House for sale

695000€

4 bedrooms

Immoweb code : 21970269
Immoweb code : 21970269

Overview

4 bedrooms
3 bathrooms

Description

1060 SAINT-GILLES – Fully Rented 6-Bedroom Shared House – Investment Opportunity

Located approximately 350 metres from the Parvis de Saint-Gilles, on Rue d’Andenne between Chaussée de Forest and Rue Vanderschrick, this pre-1930 Brussels townhouse is currently operated as a 6-bedroom shared rental property.

Fully rented, the property offers a turnkey investment opportunity for buyers seeking immediate rental income and hassle-free property management.

Financial Overview :
- 6 bedrooms rented at €515 per month each
- Rental income: €3,090 per month, or €37,080 per year
- Fixed utility and service charge of €100 per bedroom per month
- Gross rental yield: 5.3%
- Annual property tax: approximately €1,164

Property sold fully tenanted, with no rental vacancies

Rental management can be fully outsourced

The Property :
* The house offers approximately 143 m² (EPC), spread over a ground floor, three upper floors and a converted attic, as well as basement storage areas.
* It retains beautiful original architectural features, including a traditional double entrance door with glazed transom, decorative mouldings, ceiling roses, glazed interior doors and a staircase with balustrades.
* Ground floor: Tiled entrance hall and bright communal living room featuring high ceilings and two large street-facing windows. Modern fitted kitchen equipped with an oven, extractor hood and refrigerator.
* Upper floors: 6 bedrooms with laminate flooring and double-glazed windows. The attic bedrooms enjoy open views over the rooftops of Saint-Gilles.
* Bathrooms and facilities: 3 modern shower rooms, 4 toilets, a washing machine and a tumble dryer.
* The property is rented fully furnished.

Installations :
Vaillant condensing gas boiler installed in 2023, with thermostatic radiator valves and a room thermostat
Compliant electrical installation (inspection completed in November 2023, certificate valid until 2048)
Compliant gas installation (certificate issued in 2023)

Key Investment Highlights
✔ Immediate rental income – 100% occupied
✔ Strong rental demand in Saint-Gilles (students, young professionals and expatriates)
✔ Possibility of fully outsourced rental management
✔ Recent and compliant technical installations
✔ Prime location close to Parvis de Saint-Gilles, Brussels-Midi railway station and public transport

EPC: G – 469 kWh/m²/year – 67,238 kWh/year – 94 kg CO₂/m²/year

Information & Viewings

Sacha Cools
Tel.: +32 494 93 24 96
Email: [email protected]

Get in touch