Budapest, 14th District, Pándorfalu Street: Single-family home for sale

We are offering for sale a 95-square-meter house built in 1920, located on the corner of a small square in the green belt area of Zugló on Pándorfalu Street!

The images include AI-generated images that showcase the NEW property that can be built on the lot!

The property is located on a 222-square-meter lot and has been converted into two apartments!
By combining the house’s period charm with the opportunities offered by the renovation, you can transform it into your own unique home or a profitable investment!
The apartments’ windows face in several directions, ensuring a warm interior, and the private, approximately 100 m² yard attached to the house is an excellent place to relax, garden, or even host a garden party.
The lot is spacious enough to create a charming garden, and there is even the possibility of building a garage.
The current layout is divided into two separate small apartments, so the property can be rented out immediately and easily—this division provides two sources of income and reduces the risk associated with tenant turnover.
The apartments are 45 and 50 square meters, respectively. Both apartments currently consist of one large living room, one bathroom, and a kitchen with a dining area. The larger one is in fair condition, while the smaller one needs to be completely renovated.
The advantage of being located at the corner of a quiet street and a small square is that the building can be accessed from multiple directions, giving it a variety of street-facing appearances, and making it easier to create separate entrances or distinct layouts, while still maintaining proximity to the city.
The neighborhood is particularly attractive: within walking distance, green spaces, parks, and the Zugló section of the Rákos Stream offer pleasant walks in nature and opportunities for sports.
Not far away are the cultural and recreational attractions of Városliget—museums, bathhouses, Heroes’ Square, and the Városliget Lake—which consistently attract interest from tenants.
Thanks to its good transportation links, schools, preschools, and local amenities, the neighborhood is particularly popular with families and young renters, which further enhances the property's rental potential.
This house is the perfect opportunity for those who appreciate the charm of bygone eras but would like to renovate the property to meet their modern needs, or for investors looking for a property that will quickly generate income in the attractive, green neighborhood of Zugló. If you’re interested or would like to schedule a viewing, I’d be happy to provide further details.

If you were to build on the lot:

ZONE CLASSIFICATION: LK1/3
1 APARTMENT CAN BE BUILT ON A 222 M² LOT
INSTALLATION PARAMETERS:
40 % INSTALLABILITY
6.50 M BUILDING HEIGHT
MIN 45 % GREEN SURFACE INDICATOR
A two-story house with a GROSS area of 176 square meters can be built on the lot; depending on the layout, the usable net area will be 130–140 square meters.

Please feel free to contact us with any questions!