Flat for sale 2+kk • 59 m² without real estateBochum Wattenscheid Nordrhein-Westfalen 44866

Below is the English translation of the text:

Rented 2-Room Apartment with 59 m² on the 3rd Floor in Bochum-Wattenscheid, Commission-Free

For sale is a rented 2-room condominium apartment with 58.73 m² of living space on the 3rd floor of a multi-family building in Bochum-Wattenscheid. Both the living room and the bedroom, each approximately 18 m², are generously proportioned and overlook green areas. The separate kitchen, with 11 m² of space, offers room for a dining table, and the bathroom has a window. The apartment features its own gas central heating and a storage room in the basement. It is located on the top full floor; with the ongoing conversion of the attic, the ceiling above will be insulated. A parking space in the courtyard can be purchased for an additional €5,000.

Rental

The apartment has been rented since May 2022. The net cold rent was adjusted to €401.70 in 2026 and is paid at that rate. You are purchasing an apartment that generates rental income from day one.

Rental Subsidy, Simply Explained

Because the rent was just adjusted and another increase will only be possible in a few years, we as the seller will pay you a total rental subsidy of €4,000 for the first three years. This amounts to an extra €111.11 per month on top of the rent for 36 months. Thus, your income in the first three years will be €512.81 per month, corresponding to a yield of 6.91% on the purchase price. From the fourth year onward, the regular rent resumes (yielding 5.42%, as of today). The subsidy is included in the purchase price and will be stipulated in the notarial purchase contract.

Potential

At €6.84 per m², the rent is below the current market level in Wattenscheid of around €8.27 per m². Should a tenant change occur, the apartment can be re-let under market conditions; a similarly sized apartment in the same building, renovated in 2026, was most recently rented for €11 per m². At around €1,515 per m², you are purchasing well below the average asking price in the district.

Taxes

An appraisal on the remaining useful life of the property is being prepared. We assume that this will allow for a building depreciation (AfA) of at least 4% per year instead of the usual 2% (§ 7 Paragraph 4 Sentence 2 of the German Income Tax Act). For example: €71,200 (the building component) × 4% = €2,848 depreciation per year. (This is not tax advice; please consult your tax advisor.)

Building and Community

Built in 1954 with solid construction, the building is classified under energy efficiency class C. The owners’ association was newly established in 2026. The seller contributes €1,000 per sold apartment to the maintenance reserve, totaling €11,000 once all eleven apartments are sold. There is an estimated cost of around €18,000 for the facade; through the courtyard and facade program of the City of Bochum, up to 50% of the eligible costs can be subsidized. Whether the renovation will be carried out is decided by the owners’ association, and no special levy has been approved. The attic is sold and will be developed separately, with all costs borne by its owner. The monthly service charge is €171.57. Additional apartments in the building are for sale, and package pricing is available upon request.

The apartment is located in the Günnigfeld district of the Bochum district of Wattenscheid, a well-established residential area with post-war multi-family buildings and a neighborly atmosphere. A supermarket is reachable within a few minutes on foot, and the Wattenscheid center—with doctors, pharmacies, cafés and additional shopping options—is in close proximity. A primary school, secondary school, and daycare center are all within the neighborhood.

The nearest bus stop is only a few minutes’ walk away; thanks to several bus lines, Wattenscheid train station, and the motorways A40 and A448, Bochum, Essen, and Gelsenkirchen are quickly accessible. Nearby green spaces offer local recreation, and fiber-optic and 5G infrastructure is well developed.

The neighborhood is a stable rental area in the affordable segment, resulting in a very low vacancy risk. Bochum is home to approximately 365,000 residents and is an important educational hub in the Ruhr area with the Ruhr University and several other higher education institutions.

Notes

The interior photographs are original shots; the furniture has been digitally removed out of consideration for the tenant. The fitted kitchen belongs to the tenant. There is a three-year termination ban under § 577a of the German Civil Code (BGB) and the tenant holds a right of first refusal under § 577 BGB. The sale is commission-free and conducted directly by the owner. A detailed brochure is available upon request.