Apartment specification

I have to offer a 4-room apartment with an area of 47 m², located in a quiet and green part of Bródno, Warsaw, at Chodecka Street 1. The apartment is located on the 9th floor of a 10-story building with an elevator. The building has two elevators. The legal status of the property is an expectation of the right to separate ownership (unregulated land). When the land is regulated, the apartment automatically becomes separate ownership.

The apartment is very functionally designed. The 47 m² includes:

• 4 separate rooms
• a separate, closed kitchen,
• a bathroom,
• an entrance hall
• a WC

The window exposure provides good lighting for the interiors throughout most of the day. An additional advantage is the balcony, ideal for outdoor relaxation.

The monthly administrative fee is around 700 PLN – the administrator is the Bródno Housing Cooperative.

ROI

Rooms in the area rent for a minimum of 1500 PLN, assuming an annual income of 72000, subtracting the annual rent cost of 8400 gives us about 8.5% return on investment per year.

Apartment standard

The apartment has undergone a major renovation and is ready to move in. Designed to work better for you than a deposit, 4 rooms prepared for rental, fully equipped with appliances.

All plumbing and electrical installations have been replaced. The apartment has an associated cellar with an area of about 3 m².

Building and surroundings

The building was built in 1974. The facade is in good condition, and the management takes care of the cleanliness and ongoing maintenance of common areas.

The area is well connected to the rest of the city – there are bus and tram stops nearby, and you can walk to the Kondratowicza metro station in about 15 minutes or get there by bus in a few minutes.

In the immediate vicinity, there are numerous shops, schools, kindergartens, service points, and green areas ideal for walks and active leisure.

Summary

The apartment at Chodecka Street 1 is a great proposition for both families with children and investors looking for rooms to rent. Functional layout, good location, and an associated cellar are just some of its advantages.

Current photos are for reference, showing another project completed by us – the renovation is planned to be completed by mid-July - after a photo session, they will be updated.

I invite you to contact me and schedule a presentation!

Data source: https://www.otodom.pl/pl/oferta/chcesz-dobrze-ulokowac-kapital-sprawdz-to-ID4x5Ly.html