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Scoop: Apartment for sale in Mechelen with 5 bedrooms

AEPCA
170
5
5
Description

Rented student residence with +4% return in Mechelen

This fully licensed student residence with 5 rooms combines immediate income with the comfort of a total renovation. Ideal for those looking for a carefree, ready-to-invest investment.

Located in the former Neuskapel, this characterful historic (but not protected) income property with 5 rented student rooms is situated, generating an annual rental income of €34,140 and a gross initial yield of 4.56% (net 4.18%).

The residence has been completely renovated according to contemporary standards for quality student housing. It includes two ground floor student rooms and three spacious duplex rooms, each equipped with a private bathroom with shower, toilet, and sink, as well as their own intercom. In addition, residents have access to a common living area and a fully equipped kitchen.

The solar panels and compliant technical installations contribute to a future-oriented and low-maintenance income property.

Advantages
• Annual rental income of €34,140
• Gross yield of 4.56% - net yield of 4.18%
• Fully licensed
• Registered lease agreements
• Compliance certificate and Flemish Kotlabel
• Fire detection system compliant with the strictest standards
• Solar panels
• Within walking distance of campuses, shops, train station, and public transportation.

Financial

Cadastral income
1.611 €
Cadastral info
Wooneenheid
Availability
Immediately

Building

Type of property
Apartment
Subtype
Flat
Surface
170 m²

Terrain

Most recent urban destination
Residential area

Location

Public transport nearby
Yes
Motorway nearby
Yes
School nearby
Yes

Layout

Number of rooms
5
Number of bedrooms
5
Number of bathrooms
5

Comfort

Air conditioning
Yes
Parlophone
Yes
Furnished
Yes

Energy

EPC score (kWh/(m² years))
76
EPC label
A
Unique code EPC
12025-G-OMV-2022156126/EP14809/A001/D01/SD001

Urban planning

Summons
No judicial remedial or administrative measure imposed
Building permit
Yes
Subdivision permit
No

Media & downloads

Virtual visit
https://my.treedis.com/tour/8cff1f7b

Location

Lange Nieuwstraat 77, 2800 Mechelen

Is this affordable for you?

Minimal personal contribution
-EUR
Monthly payments
-EUR/month
Interest rate
- %
APR
- %
Total loan amount
- EUR
Total amount to be repaid
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Representative example

For a mortgage loan with immovable destination of 170,000 euros, fully secured by a mortgage inscription, with a term of 240 months at a fixed interest rate of 5.41% and an annual percentage rate of 5.77%, you pay 240 monthly repayments of 1,148.39 euros, a loan organisation fee of 350 euros, notary public’s fees of 4,324.39 euros and a total payable amount of 280,286.24 euros.

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