Buy to let for sale in Poland, Lodz
I am pleased to present occupied investment apartment for long-term rental which consist of:
8 shared rooms
Location: City center(śródmieście),Lodz
Address: Kosciuszki street
Area: 90.8 m2
Type of building: Tenement house
Neighborhood: The flat is located in the center of Łódź. It is a very good location for both students and working people, there will be no problem to rent it out. A few minutes from the pedestrian street Piotrkowska, 2 stops to the workshop, very good connections with universities. Since the apartment is located in the courtyard, it is quiet. One parking space belongs to the apartment.
(Currently, the entire apartment is rented (8 tenants) and generates revenue of PLN 6,025 (including flat fees PLN 150 / person) I think that it will be possible to rent a total of PLN 6,300 in the season.)
Condition of the apartment: after the renovation and replacement of all installations
Return on investment:
Income from the lease without management 8 rooms x (600 net profit, utilities) 4800/monthly | 57.600PLN/year after costs
ROI without management: 9,6 %
Management costs 20 %
Income from lease with management 3, 840PLN/monthly | 46,080PLN/year
ROI with management 7,68%%
Price: PLN 600 000
Price per sq: 6607.93 zł/m²
Contact us to organize a viewing of the property and discuss all the details
regarding this sale offer.
Are you looking to buy, rent or invest in real estate in Poland?
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+48 731 930 500
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