Flat for sale 2 bedroom • 40 m² without real estateKöln Ehrenfeld Nordrhein-Westfalen 50825

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For sale is an approximately 40 m² developed attic space in Cologne-Ehrenfeld, which is currently rented out for residential purposes.

The current monthly net cold rent is 480 EUR, corresponding to an annual net cold rent of 5,760 EUR.

Important note regarding the building regulations:

There is no corresponding building regulation approval for the current residential use of the attic space. Due to the existing room heights, it is also uncertain whether retroactive approval as living space is possible. Therefore, the seller does not expressly guarantee that approval can be obtained.

The space is sold in its existing condition. Prospective buyers should expressly take the building regulations into account when evaluating the property and, if necessary, check with the relevant authority or a specialist planner on their own.

Because of this particular situation, the unit is offered at an accordingly attractive purchase price.

For capital investors, the space currently offers ongoing rental income. At the same time, the unapproved residential use entails a particular legal and economic risk, which has already been factored into the purchase price.

The sale is aimed especially at buyers who are familiar with such special situations and who are capable of independently evaluating the opportunities and risks of the current use.

Further documents and information regarding the existing tenancy will be provided upon serious interest.

Cologne-Ehrenfeld is one of Cologne’s most popular neighborhoods and impresses with its excellent infrastructure, diverse gastronomy, shopping opportunities, as well as its good connection to the city center and public transport.

The high demand for residential space makes the location attractive for capital investors in the long term.

An interesting opportunity to invest in a property in one of Cologne’s most sought-after residential areas and to benefit from the development prospects of the location.

• Well-designed living areas

• Bright and friendly atmosphere

• Well-maintained overall condition and optimal upkeep

• Insulated façade and new heating system

• Timeless features

• Modernly designed bathroom

• Attractive rental potential

• Sought-after living location in the popular Cologne district of Ehrenfeld

• Long-term potential for appreciation

• Large basement storage space