Flat for sale 1 bedroom • 31 m² without real estateRübezahlweg 38, , North Rhine-Westphalia

Quick Facts at a Glance:

Purchase Price: €35,000

Living Area: approx. 31 m² (€1,129/sqm)

Rooms: 1

Floor: 2nd Floor

Year Built: 1975

Windows: Renovated in 2022

With Balcony + Basement

Rented: Yes, rented on a long-term basis since 2020

Base Rent: €270 per month

Annual Base Rent: €3,240

Gross Rental Yield: approx. 9.5%

No Buyer’s Commission

Also suitable as a holiday apartment

Address: Rübezahlweg 38, 59929 Brilon

Investment Property with Almost 10% Rental Yield:

Attractive, long-term rented 1-room apartment in Brilon-Gudenhagen-Petersborn as an interesting investment opportunity with a low entry price.

The apartment offers approx. 31 m² of living space and is located on the 2nd floor of an apartment building built in 1975.

The apartment has been continuously rented since 2020 to a satisfied and reliable tenant who enjoys living there, wishes to continue living there, and pays the rent regularly and punctually.

With a monthly base rent of €270, the annual base rent income amounts to €3,240. Based on the purchase price of only €35,000, this corresponds to a gross rental yield of around 9.3%, or nearly 10%.

The 1-room apartment with approx. 31 m² of living space is located on the 3rd floor of an apartment building in Brilon-Gudenhagen-Petersborn.

The apartment currently requires renovations, offering the future owner the long-term possibility to upgrade and modernize the unit according to personal ideas.

It is noteworthy that the windows were renovated in 2022.

Despite the existing need for renovations, the apartment has been reliably rented since 2020. The current tenant feels comfortable there and wishes to continue the rental agreement on a long-term basis. This means that an investor will have immediate rental income after purchase without having to find a new tenant first.

The apartment is located in the Brilon district of Gudenhagen-Petersborn. The location combines a quiet residential environment with good accessibility to the surrounding area.

An additional advantage is the bus stop right on site, providing convenient access to public transportation.

Brilon offers shopping opportunities, doctors, pharmacies, as well as various services and leisure activities. The surrounding forests, hiking trails, and natural landscapes also offer high recreational value.

The town of Willingen is also reachable by car in a short time.

Special Advantages for Investors

* Purchase price of only €35,000

* Almost 10% gross rental yield

* €3,240 annual base rent

* Reliably rented since 2020

* Tenant wishes to stay long-term

* Regular and punctual rent payments

* Windows renovated in 2022

* Bus stop right on site

* Balcony and basement

* Low entry price

* No buyer’s commission

* Renovation needs offer additional long-term potential for added value