PROPERTY FEATURES
Asking price
€ 995.000
Rental P.A.
€ 50.460
Size
349 m2
Yield
5.1 %
SOLD

Hoogstraat 333Eindhoven, The Netherlands

Property Description

We are pleased to offer you the opportunity to invest in a monumental villa located at Hoogstraat 333 in Eindhoven. 

This building has been converted into a residential building consisting of various non-self-contained studios and rooming houses. The building is located on the Hoogstraat with all imaginable amenities such as stores, restaurants, recreation within easy reach. 

The proposition 

This villa dates from around 1880 and was built as a residential house in an eclectic style. Because of its architectural importance the villa was listed in the municipal monument register around 1975. 

The villa was used from 1930 as the headquarters of Matrassenfabriek Nederland NV. After the relocation of the factory, the director of the mattress factory used the villa as a private residence. The successive owner renovated the villa and made it suitable for habitation in the form of non-self-contained studios and rooming houses. 

Currently the villa offers living space for 10 young professionals. Recently, an environmental permit has been issued to expand the villa with approximately 44 m², to 11 rentable units. 

General features:

  • Total usable area complete house; approximately 349 m² (excl. garage)
  • 10 rentable non-independent living units
  • 3 independent studios with private bathroom and pantry 
  • 7 spacious rooms with shared sanitary facilities and kitchen
  • Shared bicycle storage, roof terrace, and walled garden
  • Total usable area 10 units (go): 268 m² (excl. general / common area and storage) 

Extension possibility 

  • Environment permit issued for expansion with approximately 44 m2 go. 
  • After extension there are 4 independent studios and 7 rooms

Surface areas living units 

Existing situation New situation 

  • Room A 26.2 Room A 26.2*         
  • Room B 26,9 Room B 26,9 
  • Room C 19,8 Room C 19,8 
  • Room D 22,3 Room D 22,3 
  • Room E 21,6 Room E 21,6
  • Room F 19,3 Room F 19,3
  • Room G 21,7 Room G 21,7*
  • Studio H 27,7 Studio H 27,7 
  • Studio I 46,9 Studio I 46,9
  • App. 1 33,5 App. 1 33,5
  • App. 2 32,8 App. 2 32,8

Current rental income (current situation) 

€ 60,660 per year, including service costs and upholstery. 

The rent of room A and G have been terminated and will be vacant as of July 1. Because of the intended sale and the possibility of expansion these will not be rented by the seller. The rent will be reduced with resp. € 460,- and € 485,- (incl.) per month. 

Owners costs (current situation)

The owner's costs are € 9.099,- per year (energy, water, internet, building insurance, waste disposal, sewerage and ozone) 

Location

The Hoogstraat is the connection between the center of Eindhoven and the Kempen. The villa is located near all amenities such as city center, park, schools, Franz Leharplein, High Tech Campus and highways.

  • Distance from city center : 2,0 km 
  • Distance Fontys / TU : 4,4 km 
  • Distance High Tech Campus : 2,0 km

Franz Leharplein with various daily stores and 2 supermarkets is right around the corner. 

The sales process

Invitation to Bid

If you are interested in purchasing this property you can fill in the response form.

In any case, the following information must be included in your bid

  • Full name of the candidate and a copy of a valid identification document
  • The purchase price on the basis of the buyer's costs
  • possible financing
  • the reservations and conditions or approvals that apply and the corresponding deadlines.

The seller may require more detailed information from you (and any financier).

Basic transaction principles

Potential buyers have to bear their own costs during the transaction process. 

The seller has appointed Zuiderlink Real Estate as exclusive manager of the sales process. 

The transaction process and proposed sale is at all times subject to seller's approval and any discussions will take place subject to award

The property will be sold "as is, where is", for this reason therefore without any representations or warranties as to the current legal, environmental technical and/or fiscal aspects of the properties and without any warranties as to the absence of defects, encumbrances and/or limitations

The submission of a bid, whether indicative or final, shall not result in any obligations for the Seller, including to provide information or to negotiate. Acceptance of a bid without this being detailed in a written contract of sale will never lead to an obligation on the part of the Seller to deliver or otherwise to the Purchaser.


Asking price from € 995,000 k.k.

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