. EPC C – 225 kWh/m²/year.

The property also offers potential to optimise the management and allocation of charges. Additional individual submeters could easily be installed to provide a more accurate breakdown of consumption among the occupants. A quotation is currently being prepared.

A fully operational investment offering immediate rental income, full occupancy, separately registered units and further optimisation potential.

Viewings and information: 04 254 18 77

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