Flat for sale 1 bedroom • 24 m² without real estateBäuminghausstr. 153 Essen Altenessen-Süd Nordrhein-Westfalen 45326

The rented condominium is located on the 1st floor of the residential complex at Bäuminghausstr. 153 / Kleine Hammerstr. 55–57 in Essen-Altenessen (main entrance: Kleine Hammerstr. 55) and has approximately 23.84 m² of living space.

The compact one-room apartment comprises a living area with laminate flooring, a full-length window with roller shutters, a pantry kitchen with a refrigerator, and a tiled shower bathroom. The pantry kitchen is sold as part of the inventory; a separate allocation of the purchase price is possible.

The apartment has been rented since October 2022, with rent payments being made on time. The security deposit is held in a separate deposit account and will be transferred to the buyer.

The building was constructed in 1991 and is heated using district heating. It features two passenger lifts, an on-site caretaker with an office in the building, as well as a communal laundry and drying room operated via an app. The condominium association (WEG) includes 120 parking spaces, which can be rented separately; the proceeds are incorporated into the service charge settlement.

The Bamlerstraße U-Bahn station (U11, U17) is about 450 m away; from there, it is one stop to the University stop at the Essen Campus and about five minutes to the main train station.

The apartment is being sold directly by the owner without any broker’s commission. The brochure includes a complete yield calculation as well as a detailed presentation of all relevant points regarding the condominium association (usage designation according to the declaration of division, basement waterproofing, insurance, reserve fund). All documents are available via a Dropbox link.

KEY FIGURES

• Living area: 23.84 m²

• Floor in the building: 1st floor

• Cold rent: EUR 328.00/month (from 01.11.2026)

• Annual cold rent: EUR 3,936

• Service charge: EUR 167.00/month (draft operating plan for 2027: EUR 183.00)

• Of which non-allocable: EUR 59.76/month (draft 2027: EUR 47.15)

• Cold rent minus non-allocable service charge: EUR 268.24/month

• Purchase price: EUR 59,900

• Purchase price factor: 15.2

• Gross rental yield: 6.57%

• Net rental yield based on the purchase price: 5.37%

• Net rental yield on the total investment (including ancillary purchase costs): approx. 5.0%

• Year built: 1991

• Heating: District heating

• Energy certificate: Consumption certificate

• Energy rating value: 99.70 kWh/(m²·a)

• Energy efficiency class: C

• Rented: Yes, since 10/2022

• Commission: None

PACKAGE OPTION:

In the same building, the rented maisonette apartment WE176 with 30.41 m² and a cold rent of EUR 404 is also for sale (individual price EUR 74,900). When both apartments are purchased together, the package price is EUR 124,900 instead of EUR 134,800 – a package advantage of EUR 9,900, including lower ancillary costs of around EUR 10,700. The combined annual cold rent amounts to EUR 8,784. This corresponds to a gross rental yield of 7.03% and a net rental yield on the total investment of approximately 5.5% (individually about 5.1%).

The apartment is located in close proximity to the University of Duisburg-Essen. Shopping facilities, dining options, and public transportation are available in the surrounding area. The compact apartment size and the university-adjacent location are particularly appealing to students, trainees, and young professionals.

The apartment features a shower bathroom and a pantry/single kitchen.