Flat for sale 4+1 • 51 m² without real estateKöln Innenstadt Nordrhein-Westfalen 50674

Offered is an apartment with approximately 51 m² of living space located in the central A-grade area of Zülpicher Straße in Cologne. The unit is situated on the 4th floor of a multi-family house and is ideally suited as a 4-person shared apartment concept.

In a shared apartment rental scenario, a monthly cold rent of approximately €2,000 can be achieved. Based on the planned purchase price of €400,000 (including furniture, otherwise €385,000), this results in a calculated gross rental yield of approximately 5.78% per annum.

The property is equipped with double-glazed windows, is heated via a gas central heating system, and features an elevator in the building. The apartment includes an underground parking space that can be rented for approximately €150 per month.

The property on Zülpicher Straße is located in a highly desirable inner-city area. Shopping facilities for daily needs, cafés, restaurants, pharmacies, and numerous other everyday establishments are conveniently within walking distance. With excellent connections to public transportation, Cologne’s inner city, the main train station, and other districts can be reached quickly. The University of Cologne is also in the immediate vicinity.

The renovation scheduled for 2026 includes:

- Electrical installation

- Bathroom

- Walls (level 3 plastered)

- Suspended ceilings with integrated LED spots

- Doors and frames

- Solid hardwood flooring (oak)

- Optionally furnished, including a fitted kitchen

- Optionally rental-ready

- Optionally transferred to a condominium management (SEV)

Monthly service charge: approximately €580

Of which transferable: approximately €459

Reserves: approximately €48