Flat for sale 1 bedroom • 34 m² without real estateSteinstr. 72, , North Rhine-Westphalia

Investors, take note: For sale is a rented condominium on the ground floor of the residential complex at Steinstraße 72 in 45968 Gladbeck.

The apartment offers approximately 33.5 m² of living space with a functional layout that includes a combined living/sleeping room, a separate kitchen, a bathroom, a hallway, a storage room, and a south-facing balcony.

The tenancy has been in effect since February 1, 2022. The apartment is leased without any termination notice and currently yields a monthly cold rent of €285. This results in an attractive gross yield of approximately 13.7% relative to the purchase price.

Located on the ground floor, the apartment additionally includes a basement storage room. It is especially suitable for investors looking to acquire an already rented unit with ongoing rental income.

Location Description

The apartment is situated at Steinstraße 72 in Gladbeck. Shopping facilities, schools, kindergartens, doctors, and everyday services are available in the surrounding area.

Gladbeck's city center, with its numerous shops, cafés, and service providers, is about a 15-minute walk away.

Notably, the property is close to the popular recreational area Wittringer Wald with Wittringen Castle, which is also approximately a 15-minute walk away and offers a wide range of leisure and relaxation opportunities.

The apartment itself faces a green area at the rear, providing a pleasant living environment.

It benefits from good connections to the regional road network as well as public transportation.

Key Features:

- Approximately 33.5 m² of living space

- Ground floor apartment

- 1 room

- Separate kitchen with window

- Bathroom with WC

- Indoor storage room

- Basement storage room

- South-facing balcony

- District heating

- Plastic windows

- Kitchen window renewed in 2022

- Janitorial service/property management

- The apartment was renovated before the current tenants moved in in 2022

- Rented since February 1, 2022

The apartment is being sold as a rented investment property. The tenancy has remained unchanged since February 2022.

The condominium association has already approved extensive modernization measures for the elevator systems. The special levy required for these measures has been collected and paid by the seller. This approved measure is thus factored into the purchase price.

The photos show the apartment before the current tenants moved in.

Viewings are possible to a limited extent after prior coordination with the tenants.

All information is provided by the owner and/or the available documents. No guarantee is given as to the accuracy and completeness of the information.