This investment opportunity in Geluwe offers a set of three ready-to-move-in apartments located at Ieperstraat 56. The property is priced at €385,000 and consists of three separate units spread across two floors, each featuring two bedrooms, a living area with an open kitchen, a bathroom, and a storage space. The ground floor apartment measures 65 square meters and has an EPC rating of D, currently rented at €495/month (indexed to €592.20). The first-floor apartment is 61 square meters with an EPC rating of C, also rented at €495/month (indexed to €597.70). The second-floor unit, which is vacant, spans 65 square meters and can be rented for €625/month. Each apartment comes with its own private basement storage, modern electrical systems, and maintains a quality label with no defects. Built in 1996, the property features gas heating, double-glazed windows, and has a calculated specific primary energy consumption of 260 kWh/m²/year, with the EPC certificate valid until February 2030. There is no lift or special access for individuals with disabilities, but the property ensures a solid investment with no asbestos present. Situated in a non-flood zone area of Geluwe, this property is free from any zoning restrictions associated with protected or flood-prone areas. Its facade is 7 meters wide on a plot that matches this width. While the property lacks a loft and veranda, it presents a sound investment profile with stable rental income and the potential for full occupancy. The cadastral income is set at €1,410 annually, making this property not only a profitable venture but also a secure one in terms of long-term rental demand. Want to know more?
2 Bedroom(s) 200 m² 1 Bathroom(s)