Flat for sale 2+kk • 59 m² without real estateBochum Wattenscheid Nordrhein-Westfalen 44866

For sale is a rented 2-room condominium with 58.73 m² of living space on the third floor of a well-maintained multi-family house in Bochum-Wattenscheid. The interior shots shown are original photographs of the apartment, with the existing furniture later digitally removed by AI to showcase the unfurnished impression; the actual, currently furnished condition of the rented apartment differs from this.

The apartment has been rented long-term since May 2022. The net cold rent is currently €401.70 per month, corresponding to €6.84 per m². In order to offer capital investors an attractive entry yield from the outset, the seller also provides an additional rent subsidy of €4,000 in total over a period of 36 months. This increases the yield in the first three years from 5.13% (gross yield without the subsidy) to 6.55% per annum; after the 36 months, the regular rental yield based on the existing net cold rent applies.

For tax purposes, the building can be depreciated at an accelerated rate of at least 4% per annum on the building portion (80% of the purchase price), instead of the linear 2%. This is subject to a remaining useful life appraisal pursuant to § 7 Paragraph 4 Sentence 2 of the German Income Tax Act (EStG), which is created individually for each buyer – its preparation takes some time and must be coordinated in the end with the respective buyer’s tax advisor; this does not replace professional tax advice.

The condominium owners’ association was newly established during the division, and the maintenance reserve currently amounts to €11,000. A cost estimate of €18,000 is available for the facade renovation (front and rear), with 50% funding provided through the facade subsidy program of the City of Bochum. The attic of the building has already been sold and is being developed, which additionally contributes to the overall building's energy efficiency.

The apartment is located in Bochum-Wattenscheid, one of Bochum’s most densely populated districts with established residential development and good local amenities in the immediate vicinity. Wattenscheid station is connected to the long-distance network by four Regional Express and one Regional train line; in addition, the nearby Wattenscheid-Höntrop stop provides a direct S-Bahn connection (S1) to Bochum and Essen. Bochum’s city center, as well as Essen, can thus be reached within minutes by train, and the A40 is a short drive away. Shops for daily needs, doctors, and schools are available in the district. The location is therefore suitable for both tenants with workplaces in the Ruhr area and capital investors looking for stable, long-term rental prospects.

Legal notice (short)

Purchase does not terminate the lease (§ 566 BGB) – the existing lease agreement is transferred unchanged to the buyer. As a condominium, the unit was converted after being handed over to the tenants; the statutory three-year notice protection period after the transfer of ownership (§ 577a BGB) applies.