Flat for sale 2 bedroom • 38 m² without real estateKöln Mauenheim Nordrhein-Westfalen 50739

Welcome to a perfectly designed investment property in the popular northern Cologne! This attractive 2-room apartment impresses with its well-considered use of approximately 38 m² and an excellent state of maintenance and modernization.

Right from the entrance into the hallway, the spacious built-in closet immediately stands out – a clever storage solution that saves floor space in the living area. The highlight of the apartment is the bright living room with direct access to the cozy loggia, which invites you to relax outdoors.

Comprehensive Renovation Standard:

• 2015: Complete modernization of the living areas with smoothly finished ceilings and high-quality oak parquet (in farmhouse board format) for a warm, modern living atmosphere.

• 2024: Renovation of the bathroom including tiles with a concrete look – modern, stylish, and easy to maintain!

Rental & Yield Potential:

For capital investors, this property offers maximum security from day one:

• Solid Rental History: The apartment has been rented for approximately 6 years to an extremely reliable and pleasant tenant, with no rental arrears throughout.

• Current Rental Income: Net cold rent of €415.00 per month (€4,980.00 per annum).

• Rental Increase Potential: The rent offers future adjustment potential in line with the Cologne rent index or upon re-letting.

Location Description:

Cologne-Mauenheim is one of the charming, well-established neighborhoods in northern Cologne, with excellent access to the city center as well as the vibrant Nippeser area.

• Recreation & Leisure: In the immediate vicinity, the green Nordfriedhof and Blücherpark invite you for peaceful walks.

• Infrastructure: Daily needs stores, supermarkets, bakeries, and restaurants are located in the nearby area (Nippes / Weidenpesch).

• Connectivity: Excellent links to Cologne’s public transport network (S-Bahn/tram) as well as quick access to highways A57 and A1 – perfect for commuters and urban singles!

• Vintage oak wood parquet flooring

• Bathroom including tiled mirror renovated in 2025