Investment property for sale - Warchin VBD38578

Nestled in the tranquil surroundings of Warchin, this investment property presents an exceptional opportunity for savvy investors seeking immediate rental income and future growth potential. Located at Vieux Chemin d'Ath 4, this fully renovated building is an ideal addition to your real estate portfolio, featuring two well-maintained apartments that generate a combined monthly rental income of €1,665. Recently renovated six years ago, the property requires no further immediate work, offering peace of mind and a straightforward investment. The building’s technical features include gas heating, individual meters for each unit, and comprehensive updates to the roof, installations, and interior finishes, ensuring a modern and efficient living environment for tenants. With a healthy yield of 5.5%, based on the purchase price of €360,000, this property embodies both stability and growth potential in a quiet neighborhood near Tournai. The ground floor hosts a two-bedroom apartment with a generous private garden, providing a sought-after outdoor space that enhances its appeal. Currently leased at €800 per month, this unit offers stable income with its spacious layout and direct access to outdoor amenities. The first floor features a duplex apartment with four bedrooms and two bathrooms, complemented by a large 30 m² terrace that extends the living space outdoors — an attractive feature for tenants looking for comfort and outdoor leisure. The second-floor layout maximizes space and functionality, making it suitable for families or shared living arrangements. The total annual rental income of nearly €20,000 demonstrates the building’s consistent profitability. An added advantage is the flexibility to explore further value enhancement through potential co-living arrangements, which could boost rental returns. Located just ten minutes from Tournai, this property benefits from excellent connectivity to major transportation routes while being situated in a peaceful area that appeals to tenants seeking quietness and stability. The promising mix of high rental yields, reliable tenants, and the opportunity for future value appreciation makes this well-maintained building an attractive option for investors aiming for long-term success. Whether you are seeking a secure income stream or looking to expand your property portfolio in Belgium, this property offers a compelling combination of stability, potential, and prime location. For more information or to arrange a viewing, contact Pierre Cornet at CPandCo Immo via phone or email.

* This text was generated using an artificial intelligence.

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