House for sale • 239 m² without real estate, Schleswig-Holstein

In a central location near the centre of Heide, this multi-family house presents itself as an investment property with development potential. Originally built in 1920 as a farmhouse, the building was converted in 1983 into a multi-family house with four residential units. Today, it stands as a functional property with approximately 239 m² of living space on a 924 m² plot.

The four apartments range from 2 to 4 rooms with living areas of about 38 m², 54 m², 58 m², and 89 m². All four units are reliably tenanted by a very sensible and pleasant group. The rental agreements are exclusively based on proper and legally secure contracts from “Haus & Grund”. For each apartment, a rental deposit equivalent to three net cold rents is properly provided.

Currently, an annual cold rent of €23,820.00 is achieved. This corresponds to a multiplier of 13.81 and a gross yield of 7.24%. The rental payments are always made punctually and, in past years, the property was fully rented without exception. Heating and ancillary costs are billed transparently and according to consumption. To accurately measure heating and hot water consumption, devices from the company Brunata are installed. A company has been contracted for winter service.

The property’s equipment includes, among other features, a Vaillant gas central heating system from 2018, which also provides hot water. The heating system is serviced annually by a specialist company. The plastic windows and doors were renewed in 2017, contributing to the energy efficiency of the property. An anthracite-colored double-rail chain-link fence was installed in 2022. The house was completely painted in 2026. In recent years, the apartments have been modernized successively (floors, kitchens, doors, bathroom fittings, pleated blinds, etc.). The roof (in the “Berliner Welle” style) is, as can be clearly seen from the photographs, from an older construction period.

Outside, the property impresses with a long driveway, separate garden areas for the individual tenants, and a communal shed – ideal for bicycles or gardening tools. The size of the property offers ample privacy and versatile outdoor usage possibilities.

Overall, this is a solid investment property with potential for value appreciation. It is suitable either for holding the asset as is or as a starting point for future adjustments in the existing structure. Documents such as the building description, living area calculations, floor plans, energy certificate, and exterior views are available and can be provided upon request. The interior photos come from the respective apartment handovers. To protect the tenants’ privacy, please do not enter the property without prior arrangement.

The property is located in a central and well-connected area of the district town of Heide – a vibrant medium-sized city in the heart of Dithmarschen with around 22,000 inhabitants. Heide is a regional centre situated between the North Sea, the marsh, and the geest, serving both as a residential and economic location with stable demand for housing.

The location is characterized by an established residential structure and offers a pleasant mix of a quiet neighborhood and proximity to central amenities. A variety of shops, restaurants, cafés, service providers, as well as medical and educational facilities, are within walking distance – ideal for everyday needs. Due to its closeness to the town centre, residents benefit from short distances to the most important central areas including the large marketplace, pedestrian zone, and cultural offerings.

Transportation connections are very good: Heide offers a regional railway connection with links in all directions (including to Büsum, Neumünster, and beyond), which facilitates commuting and mobility. Public bus lines complement the local transport network. Thanks to the nearby A23, Heide is directly connected to the supra-regional road network, making commuting—for example, to Hamburg or nearby communities—comfortable.

The location combines stable demand for housing, excellent infrastructure, and short distances—all factors that sustainably support the rentability and value stability of this investment property.