Flat for sale 4+1 • 88 m² without real estateDüsseldorf Holthausen Nordrhein-Westfalen 40589

Offered is a modernized 4-room condominium in Düsseldorf-Holthausen as a turnkey investment property—the handover takes place fully rented.

The four rooms are individually leased to students and young professionals. The basic rent is €2,400 per month, which amounts to an annual net cold rent of €28,800. With a purchase price of €480,000, this corresponds to a gross rental yield of 6.0% per annum and a purchase price factor of 16.7. Depreciation (based on the remaining useful life appraisal) is approximately 3.5%.

The buyer enters the existing leases pursuant to § 566 of the German Civil Code (BGB). No preparations, no need to find tenants, no renovations—income begins from day one.

Why the concept works at this location: The U-Bahn station right at the doorstep provides a direct connection to Heinrich Heine University, and Holthausen is popular with students due to its quiet setting and proximity to green spaces, without the high prices of inner-city areas.

For the buyer, the purchase broker’s fee is waived. Compared to a purchase with a broker’s commission of 3.57%, this results in acquisition costs that are €17,136 lower—8.5% instead of 12.07%.

Holthausen is a quiet, established district in southern Düsseldorf with around 13,000 residents. The apartment is located on a side street; the Elbroich City Park with its castle is reachable on foot in just a few minutes, and shops and schools are within walking distance.

The U-Bahn station “Elbruchstraße” is within walking distance, providing a direct link to the inner city and Heinrich Heine University. Motorway connections A 46 and A 59 are also nearby.

• 4 rooms, approx. 88 m² of living space, on the 1st floor of a four-story building (no elevator)

• Room sizes approx. 22 / 16 / 11.5 / 11 m², all with windows—totaling 60.5 m² of pure room area

• Kitchen with a high-quality fitted kitchen and a separate hall

• Large bathroom with a level shower, wall-mounted WC, and two windows

• Loggia overlooking greenery

• Cellar room as a special usage right

• Apartment modernized in 2012

• Building: Facade insulated, windows renewed, gas central heating installed in 2023

• Solid construction, built in 1959