Investment property/(renovation) project or retail space/commercial property with the rental of upstairs units - this property can do anything subject to a permit and is currently already included in the license register with a presumption of permits for 3 residential entities. You can always obtain further information from our office.
The building that we offer for sale here in Kapellen currently consists of 3 separate units, including a large ground floor area with a gigantic garden (23.67 m building depth considered licensed!) as well as a duplex residential entity (V1+V2) and one on the second floor.
Until recently (ground floor is empty), there was a total rental income of 26,460 euros per year - this brings the property in its current state to a possible net return of +/- 4.36% (+/ -4.68% professional seller)
After renovating this property, higher rents are certainly possible and therefore a potential return of +/- 3.8% to 4%, or gross +/- 4.8%, remains achievable.
Be sure to also check out our investment report when downloading this property on our website.
The layout of the property can either be maintained, but a completely new interpretation and/or expansion in terms of volume and number of floors can be viewed. Of course, this project is also suitable for selling the three units individually after renovation. In other words, all options are open for an investor.
VARIOUS:
- EPC: label D (glvl)/D (V2)/E (duplex)
- purchase modalities on behalf of a new implementation/renovation possible in consultation with the owner
Interested or more info? Feel free to contact us at click here or click here
This property has an excellent mobility score, based on the distance to nearby amenities.
For more information or to contact the seller:
View this property on ImmoVlan