Budapest XIV. kerület, Pándorfalu utca For sale family house

For sale in the green belt area of Zugló, on the corner of a small square, a 95 sqm house built in 1920 on Pándorfalu Street!

The property sits on a 222 sqm plot and has been divided into two apartments inside! You can transform the house, combining its period charm with renovation possibilities, into your unique home or a profitable investment! The apartments have windows facing multiple directions, providing a warm interior, while the intimate approximately 100 sqm courtyard belonging to the house is an excellent place for relaxation, gardening, or hosting garden parties.

The plot is spacious enough to create a cozy garden, and there is also the possibility to add a garage. The current layout is split into two separate small apartments, making the property immediately rentable—this division offers two streams of income and reduces risk during tenant changes. The apartments are 45 and 50 sqm respectively. Both currently consist of one large living room, a bathroom, and a kitchen with dining area. The larger apartment is in average condition, while the smaller one requires complete renovation.

The advantage of the quiet street and the corner of the small square is that the house can be accessed from multiple directions, giving it several street facades, making it easier to create separate entrances or distinct solutions—all while maintaining close proximity to the city. The neighborhood is especially attractive: within walking distance, green spaces, parks, and the Zugló section of the Rákos stream offer pleasant nature walks and sports opportunities.

Not far away is the cultural and recreational offering of Városliget—museums, baths, Heroes' Square, and the Városliget lake—which continuously attract tenant interest. Good transport links, schools, kindergartens, and local services make the area particularly popular with families and young renters, further enhancing the property's rental potential.

This house is a perfect opportunity for those who appreciate the atmosphere of bygone eras but want to reshape the property according to modern needs, or for investors seeking a quickly income-generating property in Zugló’s attractive, green area. I am happy to provide further details upon inquiry and viewing.

If you wish to build on the plot:

ZONING CLASSIFICATION: LK1/3
1 APARTMENT CAN BE BUILT ON A 222 SQM PLOT
BUILDING PARAMETERS:
40% BUILDING COVERAGE
6.50 M BUILDING HEIGHT
MINIMUM 45% GREEN AREA RATIO
A two-story house with a gross area of 176 sqm can be built here, with a usable net area of 130-140 sqm depending on layout.

Please feel free to contact me with any questions!