Flat for sale 3+1 • 67 m² without real estate, North Rhine-Westphalia
, North Rhine-WestphaliaPublic transport 2 minutes of walking • ParkingThis is a well-maintained condominium built in 1968. The property is being sold privately and is therefore commission-free.
The property presents an attractive opportunity for investors seeking a solid and long-term rented asset. The apartment is located in a well-kept and regularly maintained multi-family building and impresses with its practical layout as well as a long-standing stable tenancy.
The apartment includes its own basement storage room as well as a communal laundry and drying cellar. In addition, the apartment comes with its own car parking space directly on the premises.
The property has been reliably rented to the same tenant since 2011. The annual rental income, including the parking space, currently amounts to €5,378. The allocable ancillary costs are around €1,200 per year and are fully borne by the tenant. The tenant settles the gas consumption costs directly with the supplier.
The monthly service charge including reserve contributions amounts to only €840 per year.
In 2011, the apartment was comprehensively modernized. The modernization included the renewal of the bathroom, the replacement of the water pipes, and the renewal of all floor coverings.
Additionally, in 2015, all windows of the building were replaced with modern, thermally insulated windows, including new roller shutter boxes and roller shutters.
The individual room heating system dates from 1997. It has been serviced regularly and is in proper working condition. An offer for a possible update to the current technical standard has already been received for approximately €6,000, including installation.
The combination of a long-term tenancy, ongoing maintenance, and already completed modernization measures makes this property an attractive investment with reliable rental income.
The apartment is located in the eastern part of Ennigerloh in a quiet and well-established residential area. In the immediate vicinity are the Rosa Parks comprehensive school within the school center as well as a daycare center. Shopping opportunities, daily amenities, and other infrastructural services are also easily accessible.
The apartment is part of a well-maintained two-story multi-family building with two separate main entrances. Each entrance provides access to four residential units, so that the homeowner association consists of a total of eight apartments.
The management of the property has been handed over to an external property management company, which takes care of and organizes the entire residential complex.
The apartment was comprehensively modernized in 2011 (kitchen, bathroom, and hallway). In the hallway, bathroom, and kitchen, tiles were installed, while laminate flooring was laid in the living areas.
In 2015, all windows were replaced with modern, thermally insulated windows with new roller shutters.
The heating is provided by a gas boiler (Weiland, built in 1997). An offer for a modernization has been received.
In 2020, painting work was carried out in the common areas, particularly in the basement and entrance hall.
The homeowner association has appointed a caretaker for the entire property, who also lives in the building as an owner.
Property characteristics
| Age | Over 5050 years |
|---|---|
| Layout | 3+1 |
| EPC | D - Less economical |
| Price per unit | €1,904.48 / m2 |
| Condition | After reconstruction |
|---|---|
| Listing ID | 1030524 |
| Usable area | 67 m² |
What does this listing have to offer?
| Balcony | |
| Parking |
| Basement | |
| MHD 2 minutes on foot |
What you will find nearby
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