Description

Van Marumstraat 24 / 24A / 24B & Cartesiusdwarsstraat 2 Profitable room rental property | 10 units | Gross yield 6.54% | Solar panels | The Hague A fully let investment portfolio is offered for sale in the popular Valkenboskwartier in The Hague. The property comprises four registered addresses across two adjacent buildings: Van Marumstraat 24, 24A, 24B and Cartesiusdwarsstraat 2, with a total of 10 rented residential units. Property Van Marumstraat 24 (first floor) consists of one self-contained apartment in the private rental sector (190 WWS points, rent €1,980/month). Van Marumstraat 24A (second floor) and 24B (third floor) each comprise three furnished non-self-contained rooms. Cartesiusdwarsstraat 2 (ground floor) also comprises three furnished non-self-contained rooms. Both buildings are characteristic turn-of-the-century properties dating from 1899, located on a quiet residential street in the heart of the Valkenboskwartier. In November/December 2024, 12 solar panels (DMEGC 440 WP Full-black, SolarEdge system) were installed on the roof. Energy Labels Van Marumstraat 24 (self-contained unit): A+++ Van Marumstraat 24A: D Van Marumstraat 24B: B Cartesiusdwarsstraat 2: C Financial Profile Asking price: €1,100,000 costs buyer Current annual base rent: €71,905 Gross yield on base rent: 6.54% (current) | 6.96% (potential at WWS maximum) Gross income incl. service charges: €96,337/year (8.76%) Rental growth potential upon turnover: approx. +€4,626 per year Composition Van Marumstraat 24: self-contained apartment, private sector, €1,980/month base rent Van Marumstraat 24A: 3 furnished rooms — regulated Van Marumstraat 24B: 3 furnished rooms — regulated Cartesiusdwarsstraat 2: 3 furnished rooms — regulated Lease Agreements 6 out of the 10 lease agreements are fixed-term and will expire before the end of 2027. This provides the new owner with a clear opportunity for rental optimisation upon tenant turnover: upon re-letting, rents can be increased to the applicable WWS maximum, as all regulated units are currently well below that level. Location The Valkenboskwartier is a stable rental market with consistent demand from students and young professionals. Its proximity to The Hague University of Applied Sciences and Leiden University’s The Hague campus, combined with excellent public transport connections (tram lines 2 and 6), ensures a low vacancy risk. Key Features Fully let, immediate cash flow from day one 12 solar panels installed (Nov/Dec 2024), DMEGC 440 WP Full-black, SolarEdge system 6 out of 10 temporary leases expiring before the end of 2027, offering clear rental optimisation potential Combination of a private-sector unit (A+++) and a regulated portfolio All regulated units below WWS maximum, offering upside upon turnover Cadastral Information Cadastral designation: municipality of The Hague, section Y, number 1422 Plot size: 80 m², four BAG-registered addresses on one cadastral plot Ownership: full ownership, no ground lease No public-law restrictions registered The four addresses are not subdivided into apartment rights; one plot, one ownership Transfer in rented condition

Features

Transfer of ownership

Listed since
Acceptance
Available in consultation
Asking price
€ 1,100,000 kosten koper
Asking price per m²
€ 4,183
Status
Available

Construction

Kind of house
Mansion, corner house
Building type
Resale property
Year of construction
1899

Surface areas and volume

Areas
Living area
263 m²
Plot size
80 m²
Volume in cubic meters
790 m³

Layout

Number of rooms
8 rooms (7 bedrooms)
Number of stories
3 stories

Energy

Energy label

Cadastral data

DEN HAAG Y 1422
Cadastral map
Area
80 m²
Ownership situation
Full ownership

Exterior space

Location
In residential district

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