Investment property for sale - Aalst RBS95098
Sint Jobstraat 193 9300 Aalst
1 350 000 €
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Description
This investment property is located at Sint Jobstraat 193 in Aalst, positioned conveniently on the outskirts of the city with easy access to the E40 and public transport. The location boasts close proximity to local dining and entertainment options, making it an attractive choice for potential tenants. The building comprises 14 individual studios, each featuring a living area, kitchenette, and a bedroom with an en-suite shower area. A communal terrace is available for all residents, providing space for bicycles, large waste bins, or temporary use for activities such as barbecues. The current rental income across the studios is approximately €6,664.71 per month, with potential for increase following renovation and re-letting of certain units. The building holds various EPC ratings from B to E, reflecting a diversity in energy performance across the studios. The rental rates for these studios range from €404.87 to €569.98 monthly, offering a reliable income stream for investors. The gross yield stands at 5.92%, and the net yield is calculated at 4.72%, based on 11 months of rental income and a purchase price multiplier. The property spans three floors and is part of a three-faced building configuration. It is classified as a residential urban area not situated in a flood zone, with all necessary utility connections including gas, electricity, and water in place. While there is no lift, the building is currently undergoing works to address both structural and administrative shortcomings, ensuring a smooth delivery upon completion. This property presents an excellent opportunity for those looking to invest in real estate with promising rental returns in a growing community. For further inquiries or to schedule a visit, potential buyers can contact Mikhail from Immo Zone.
* This text was generated using an artificial intelligence.
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- Price: 1 350 000 €
- VAT: No
Services
More information
General info
State of the property
To be renovated
Interior description
Number of bedrooms
14
Kitchen and bathrooms
Number of bathrooms
14
Number of toilets
14
Heating and energy
Type of heating
Gas
Equipment
Elevator
No
Outdoor description
Floor of appartment
0
Number of facades
3
Number of floors
3
Terrace
Yes
Gas
Yes
Electricity
Yes
Running water
Yes
Certificates and Compliance
EPC/PEB reference
14 EPC's, zie tekst
Certification - Electrical installation
Not applicable
Town planning and environmental risks
Building permission granted
Yes
Planning permission granted
No
Preemption right
No
Certification "As-Build"
No
Urbanism affectation
Residential zone (residential, urban)
Flooding Area type
no flooding area
Demarcated flooding area
(information not available)
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