House for sale • 239 m² without real estate, Schleswig-Holstein

In a central location in Heide, this multi-family house is presented as an investment property with development potential. Originally built in 1920 as a farmhouse, the building was converted into a multi-family house with four residential units in 1983. Today, it stands as a functional property offering approximately 239 m² of living space on a 924 m² plot.

The four apartments range from 2 to 4 rooms with living areas of about 38 m², 54 m², 58 m², and 89 m². All four units are reliably rented to a very reasonable and pleasant tenant base. The rental agreements are exclusively based on proper and legally secure contracts provided by “Haus & Grund”. For each apartment, the rental deposit equal to three net cold rents is duly in place.

Currently, a total annual cold rent of €22,980 is generated. This corresponds to a factor of 15.19, or a gross yield of 6.58%. The rent payments are always made punctually, and full occupancy has been maintained in recent years. Heating and additional costs are billed transparently and based on consumption. To accurately measure heating and hot water consumption, devices from the company Brunata are installed. A company is contracted for winter service.

The property’s features include, among other things, a central gas heating system by the brand Vaillant from 2018, which handles both heat and hot water supply. The heating system is serviced annually by a professional company. The plastic windows and doors were renewed in 2017, contributing to the property’s energy efficiency. The anthracite-colored double-bar mesh fence was installed in 2022. In recent years, the apartments have been gradually modernized (floors, kitchens, doors, bathroom fittings, blinds, etc.).

Outdoors, the property impresses with a long driveway, separate garden areas for each tenant, and a shared shed—ideal for bicycles or gardening tools. The plot size provides ample privacy and versatile outdoor usage options.

This is a solid investment with potential for appreciation—whether for long-term holding or as a starting point for future renovations. Documents such as the construction description, floor area calculations, floor plans, energy certificate, and elevations are available and can be provided upon request. The interior photos date from the various apartment handovers. To protect the tenants’ privacy, please do not enter the property without prior arrangement.

The property is located in a central and well-connected area of the district town of Heide—a lively medium-sized town in the heart of Dithmarschen with approximately 22,000 inhabitants. Heide serves as a regional center between the North Sea, the marsh, and the geest, offering both residential and business opportunities with stable demand for housing.

The area is characterized by a matured residential structure and offers a pleasant mix of a quiet living environment combined with proximity to central amenities. A variety of shops, restaurants, cafés, service providers, as well as medical and educational facilities, are within walking distance—ideal for everyday needs. Its proximity to the town center allows residents short walks to the main areas, including the large marketplace, pedestrian zone, and cultural sites.

Transportation is very convenient: Heide offers a regional railway connection with services in all directions (including Büsum, Neumünster, and beyond), making commuting and mobility easier. Local bus lines complement the public transport network. Additionally, the nearby A23 connects Heide directly to the supra-regional road network, facilitating travel to Hamburg or surrounding municipalities.

The location combines stable housing demand, excellent infrastructure, and short distances—factors that consistently support the rental appeal and value stability of this investment property.