Income property a stone's throw from Ambiorix Square

€450,000
  • 4 Bedrooms
  • 3 Bathrooms
  • ~200 m² Total surface
  • ~160 m² Living area

Description

Investment property benefiting from an existing de facto situation comprising 4 studio units, while being officially recognized from an urban planning perspective as 3 units, including a duplex on the top floor. Located approximately 8 minutes’ walk from Square Ambiorix, in a highly sought after neighborhood, this property represents an attractive investment opportunity with genuine potential for optimization and value enhancement. The surface areas stated on the EPC certificates are 37 sqm, 42 sqm, 42 sqm and 38 sqm. Please note that the 38 sqm unit, located on the top floor, exists in practice but is currently not officially recognized as a separate unit from an urban planning perspective. The current energy ratings are: EPC G, G, C and G. These results are mainly explained by the fact that, with the exception of the second floor studio, the units are currently heated electrically. The second floor studio has already been renovated and benefits from gas heating, allowing it to achieve an EPC C rating. The building has also already benefited from several structural investments: the roof has been renovated and insulated, while the front façade has also been renovated, providing a solid technical base for future value enhancement. The studios are currently rented between €650 and €700 per month, ensuring immediate rental income. An aesthetic modernization of certain units could allow for further rental optimization and improved yield. Images in the Exposé may have been optimized or adapted using AI for illustrative purposes.
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Engel & Völkers Brussels MMC

Your advisor: Simon Heilporn

Property ID: W-049ANN

Property details
  • Object type

    Other

  • Bedrooms

    4

  • Bathrooms

    3

  • Number of Floors

    4

  • Total surface

    ~200 m²

  • Living area

    ~160 m²

  • Building Restrictions

    None

Energy efficiency information
  • Energy certificate available

    In progress

    Location: Saint-Josse-ten-Noode, Brussels

    Located at 35 Saxe-Cobourg Street in Saint-Josse-ten-Noode, this address enjoys a central location in the immediate vicinity of Ambiorix Square and Marie-Louise Square. The area is particularly sought after for its direct proximity to the European institutions, including the European Commission and the Schuman Quarter, within walking distance. The surroundings stand out for the quality of their architecture, elegant avenues, and the presence of well-regarded schools as well as local shops that make daily life easier. Public transport nearby provides excellent access to central Brussels and the capital’s main districts.

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