Flat for sale 1 bedroom • 23 m² without real estateRemigiusstraße 14 Köln Sülz Nordrhein-Westfalen 50937

6.3% gross yield, €716 monthly surplus after service charges, and no renovation required: This apartment is a turnkey investment property in one of Cologne’s most sought-after student areas, just a few steps from the University of Cologne.

The figures

- Purchase price: €149,374, commission-free

- Net rent excluding utilities: €783 per month, €9,396 per year

- Yield: approx. 6.3%

- Non-recoverable service charges: only €66.51 per month

- Surplus after service charges: €716.49 per month, €8,597.88 per year (before taxes, financing costs, and rental income loss)

- The tenant pays the utility providers directly for heating, hot water, and electricity. The owner therefore bears no cost risk for these services.

- The property is being re-let in parallel with the sale.

Why this apartment is particularly attractive to investors:

Demand: Furnished small apartments close to the university are always in demand in Cologne, especially at the start of each semester. The university is within walking distance, and tram line 18 stops at Arnulfstraße.

Established target group: The building is designated for student accommodation.

No investment required after purchase: The apartment was fully renovated in autumn 2026, including new walls, new wood-effect flooring, a new fitted kitchen with refrigerator, new light fixtures, and a new extractor fan in the shower room. All furnishings are included in the purchase price.

Building: 90 apartments, elevator, professional property management. As of December 31, 2025, the maintenance reserve amounted to approximately €357,000.

The apartment

Apartment No. 84 on the 8th floor, 22.69 m² according to the declaration of division, 1 room with a sleeping alcove, fitted kitchen, shower room with toilet, basement storage unit No. 84, built in 1999.

Detailed running costs

Monthly service charge according to the 2027 budget: €135.40. Of this amount, €68.89 consists of recoverable operating costs reimbursed by the tenant. €48.53 is allocated to management and maintenance, and €17.98 to the maintenance reserve. Property tax is also recoverable from the tenant. The tenant pays €783 in net rent excluding utilities plus a €90 advance payment for operating costs.

No estate agent’s commission.

Remigiusstraße is located in Cologne-Sülz on a quiet residential street. The University of Cologne is within walking distance, and the University Hospital can also be reached quickly. Tram line 18 stops at Arnulfstraße, providing convenient access to the city center. The neighborhood offers cafés, restaurants, and shops for everyday needs, while Beethovenpark is nearby. Furnished small apartments close to the university are consistently in demand in Cologne, especially at the start of each semester.

Completely newly furnished throughout (included in the purchase price): corner sofa, desk with office chair, breakfast bar with two bar stools, bed with mattress, shelving, and light fixtures. Fitted kitchen with sink, cooktop, and refrigerator. New wood-effect flooring, new ceiling lights, and smoke detector. Shower room with toilet and new extractor fan. Basement storage unit No. 84, elevator in the building, district heating. Shared facilities include bicycle storage and a laundry room.

I would be happy to send you the detailed property brochure, including all figures, as a PDF. You will then receive the complete homeowners’ association documentation (declaration of division, meeting minutes, budget, service charge statements, and energy performance certificate), which you can forward directly to your bank. A brief telephone call will take place before any viewing.

Energy performance certificate: consumption-based certificate, final energy consumption 144.4 kWh/(m²·year), energy efficiency class E, district heating (fossil-fuel heating plant), built in 1999.

I look forward to hearing from you.