ROI 8,1% – TWOPACK for sale – 2 studio flat – Great Location Warsaw/ Bielany

For sale 2 separate fully equipped studios on one KW.

Location: The apartment is located at 5 Andersena Street, 800 m (10 min on foot) from Wawrzyszew metro station. It takes 16 minutes to get to the center of the city M1. There is “Little Auchan” next to the building. The surroundings are very quiet and green.

 Price: PLN 606,000

Apartment prepared for long-term rental.

There is a general overhaul of: floors, walls, smoothing, electricity, plumbing, new fittings, change of arrangement of residential space by an architect with full permissions. Renovation supervised by the construction manager with full rights.

The property has an area of 48.5 m2 and consists of two separate apartments:

Studio no.1 – 24.1 sq m

studio no.2 – 23.88 sq m.

Each apartment is fully furnished and equipped with a kitchenette with household appliances (induction hob with carbon hood, oven, fridge, washing machine, TV) and has its own toilet with shower cubicle and toilet.

The apartments have separate bedrooms with large, unspreadable beds for one or two people.

Building:

In the building: renovation of staircases (during the duration of our investment). The cooperative operates dynamically and takes care of common parts. The building was built in the 80s. Under the block there are free parking spaces, there is no problem with parking in the middle of the day or after work.

Return on investment:

Rent from rental: Studio no. 1 – 2,200 PLN | Studio no. 2 – 2,300 PLN | Total 54,000 PLN

Admin fee 411 PLN/mc | 4,932 PLN/year

Income from lease without management 4089 PLN/mc | 49,068 PLN/year

ROI without management: 8,1%

Management costs 15%

Income from lease with management 3,414 PLN/mc | 40,968 PLN/year

ROI with management 6.76%

Price per sq: 12 495 PLN

As a real estate agency, we charge a commission fee.
Contact us to organise a viewing of the property and discuss all the details regarding this investment.

Are you looking to invest in real estate in Poland?
Just contact me right now:
+48 731 930 500
or
[email protected]