House for sale • 395 m² without real estateBahnhofstr.27a, , North Rhine-Westphalia

Well-maintained multi-family house in a central location in Bad Honnef

Property Description

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The multi-family house is located in the immediate vicinity of the pedestrian zone in the beautiful town of Bad Honnef. Due to its sought-after location and attractive features, there has been no vacancy in the five apartments over the past 10 years. The heating system was renewed in 2025 and the ceiling of the top floor was insulated, which is not yet reflected in the energy certificate.

Rental Income

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The current annual net cold rent amounts to €50,460 (i.e. €9.6 per square meter for the living areas plus storage space in the basement) and has potential for development. A market-standard rental would be around €60,000 net cold rent.

Expansion Potential

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The attic can be developed into an 85 square meter apartment. A building permit for this was already granted in the past, but the work has not yet been executed. The approved plans can be inspected upon request. By making use of KfW subsidies as well as tax advantages through increased depreciation on new residential construction, there is significant potential for value enhancement. Bad Honnef is classified by the state of NRW as a municipality with a tight housing market.

The Five Apartments:

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Ground Floor

Apartment 1: 44 m² 2-room apartment, with open kitchen and bathroom

Apartment 2: 86 m² 3-room apartment with open kitchen, main and guest bathroom

Apartment 3: 59 m² 3-room apartment, with open kitchen

First Floor

Apartment 4: 152 m² 4-room apartment, with 60 m² roof terrace, main and guest bathroom

Apartment 5: 54 m² 2-room apartment, with open kitchen and bathroom

Basement

100 m² storage room (rented)

50 m² cellar compartments for apartments and heating system

20 m² storage room with shower room (rented)

15 m² storage room

The house is located in a very central area. Daily necessities (pharmacy, supermarket, retail stores) are within walking distance. Kindergartens, schools, and doctors are also very nearby. The islands of Nonnenwerth and Grafenwerth, as well as the Siebengebirge, are recreational areas in the immediate vicinity. It is a 10-minute walk to the Bad Honnef train station and the Rhine. The transport connections via RB 27 and RE8 to Koblenz and Cologne/Bonn Airport, Cologne Central Station all the way to Mönchengladbach; as well as the U66 to Bonn or Siegburg, are very good.

Recent Modernizations

2014: Renovation or creation of the three apartments on the ground floor (electrics, bathrooms, windows, floors, floor plans, installations)

Partial insulation of the cellar ceiling

2018: Renovation of the rear courtyard floor with pervious paving stones

2023: Insulation of the top floor ceiling (Bafa subsidized)

Renovation of the 60 m² roof terrace on the first floor

Partial renewal of the electrical system on the first floor

2024: Facade painting, entrance door

2025: Installation of a new modern condensing boiler ("H2-ready", i.e. designed for use with natural gas, biogas, and a hydrogen mixture)

Note on the Features

The apartments are partially furnished (kitchens, washing machines, beds, wardrobes, tables, chairs…).