Flat for sale 1 bedroom • 24 m² without real estateNikolausstraße Köln Sülz Nordrhein-Westfalen 50973

This rented one-room condominium on the 4th floor impresses with a compact, highly functional layout and a location that couldn’t be more central. It is an ideal property for investors who value lasting worth and consistently high demand.

Over approximately 24 m² of living space, there is a bright living and dining area with a kitchenette, a separate sleeping area, and a bathroom with a shower. Access is via a well-maintained, tiled staircase with a bright entrance hall.

Due to its central location, the apartment is ideal for students; there is demonstrably high demand, ensuring it can be rented out continuously.

The apartment includes a lockable cellar compartment in the basement, which is ideal for small storage needs and additional space. There is also a bicycle cellar and a laundry cellar available.

A particular advantage: The apartment has been freshly renovated and newly furnished. It features a pantry kitchen. The high number of previous rental inquiries for the price of €690 cold rent and just under €789 warm clearly demonstrates that the apartment can consistently be rented out at this price.

The apartment is located in the sought-after area of Cologne-Sülz, one of Cologne’s most popular residential neighborhoods with quiet, green streets and excellent infrastructure.

The U-Bahn line 9 is only one street away; you can reach the University Hospital in about 5 minutes and the university in around 5 minutes as well. Shopping opportunities, cafés, and recreational areas such as the green belt and Beethovenpark are quickly accessible.

- Fully furnished and ready for immediate occupation!

- Kitchen unit, hob, refrigerator, freezer compartment, sink,

- Bathroom equipped with shower, mirror, washbasin, toilet

- A laundry cellar with washing machines is located in the basement

- Workspace with desk and suitable chair

- Table and seating

- Bed

- Wardrobe/dresser for clothing

- Flooring materials: laminate and tiles

- Central heating via gas

- Hot water provided in the bathroom by an instantaneous water heater

- Plastic windows with double insulating glazing

The apartment is currently rented, making it an excellent, low-maintenance investment. The existing rental contract will be assumed by the buyer, and no broker’s commission applies.

Based on the current rental income of €690 per month for the apartment, the purchase price yields an attractive gross return of around 5.5 percent. This is an approximate figure without taking acquisition-related costs and non-allocable costs into account.

All documents such as the declaration of division, financial plan, floor plans, and energy certificate are complete and will be provided upon request.

Energy Certificate: Energy demand certificate, final energy demand 84 kWh/(m²·a), energy efficiency class C, primary energy source: electricity mix, built in 1992, valid until 09.08.2028.

Would you like to learn more about the numbers and potential of this investment? Please feel free to contact us. We look forward to your inquiry.

All information is based on details provided by the owner and is given without guarantee. Errors and prior sale reserved.