House for sale • 368 m² without real estate, North Rhine-Westphalia

You decide: owner-occupancy or pure investment!

New Build (Year of Construction 1996) and Old Build (Year of Construction 1925) with the option for owner-occupancy or as a pure investment.

New Build:

The modern multi-family house, built in solid construction, impresses with a well-thought-out layout and a total area of approximately 203 m².

Ground Floor:

Commercial unit (approx. 53 m²) incl. two parking spaces with a kitchen and WC – currently used only on weekends and presently rented for €450 cold/month

Separate, privately used office by the owner (approx. 20 m²)

Upper Floor:

Generously sized owner-occupied apartment (duplex) currently used by the owner (approx. 130 m²).

3.5 rooms, high-quality equipment with underfloor heating, large west-facing balcony, and a fireplace for additional living comfort

Private parking space with a large garage.

This residential unit is also perfect for self-employed individuals who wish to combine living and working under one roof. Due to the favorable transport links, advertising is a breeze.

If rented out including the garage, parking space, and 20 m² office, a rent of €1,400 cold/month is realistic.

Equipment & Condition:

Gas-fired individual heaters, windows, electrical installation, and heating from the original year of construction, but technically flawless. Solid, heavy construction

Old Build (Year of Construction 1925) is basemented.

The charming, detached multi-family house offers a total of approximately 165 m² of living space, divided into two residential units.

Ground Floor:

approx. 75 m², 3.5 rooms

Rented for €425 cold/month incl. parking space

Upper Floor (Duplex):

approx. 90 m², 3.5 rooms

Currently rented for €575 cold/month, becoming available on 1st July

Also incl. parking space

Note:

In the Old Build, there is potential for rent increases through moderate cosmetic modernizations. An immediate re-letting is, however, possible without any issues in the current condition.

Current rental income (actual): €1,450 cold/month

Rental income target with the currently owner-occupied unit: €2,850 cold/month

Thus, with full occupancy, annual rental income is:

€17,400 cold/year if self-occupied,

€34,200 cold/year if completely rented out

This results in a factor of 13.15 or 7.6% in the case of full rental occupancy.

With a current annuity of 5.5%, a pure investor can thereby achieve a monthly profit of €787.

The property is located in a well-connected area in the Unna district of Königsborn.

This district is considered one of the established residential areas of the district town and is characterized by a balanced mix of residential development, service offers, commercial enterprises, and excellent infrastructure.

Particularly noteworthy is the excellent transport connection. The center of Unna is reachable within a few minutes. Likewise, there are short distances to the neighboring cities of the eastern Ruhr area as well as to the major motorway routes in the region. The motorways A1, A2, and A44, along with the nearby Kamener Kreuz, enable quick access towards Dortmund, Münster, Hamm, Bochum, and Cologne.

As a result, the location is highly attractive for both commuters and businesses.

Public transport is also excellently developed. The Königsborn S-Bahn station is conveniently located and offers regular connections toward Dortmund and Unna.

The offering is complemented by several bus lines that ensure good connectivity within the city area and neighboring communities.

Local supply is secured by numerous shopping opportunities, supermarkets, bakeries, pharmacies, and other service providers.

Families benefit from a wide range of educational facilities with kindergartens, primary schools, and secondary schools in the immediate vicinity. In addition, doctors, specialists, and other everyday facilities are quickly accessible.

The district also offers significant recreational and leisure opportunities.

Various green spaces, sports facilities, and local recreational areas create a pleasant living atmosphere and contribute to a high quality of life. At the same time, the established infrastructure and stable demand for housing provide good rental prospects.

Overall, this is a sought-after residential and investment location within the district town of Unna. The combination of easy accessibility, well-developed infrastructure, solid housing demand, and proximity to important economic centers in the region makes this location particularly interesting for both investors and owner-occupiers.

Equipment Description

Both multi-family houses impress with solid and functional equipment in both the new build and the old build.

The structural integrity is well-maintained, the equipment features predominantly date from 1987 until today, and are nevertheless in a neat and fully functional condition.

The Old Build has been subsequently updated.

New Build (Year of Construction 1996)

The owner-occupied residential unit offers a comfortable and modern equipment:

Underfloor heating throughout the apartment provides pleasant living comfort

Flooring: predominantly light, timeless tiles in the living areas, walls papered and well-maintained, bathrooms from the original build, fully functional and well usable

Layout of the Duplex Apartment:

Upper Floor:

Two bedrooms with laminate flooring

Hallway

Separate utility/storage room

Lower Floor:

Spacious living and dining area

Kitchen, guest WC, additional room (ideal as a children’s room or office).

The commercial unit as well as the separate office on the ground floor are also functionally equipped:

Continuous light, white tiled floors

Practical and low-maintenance design

Bright and friendly ambiance

Overall, the new build presents a uniform appearance with predominantly tiled surfaces; only the bedrooms on the upper level are equipped with laminate flooring.

Old Build (circa Year 1930)

The Old Build offers a simple but solid equipment:

Flooring: predominantly tiles in both residential units, staircase is a classic wooden staircase with corresponding old build charm

Rental Situation & Condition:

The upper floor apartment is currently rented and can be used or re-let without further measures.

The ground floor apartment has been rented to the same tenant for many years.

After a tenant moves out, a renovation or partial refurbishment is recommended for the ground floor apartment.

Apart from the ground floor apartment, there is no immediate need for refurbishment in the Old Build.

Re-letting is – depending on requirements – also possible in the current condition, with targeted modernizations additionally realizing increased rental potential.

Overall Conclusion on Equipment:

The property offers a solid basic equipment with functioning technical systems and clear structure.

While the new build impresses with a well-maintained and uniform equipment, the Old Build, particularly on the ground floor, offers value-enhancing development potential through modernization measures.