In the Burchtstraat 20 in Leuven, near the bustling Vaartkom and within walking distance of the green park of the Abbey of Keizersberg, we would like to introduce you to this charming house with excellent location and numerous possibilities.
The property is located in a lively and coveted neighborhood with easy access and all urban amenities within easy reach. Currently the property is furnished in four separate accommodation units, each with its own kitchen and bathroom. The whole has been leased to a non-profit association for 10 years, which has a temporary permit to use this classification within their operation. This rental can be continued if desired, with a current annual rental income of 18,276 euros, leading to a return of 4%.
Although there is no urban planning permit for a permanent division into four entities, this property consequently offers other interesting perspectives. You can transform the house into a spacious and charming one-family house, completely to your own taste and wishes. With a refreshment and limited renovation, you can create a contemporary and comfortable home in a prime location in Leuven. At the back you also enjoy a cozy city garden, a valuable outdoor space to unwind in the heart of the city.