Flat for sale 2 bedroom • 31 m² without real estateBäuminghausstr. 153 Essen Altenessen-Süd Nordrhein-Westfalen 45326

The rented condominium is located on the top floor of the residential complex at Bäuminghausstr. 153 / Kleine Hammerstr. 55–57 in Essen-Altenessen and offers approximately 30.41 m² of living space spread over two levels.

The living and dining area is illuminated by skylights. An internal staircase leads to the gallery level, which can be used as a separate sleeping or work area. In addition, the apartment includes a pantry kitchen and a tiled shower room. The pantry kitchen is sold as part of the inventory; a separate allocation of the purchase price is possible.

The apartment has been rented to a student since August 2022, and the rent payments are made on time. The rental arrangement is in accordance with the usage provisions of the partition declaration. The 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 elevators, an on-site caretaker with an office in the building, as well as a shared laundry and drying room controlled via an app. The condominium association includes 120 parking spaces that can be rented separately; the proceeds are included in the service charge settlement.

Bamlerstraße U-Bahn station (U11, U17) is approximately 450 meters away, and from there it is one stop to the Universität (University) stop at the Essen campus and about a 5-minute ride to the main train station.

The apartment is being sold directly by the owner without any brokerage fees. The property brochure contains a complete yield calculation as well as a transparent presentation of all relevant points concerning the condominium (usage provisions according to the partition declaration, cellar waterproofing, insurance, reserve funds). All documents will be provided via a Dropbox link.

KEY FIGURES

Living area: 30.41 m² over two levels

Location in the building: top floor

Cold rent: EUR 404.00/month

Annual cold rent: EUR 4,848

Service charge: EUR 231.00/month (planned operating budget for 2027: EUR 242.00)

Of which not allocable: EUR 57.00/month (2027 plan: EUR 54.95)

Cold rent minus non-allocable service charge: EUR 347.00/month

Purchase price: EUR 74,900

Price factor: 15.4

Gross rental yield: 6.47%

Net rental yield on the purchase price: 5.56%

Net rental yield on the total investment (including additional purchase costs): approx. 5.1%

Year built: 1991

Heating: District heating

Energy certificate: Consumption certificate

Energy rating: 99.70 kWh/(m²*a)

Energy efficiency class: C

Rented: Yes, since 08/2022 to a student

Commission: None

PACKAGE OPTION:

In the same building, the rented one-room apartment WE53 with 23.84 m² and a cold rent of EUR 328 (from 01.11.2026) is also for sale (individual price EUR 59,900). When purchasing both apartments together, the package price is EUR 124,900 instead of EUR 134,800, resulting in a package advantage of EUR 9,900, including lower additional purchase costs of around EUR 10,700. The combined annual cold rent is 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 around 5.1%).

The apartment is located in close proximity to the University of Duisburg-Essen. Shopping facilities, restaurants, and public transportation are available in the vicinity. The compact size of the apartment and the university-near location are particularly appealing to students, apprentices, and young professionals.

It features a well-maintained interior with a pantry kitchen/single kitchen and a shower room.