Family Home with Exceptional Development Potential in One of the Best Residential Areas of Rákospalota

Located in one of the most desirable garden residential neighborhoods of Rákospalota, this solidly built 137 m² detached family home is looking for its next owners—whether a family seeking a spacious home or an investor/developer looking for an outstanding opportunity.

The property includes:

- Attached garage
- Workshop
- Separate 12 m² outbuilding
- Partially vaulted cellar
- Large plot in the LK-1/HZT-1 residential zoning district
- Outstanding Development Opportunity

According to the current zoning regulations, the property is suitable for the development of a four-unit residential building. This has been confirmed by the district's Chief Architect and is included in the official zoning plan.

Several successful residential developments have already been completed in the surrounding street.

Development options

A) Convert the existing building into a four-unit townhouse development

A side-boundary townhouse configuration is permitted, with each residential unit having its own independent structural walls.

Unlike a vacant lot, this project can be developed by transforming the existing building, significantly reducing the need to start entirely from scratch.

Advantages include:

Every residential unit can be designed with direct access to a private garden.
The spacious courtyard benefits from an unusually open feel, as the neighboring property's garden is oriented toward this lot.

B) Renovate into a premium family residence

The house also offers excellent potential to become a spacious, high-end family home.

Additional possibilities:

Operate a business from the property (the garage includes an inspection pit suitable for vehicle servicing or workshop use).
Build a loft conversion or add an additional floor.
Comfortable accommodation for multiple generations.
Create a separate apartment for rental income or guest accommodation.
Property Features
Fully serviced utilities
Three-phase electricity
Night-rate electricity
Industrial power supply
Water, gas and public sewer connection
Central heating with both gas-fired and solid-fuel boilers
Fixed telephone line installed
20-metre street frontage
All existing structures are fully permitted and officially recorded on the cadastral survey.
Excellent Location

Everything needed for everyday living is within easy reach:

- Nursery, kindergarten and schools nearby
- Family doctors and specialist medical clinics on -- Rákos Road
- Pharmacy, post office, supermarkets and a wide range of services nearby
- Renovated local market hall, CBA supermarket, local shops and farmers' market at the end of the street (Wesselényi Street)
- Pólus Shopping Centre approximately 10 minutes by car

Lifestyle
- Quiet residential street
- Friendly, well-established neighborhood with an excellent community
- Easy access to both Budapest city centre and the motorway network leading to the countryside
- Convenient public transport with regular and express bus services
- Productive private garden, ideal for growing vegetables and enjoying outdoor living

We will be happy to provide further information to interested buyers.

Viewings are available by prior appointment only.

Private sale – offered directly by the owner.