Beleggingspand Maria Stuartstraat 32 in Eindhoven verkocht

8/7/2024

The status of the investment property Maria Stuartstraat 32 in Eindhoven has been changed to 'sold'.

This investment property was published on our platform in 07 maart 2024. We congratulate the seller on the sale.

Asking price: € 375.000

At the time of publication we used the following description:

Contractors, builders and handymen beware. An ideal property to flip where a profit of €103,500 is realistic or an ideal property for a private individual who wants to live in this property himself and can still add quite a bit of value to the property himself. Spacious property of approximately 123 m² in a sought-after location in Eindhoven with a spacious back garden and also a balcony on the first floor.

Previously, this property has been rented out. The property will be delivered empty without tenants. With a small renovation of approximately € 50,000, this can be turned into a beautiful home. Among other things, a new kitchen, bathroom and floor finishing should be installed. And plastering and painting should be done and, for instance, a balustrade for the roof terrace should be placed. The central heating boiler was renewed fairly recently. Houses in this street have been sold for between €535,000 and €565,000 in recent years.

Below is a quick calculation to substantiate the possible profit of around € 103,500.

Purchase price: € 375,000

Buyer's costs: € 39,000

Conversion (estimate/indication): € 50,000

Indication of sales price: € 560,000

Indication transfer tax refund 2%: € 7,500

Total proceeds: € 567,500

Costs: € 464,000

Gross result indication: € 103,500

The property is located in a sought-after residential area close to the city centre on a characteristic pre-war street in the Vonderkwartier. Within a few minutes you are at the supermarket, the centre, the cosy Wilhelminaplein, the day-care centre, the primary school, in the middle of the newly constructed Gender Park or in front of the PSV stadium. From here, you can also quickly reach the ring road and motorway. At the end of the street is also a small city park with playground!

Details:

Centrally located yet quiet in the cosy Vonderkwartier.
Close to the cosy centre of Eindhoven and a 5-minute walk from the Wilhelminaplein.
Supermarket also on few walking minutes (Jumbo supermarket on Victoriapark). Several other supermarkets within 5 minutes cycling (Hoogstraat, Trudoplein, Limburglaan).
Active neighbourhood association organising activities for both children (e.g. visit Sinterklaas at home), adults and the elderly.
Parking with parking permit 1 car € 45.00 per year, 2nd car € 90.00 per year (max 2 per household).

Please keep this information confidential and do not provide it to third parties. It is not possible to visit the property without scheduling an appointment. The contents of this brochure have been compiled with the greatest care.

It is our goal to provide you with as much information as possible, nevertheless no rights can be derived from this brochure.