Central Łódź | 7 rooms | PLN 8,840/month | Free management for a year

For sale: a tenanted investment apartment on Zielona Street in central Łódź, offering 7 rooms, signed tenancy agreements valid for the next year and 12 months of free rental management for the buyer.

LOCATION:

The apartment is located on Zielona Street in Polesie, in the central part of Łódź, close to Piotrkowska Street. Shops, restaurants, everyday services, and tram and bus stops are available nearby.

The location appeals to students and working professionals who value easy access to the city centre and convenient commuting. Public transport connections make the property suitable for tenants studying or working in different parts of Łódź.

BUILDING:

The apartment is situated on the third floor of a tenement building. Gated grounds, CCTV and access control restrict unauthorised access and provide residents with greater privacy.

A parking space is available by the building. Ceilings approximately three metres high highlight the building’s character and create a sense of space.

APARTMENT:

The 98.11 m² apartment has been adapted for room-by-room rentals. It is furnished, equipped and tenanted, allowing the buyer to take over an established rental property with signed tenancy agreements valid for the next year.

Key features:

7 rooms, including a micro-studio,
3 bathrooms,
an open, equipped kitchen,
furniture and equipment for continued letting,
district heating,
gas water heating,
PVC windows.

Three bathrooms make shared living more convenient. Renting individual rooms spreads rental revenue across several agreements, so one vacant room does not mean losing all rental income.

The buyer also receives the first year of rental management free of charge. This saves management fees and can reduce the time spent handling the property, within the scope specified in the management agreement.

FINANCES:

Sale price: PLN 895,000.

Key figures according to the owner’s current statement:

monthly rental revenue: PLN 8,840,
annualised rental revenue: PLN 106,080,
stated monthly running costs: PLN 1,975.91,
monthly surplus after stated costs: PLN 6,864.09,
annualised surplus after stated costs: PLN 82,369.08,
calculated first-year yield after stated costs: approximately 9.2%.

Monthly running costs comprise:

building administration fee: PLN 1,645.91 (including advance payments for water, heating and waste collection),
electricity: PLN 250,
gas: PLN 80.

The rental management service fee is PLN 0 for the first 12 months after purchase. The scope of the service is specified in the management agreement.

The calculation assumes the stated revenue and costs remain unchanged over a full 12 months. The yield is calculated against the purchase price, before taxes, transaction costs, financing, insurance, repairs and potential vacancies; it does not guarantee future returns.

Interested? Contact us on +48 575 879 123 or write us an email through the contact form available in the ad.

Did you know that homfi offers a comprehensive property buying service, allowing you to arrange everything with one company? In addition to real estate agents who help you find and purchase a property, we provide access to experienced mortgage experts, talented interior architects and resourceful rental management specialists. With us, you can find a property, finance its purchase, design and finish its interior, and then sell or rent it out, with the option of entrusting us with rental management.

Interested? Ask the agent responsible for this property for details.