Asking price
€ 450.000
Rent P.A.
€ 30.000
84 m2
6.7 %

Lekstraat 221, Den Haag, The Netherlands

Property Description

On behalf of our client we exclusively offer for sale the object located at Lekstraat 221 in The Hague.
The object concerns an apartment of 84.4 m² GO (according to NEN-2580) and has a room rental permit (for the exact information regarding the permit we refer you to the dataroom). The apartment consists of two floors, has four rented bedrooms, a shared living room, a kitchen and a balcony. The balcony faces south and its condition is good. It is rented and sold fully furnished and equipped. Movable items with a purchase value of approximately € 10,000 (including a new flat screen and washing machine) are part of the offer and are included in the purchase price. In addition, the property was completely renovated in 2020 for approx. € 25,000 and a brand new kitchen was installed.

Various shopping facilities, public transport (The Hague Central Station) and the center of The Hague are within walking distance of the property. This also makes the property very interesting for international students studying in Delft or Leiden. Furthermore, Leiden University (Campus The Hague) is approximately 1 kilometer away. Various faculties of the University can be reached both by bicycle and by public transport (streetcar) within 8 minutes. The college InHolland can be reached by bicycle within 10 minutes.

If desired, this apartment will be sold including a multi-year partner agreement (rental and management) with a company that partners with, among others, The Hague University of Applied Sciences, Leiden University (with faculties in The Hague), Erasmus University Rotterdam, Rotterdam School of Management, TU Delft and Codarts for housing international students.

The mentioned educational institutions forward international students to the partner's platform where they can form groups to rent an apartment. This results in a large annual influx of new young internationals. Partly because of this, the partner has managed to achieve an occupancy rate of 100% over the past 7 years. The partner has completed approximately 1,500 tenant transactions to date.

The four rooms and common areas are rented out to international students under a fixed-term group contract that expires on 24-07-2023. The current annual basic rent amounts to EUR 30.000,-. The service costs are EUR 120,-. This includes the use of water, internet, furniture and maintenance of the central heating system.

Asking price: EUR 450,000,- k.k.
Factor: 15

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