Budapest VI. kerület, Lovag utca For sale brick apartment

Budapest VI District, in the popular Lovag Street, we offer for sale a double-comfort, 89 sqm first-floor property with TWO SEPARATE ENTRANCES, requiring renovation.

The apartment opens into a spacious living room with an open-plan kitchen, from which a hallway leads to two large, bright rooms overlooking the street. The third, also generously sized room overlooks the inner courtyard. The property has two bathrooms: one with a shower, two washbasins and a toilet, and the other with a corner bathtub and toilet. Heating and hot water are provided by a gas boiler.

One of the property's key advantages is its two separate entrances, which, with suitable conversion, could allow for the creation of two independent residential units. The 4-metre ceiling height also offers the possibility of creating a mezzanine, further increasing the usable living space. The existing layout provides an excellent basis for developing two separate apartments.

This makes the property particularly attractive as a buy-to-let investment, as renting out two separate units could generate higher rental income and potentially provide a more favourable return on investment.

The property requires renovation, and the building itself is an older residential building. It is therefore particularly recommended for buyers and investors who can see the potential for value enhancement through renovation and thoughtful redesign, rather than focusing solely on its current condition.

The location is excellent: Nyugati Railway Station, Westend Shopping Centre, the 4/6 tram lines and the metro are all within easy reach, providing quick and convenient access to the city centre and many other parts of Budapest.

Asking price: HUF 87,500,000

For further information or to arrange a viewing, please call:

+