Fully rented upstairs apartment located in a beautiful location in a quiet neighborhood, the Tuinwijk, a stone's throw from the shopping center ̈Paddepoel ̈ in Groningen. The investment property concerns an upstairs apartment in a (dormant) VVE and is located in Paddepoel - Zuid with amenities such as shops and restaurants within walking distance. The Zernike complex is a 10-minute bike ride from the property. The University and the Grote Markt in the pleasant city centre of Groningen are a 5-minute bike ride away. The Noorderplantsoen is within walking distance. The property has four rented student rooms with a communal kitchen, a shower/bathroom, toilet and two balconies. Format. Ground floor: Entrance with stairs to the first floor. First floor: Hall with access with two rooms of approx. 15m2 and 21m2 and the kitchen on the 1st floor. In the kitchen is the dishwasher and washing machine, also a separate toilet. The second floor can be reached via the staircase in the hall. Second floor: The landing of approx. 6m2 which gives access to two rooms of approx. 9m2 and 14m2 and a communal shower / bathroom and also access to the first balcony.
The property is sold in rented condition, the leases are available on request.
Current Rental flows:
Net rent per year: € 14,300.76
Service costs € 360.00 per month x 12 = € 4,320.00
Total € 14,300.00 + € 4,320.00 = € 18,620.00