Flat for sale 3+1 • 84 m² without real estateHerne Herne-Mitte Nordrhein-Westfalen 44623

The opportunity for value-oriented investors:

In a central and sought-after location of Herne-Mitte, we present this spacious 3-room condominium. With a living area of 83.4 m² on the ground floor, this property offers solid building fabric and features that are especially popular on the rental market: a private terrace for relaxed outdoor hours as well as a private car parking space right at the house.

Property condition & potential for appreciation:

The apartment is in a moderate state of renovation. What may initially appear as work is, for the strategic capital investor, a top-notch opportunity. Through targeted modernization measures (e.g., renewal of the upper flooring, painting work, and, if applicable, a contemporary bathroom renovation), a modern living dream can be created here. This not only ensures long-term high-level rentability but also unlocks hidden reserves for the property’s value increase.

Layout & comfort:

The floor plan is well thought-out and flexible. Three well-proportioned rooms offer space for different target groups – from a couple working from home to a small family. The terrace and parking space complete the offer. Another technical advantage is the private gas water heater. This individual gas heating system ensures maximum transparency: tenants conclude their own contracts with the provider, which minimizes your administrative effort regarding additional costs and eliminates the risk of disputes over back payments.

Location – In the heart of Herne:

Herne-Mitte is distinguished by its excellent infrastructure. All facilities for daily needs, doctors, pharmacies, as well as diverse shopping options are within a few minutes’ walk. The connection to public transport and to the highways of the Ruhr area is excellent, making the apartment equally attractive for commuters and urban-oriented tenants.

Purchase price €125,000.00 (negotiable) – Without real estate agent commission!

Current rent: The current cold rent amounts to €575.00 plus €25.00 for the parking space (total €600.00 per month). This corresponds to a cold rent of approximately €6.85 per m².

Potential: A look at the current rental index for Herne shows that for renovated apartments in a comparable location, cold rents between €7.50 and €8.50 per m² can realistically be achieved. Here lies your future yield bonus.

Service charge structure: The monthly service charge is €340.00. Of this, €2,220.11 per year is transferable to the tenant. For long-term location security, a maintenance reserve of €1,340.00 per annum is contributed. The non-transferable costs are pleasantly low at approximately €454.19 per year.

Summary of highlights:

• 83.4 m² on the ground floor (barrier-reduced and comfortable)

• 3 bright rooms, kitchen, hallway, bathroom

• Private terrace & private parking space

• Independent gas water heater (direct billing between tenant and supplier)

• Central location in Herne-Mitte,

• Commission-free sale directly from the owner

Conclusion:

This apartment is the ideal choice for investors looking for a property with "substance and soul" and who are willing to achieve an attractive yield increase through a manageable renovation. A valid energy certificate is available.

I am happy to send you further documents to convince you of the potential of this property.

Herne-Mitte is the vibrant heart of the city of Herne and is characterized by a lively mix of urban flair, cultural offerings, and excellent infrastructure. In this central location, you benefit from excellent public transport connections, shopping opportunities, restaurants, cafés, and a variety of leisure activities.

The downtown area of Herne-Mitte offers numerous shops, supermarkets, service providers, doctors, schools, etc., which make everyday life convenient. Cultural highlights such as the cultural center, theater, cinema, and museums are also in the immediate vicinity and provide diverse entertainment.

The neighborhood is characterized by a vibrant community that offers both urban living and short distances to parks and green spaces. The central location makes Herne-Mitte particularly attractive for people who appreciate urban life and desire convenient access to all important facilities.

In short: Herne-Mitte combines lively city life with excellent infrastructure and is thus ideal for anyone who values urban flair and short distances.

The apartment’s features are in a moderate state of preservation. It has a good layout, laminate floors in the living areas, and easy-to-maintain tiles in the bathroom and kitchen.

• No broker fees

• Price negotiable

• Private gas water heater

• Ground floor with terrace

• Private parking space

• Viewings only with proof of liquidity