Flat for sale 3+1 • 63 m² without real estate, North Rhine-Westphalia

This well-maintained condominium on the first floor impresses with a well-proportioned living space of 63 m² and a thoughtful layout that leaves plenty of room for individual living preferences. Located in the heart of Kamen, the property combines excellent transport connections with established residential quality – a solid foundation for yield-oriented investors as well as for future owner-occupiers.

A particular highlight is the heating system newly installed in 2020 – meaning that the most significant technical investment for properties of this vintage has already been made. The apartment is comfortably heated with natural gas. With a final energy consumption of 141.20 kWh/(m²·a), the property is classified in energy efficiency class E.

The robustly constructed residential building dates back to 1962 and represents the solid construction style of that era: strong walls, clear floor plans, and proven substance.

Economically, the property is equally impressive: with a manageable service charge of €265 per month, the apartment is currently rented and generates a steady cold rent of €500 per month – a stable, immediately effective return with no start-up period. This makes the property an excellent capital investment in a city with consistently high housing demand in the Dortmund catchment area.

At a purchase price of €119,000 (equivalent to around €1,890/m² with a gross rental yield of about 5.0%), you acquire a generous living space in a economically established middle-sized city on the eastern edge of the Ruhr area.

The apartment is located in Kamen, an independent regional center in the Unna district with around 45,000 inhabitants, only about a 20-minute drive from Dortmund. Kamen combines urban supply with established living quality: the traditional weekly market takes place on Tuesdays and Fridays at the historic Old Market and in the pedestrian zone – one of the oldest pedestrian zones in Westphalia. Owner-managed shops, a wide range of gastronomic offers as well as free parking spaces and a bicycle parking facility make the inner city a lively center. The local supply is further enhanced by the large specialist markets at Kamen Karree.

One of the strongest features is the connectivity – among the best in the entire region: Kamen is located at the junction of the A1 and A2, the internationally known Kamener Kreuz. The Kamen train station is also located on the historic Cologne-Minden line, one of Germany’s most important railway routes. Dortmund main station can be reached in an average of around 14 minutes, with the fastest connections taking nine. Hamm, Unna, and Dortmund Airport are also accessible in a short travel time.

Despite its central location, Kamen remains pleasantly green: In the heart of the city, the Seseke Park, opened in 2018 with playgrounds, vast meadows, and a beach volleyball court, invites you to relax. The foot and cycle path along the river, next to the renatured Seseke, is equally popular with walkers, joggers, and cyclists and is part of the 25-kilometer-long Seseke Cycle Route from Bönen to Lünen.

A location that ideally unites accessibility, practicality, and greenery, making it particularly attractive for capital investors in a location with stable rental demand.

The apartment presents itself as well-kept and solidly equipped. On approximately 63 m², it offers a functional layout that can flexibly adapt to different residential needs.

The apartment is comfortably heated via a gas central heating system, with the heating installation having been newly installed in 2020 – a clear added value for long-term planning security, as the most significant technical individual investment has already been made. With energy efficiency class E (141.20 kWh/(m²·a)), the property typically fits into its construction class.

The robustly constructed building from 1962 stands for solid construction. The apartment is located on the first floor.

In some parts, the furnishing dates back to the construction period – which additionally offers scope for further design and innovation, whether for capital investors or for future owner-occupiers. The apartment is currently rented and generates a running cold rent of €500 per month; owner-occupation is only possible after the end of the tenancy.

Property Type: Apartment on the 1st floor

Living area: approx. 63 m²

Rooms: according to layout

Year Built: 1962 (solid construction)

Condition: Well-maintained; new heating system 2020; energy efficiency class E

Status: Rented, cold rent €500/month (ideal as an investment property)

Are you interested?

We would be happy to send you further documents or arrange a personal viewing appointment on site. We look forward to your inquiry!