An investment apartment for sale in Warsaw, Poland.
The apartment is located on the border of Saska Kępa and Grochów in the Praga Południe district, very close to Rondo Wiatraczna, one of the most recognizable communication points in Warsaw. The Rondo Wiatraczna metro station is to be built in a few years, which will significantly increase the value of the property. There are tram and bus stops directly under the building. The exact address of Grenadiers 40. In the near distance, there are numerous universities: – SWPW University of Humanities and Social Sciences in Warsaw – University of Social Sciences and Humanities in Warsaw – University of Entrepreneurship in Warsaw – University of Arts in Warsaw – University of Information Technology, Management and Administration in Warsaw – additionally a great connection to the Center – 10 minutes which will ensure tenants’ constant interest. The 53 m2 apartment is located on the 4th floor of a brick tenement house and has been divided into 5 single rooms with kitchen in the annex, bathroom and separate toilet. The flat is high (2.70 m), thanks to which the interiors are spacious and comfortable. The apartment has undergone a general renovation. All installations are new. The bathroom, toilet and kitchenette are plugged into separate ventilation chimneys. The works were carried out according to the chimney sweep taking care of the building. Each of the rooms on a separate electrical circuit. The flat is fully equipped. Paints in the common areas and on the walls in the rooms highly washable. Additional washers at the light switches and high sides of the couches reduce the need for frequent refreshing of the walls. Central heating comes from the city network and its cost is calculated according to the size of the apartment. Hot and cold water also comes from the municipal network. To meet the expectations of tenants, the apartment has been furnished and equipped to a higher standard. In addition to a modern induction hob or microwave, the apartment also has a washer-dryer.
The flat is currently being rented.
Rooms area in the apartment and current rental prices:
Room 1: 6.5 m2 PLN 1050 + PLN 180)
Room 2: 6.9 m2 – PLN 990 + PLN 180
Room 3: 7 m2 – PLN 1050 + PLN 180)
Room 4: 7.4 m2 – PLN 1050 + PLN 180
Room 5: 9.5 m2 – PLN 1090 + PLN 180
Rental income: Monthly PLN 6,130 (PLN 5,230 income from rental, PLN 900 income from lump sum for utilities)
Sale price 630,000 thousand
Rental yields- ROI 9,96% !!!
The lump sum for utilities covers all costs: heating, advance payments for water, rubbish, administrative fees to the cooperative and renovation fund – with 5 people reported.
Calculations of profitability without management.
Legal status: The flat is fully owned by KW, it is possible to buy it on credit or for cash. The property can be depreciated with an accelerated 10% depreciation rate per year, so you don’t have to pay rental tax.
Possible sale with or without management. Rent guarantee possible.
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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