For sale brick apartment
|
Condition of the real estate
|
renovated |
|
Year of construction
|
before 1950 |
|
Conveniences
|
double-conveniences |
|
Floor
|
3 |
|
Building levels
|
3 |
|
Lift
|
no |
|
Interior height
|
more than 3 m |
|
Air conditioner
|
yes |
|
Accessibility
|
no |
|
Bathroom and toilet
|
separately and together |
|
Orientation
|
east |
|
View
|
street view |
|
Balcony size
|
not provided |
|
Garden connection
|
no |
|
Attic
|
not attic |
|
Parking
|
street, public space - pay-zone |
|
Condition of the real estate
|
renovated |
|
Year of construction
|
before 1950 |
|
Conveniences
|
double-conveniences |
|
Floor
|
3 |
|
Building levels
|
3 |
|
Lift
|
no |
|
Interior height
|
more than 3 m |
|
Air conditioner
|
yes |
|
Accessibility
|
no |
|
Bathroom and toilet
|
separately and together |
|
Orientation
|
east |
|
View
|
street view |
|
Balcony size
|
not provided |
|
Garden connection
|
no |
|
Attic
|
not attic |
|
Parking
|
street, public space - pay-zone |
Sustainability
|
Average gas consumption
|
180 m3/month |
|
Average electric consumption
|
288 kWh/month |
|
Overhead
|
not provided |
|
Common charges
|
29 200 HUF/month |
|
Heating
|
gas (convector), electric heating panel |
|
Insulation
|
no |
|
Energy performance certificate
|
not provided |
|
Average gas consumption
|
180 m3/month |
|
Average electric consumption
|
288 kWh/month |
|
Overhead
|
not provided |
|
Common charges
|
29 200 HUF/month |
|
Heating
|
gas (convector), electric heating panel |
|
Insulation
|
no |
|
Energy performance certificate
|
not provided |
Description
EXCEPTIONAL INVESTMENT OPPORTUNITY IN ÚJLIPÓTVÁROS – TWO SELF-CONTAINED APARTMENTS IN ONE PROPERTY, JUST STEPS FROM WESTEND CITY CENTER
Located in one of Budapest's most sought-after residential districts, this beautifully renovated 118 m² bourgeois apartment is situated in the first quiet side street off Szent István Boulevard, only a short walk from Westend City Center and Nyugati Railway Station.
The property's unique feature is its current layout as two completely independent apartments with separate entrances, while it can easily be used again as one spacious family home if desired.
Property Highlights
* 118 m²
* 5 rooms
* 2 separate entrances
* 2 kitchens
* 2 bathrooms
* 3 toilets
* Separate water and electricity meters for each apartment
* Ceiling height over 3 metres
* Renovated electrical system
* Modern bathrooms
* Triple-glazed PVC windows
* Mosquito screens
* Electric remote-controlled shutters
* Air conditioning
* Individual gas heating
Two Independent Apartments in One Property
The apartment has been carefully divided into two fully functional units.
Apartment A
* Approx. 82 m²
* 3 rooms
* Spacious kitchen with dining area
* Large bathroom with bathtub and separate shower
* Separate guest WC
Apartment B
* Approx. 36 m²
* 2 rooms
* Private kitchen
* Private bathroom
* Separate utility meters
The two apartments can be used entirely independently or, thanks to the existing internal connection, easily converted back into one large residence whenever required.
Proven Investment
The dual-apartment layout is not merely a concept—it has been successfully operated this way for many years.
Both apartments are easy to rent separately, providing a reliable and flexible source of rental income.
The smaller apartment is currently rented to long-term tenants, while the larger apartment has also been continuously rented, demonstrating the property's excellent rental performance.
Based on the current rental income, the property offers an estimated gross annual rental yield of approximately 5%, an attractive return in one of Budapest's most desirable residential neighbourhoods.
Well-Maintained Building
The apartment is located in an elegant building dating back to 1897.
The condominium is well maintained, with recently renovated internal façades, refurbished walkways and structural improvements already completed. The residents' community is quiet and well established.
Monthly common charges are only HUF 29,200, including contributions to the building's renovation fund.
Prime Location
The apartment is located in the first quiet side street off Szent István Boulevard, within walking distance of:
* Westend City Center
* Nyugati Railway Station
* Metro Line M3
* Tram lines 4 & 6
* Multiple bus routes
* Szent István Park
* The Danube Promenade
* Margaret Island
The neighbourhood is renowned for its vibrant cafés, restaurants, boutique shops and excellent public transport, making it one of Budapest's most desirable places to live.
Flexible Living or Investment
Whether you are looking for a high-quality investment property, a home with rental income potential, accommodation for multiple generations, or simply a spacious apartment in a premium location, this property offers exceptional flexibility.
The owner can choose to use the property as one elegant five-room residence or continue operating it as two fully independent apartments, making it an investment that can easily adapt to changing personal or financial circumstances.
Properties with this combination of location, flexibility, proven rental history and long-term value are rarely available on the market.