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Small investment building – 3 officially recognised units

Rue Lambert Vandervelde 22a

Watermael-Boitsfort (1170)

570,000 EUR

4,222.22 EUR/m²

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Description

Located on the border between Watermael-Boitsfort and Ixelles, in a quiet and highly sought-after residential area, this small investment property comprises three officially recognised residential units, each offering approximately 45 to 50 sqm. 👉 Major positive update: the regularisation permit has been approved. The three apartments are now officially recognised by the municipality, and the building is fully compliant from an urban planning perspective, providing a clear, secure and transparent situation for any buyer. The building has no lift, resulting in very low common charges, a key advantage for a hassle-free investment. Each unit benefits from individual meters for water, gas and electricity, ensuring simple and efficient management. The three apartments have been recently renovated and are in good overall condition. Roof works are to be anticipated, offering an attractive value-add opportunity in the medium term. The location is particularly strategic: within close proximity to the ULB, Ixelles sports centre, Place Keym, Arcades train station and public transport (bus 95). The lively Ixelles Cemetery district, known for its restaurants, shops and amenities, is also just minutes away. 📈 Current rental income: €2,150 per month A rare opportunity in an area with strong rental demand, ideal for investors or for a mixed-use project (private occupation combined with rental income). 📄 Full documentation available on www.weinvest.be EPC: Ground floor: E+ – 226 kWh

Specifications

Bedrooms3
Bathrooms3
Area135 m²
Year Built1937
EPC RatingD
ConditionTO_BE_DONE_UP
Floors2
Cadastral Income1,128 EUR

Source

immowebView original listing

Financial Overview

Yield

3.98%

Score

42 / 100

Estimated Rent

1,890 EUR/mo

Confidence

10%

Location Intelligence

Development Score

high (75/100)

Agent / Agency

We Invest Bruxelles-Sud

We Invest Bruxelles-Sud

Market Report

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